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MSEB, GE-Bechtel discuss DPC revival
April 08, 2003 19:56 IST
The Union government, the Industrial Development Bank of India, and the Maharashtra State Electricity Board are holding talks with representatives of GE-Bechtel regarding expenditure of re-starting the Dabhol Power Company's controversial project, Maharashtra Energy Minister Dilip Valse-Patil said on Tuesday.
The talks also involve inspection of the project's machinery, the energy minister told the state assembly in a written reply.
However, no sanction from the Maharashtra Electricity Regulatory Commission has been obtained about the power purchase agreement and quantity to be purchased from the project, the energy minister said.
The MSEB has prepared a preliminary draft of the energy purchase from DPC's first phase, the minister said. However, a response in this regard from IDBI was awaited.
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