Foreign lenders to Enron Corp's $2.9 billion stalled Dahbol power project said on Thursday they had launched arbitration proceedings in a London court to recover their loans and exit from the Indian project.
Offshore lenders to bankrupt Enron Corp's $2.9 billion Indian power plant in Dabhol want to terminate the power purchase agreement with Maharashtra State Electricity Board, a statement from a consultant of the banks said.
Bharat Heavy Electricals Ltd on Monday said it has bagged a Rs 599 crore (Rs 5.99 billion) contract for setting up a 250 MW thermal power plant in Beed district of Maharashtra.
Indicating that it would take some more time to restart the controversial Phase I of Dabhol Power project in Maharashtra, Power Minister Anant Geete said in Lok Sabha.
Ratnagiri Gas will be an equal JV between NTPC and GAIL if MSEB which has been offered a small stake does not pick up equity
It is impossible for Mumbaikars not to glimpse themselves or someone they know in Sudhir Patwardhan's paintings.
Pint-sized Kedar Jadhav's power-packed 65-ball 100 might have earned him the sobriquet of 'Pocket Dynamite' but former national selector Surendra Bhave revealed how a hard-core vegetarian added power to his small frame by switching to chicken.
'The worst affected is the electricity supply. A huge number of poles, some 6,000 to 8,000 poles have been damaged completely. That will take a lot of time for restoration.'
Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects.