Playing power games

Headline: Playing power gamesSource: EuromoneyDate: February 2001Author: Kala Rao         Celeste: “The world is watching” Doing business with politicians is a wretched business, as independent power producers in the Indian subcontinent have learnt lately. Last December the state government of Maharashtra declared that power purchased from the Dabhol Power Company (DPC), the […]

Headline: Playing power games
Source: Euromoney
Date: February 2001
Author: Kala Rao

       
Celeste: “The world is watching”
Doing business with politicians is a wretched business, as independent power producers in the Indian subcontinent have learnt lately.

Last December the state government of Maharashtra declared that power purchased from the Dabhol Power Company (DPC), the Indian subsidiary of Texas-based Enron, the largest foreign investor in the country, was too expensive and announced a review of the second phase of the project.






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