EnronIssues Political Force Majeure Notice, Threatens To Leave India
Enronof the US on 9 April issued a political force majeure notice to IndiasMaharashtra State Electricity Board (MSEB), saying that it was consideringpulling out of the Dabhol power project. The threat is the latest move in along-running dispute between the Dabhol Power Corporation (DPC), in which Enronhas a 65% share, and MSEB. Last February DPC invoked the guarantee of theFederal...
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