VOL. XLIV
No. 07
12-February-2001
UAE/OMAN
Enron Invokes Indian FederalGovernment Guarantee Over Maharashtras Debt To Dabhol
Enron of the US, which has a 65%stake in the Dabhol Power Corporation (DPC), announced on 6 February that ithad invoked the guarantee of the Federal Government of India to pay debtstotaling more than 2.3bn rupees ($50mn) accumulated by the Maharashtra StateElectricity Board (MSEB). This amount covers bills from DPC that the board hasfailed to pay for the supply of...
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