VOL. XLIV

No 50

10-December-2001

OMAN/UAE

Fate Of Dabhol Power ProjectsExpansion To LNG Uncertain After Enron Collapse

The fate of the second phase ofthe Dabhol power project in India remains uncertain following the decision of EnronCorporation on 2 December to file for Chapter 11 bankruptcy. Enron holds a 65%stake in the Dabhol Power Company (DPC), along with Bechtel (10%), GeneralElectric Capital (10%) and the Maharashtra State Electricity Board (MSEB 15%). Under the second phase of the...