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NEWS
June 30, 1995 | From Times Staff and Wire Reports
Local authorities are considering canceling India's largest foreign investment, a power plant in the western state of Maharashtra, newspapers have reported. The outcome of the case involving a U.S. consortium led by Enron Development Corp. is being watched closely by investors as a guide to what India will and won't do to attract Western investment.
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BUSINESS
November 22, 1995 | Times Staff and Wire Reports
Enron Project in India May Be Back on Track: Enron Development Corp. has made a breakthrough that could pave the way for the resumption of a $2.8-billion power project that was canceled in August, a company official said. The Houston-based company reached an agreement with an expert committee set up by the Maharashtra state to study the canceled Dabhol Power Co. project, said Vrinda Walavalkar, an Enron spokeswoman. The Maharashtra state Cabinet is now expected to make a final decision by Dec.
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BUSINESS
November 22, 1995 | Times Staff and Wire Reports
Enron Project in India May Be Back on Track: Enron Development Corp. has made a breakthrough that could pave the way for the resumption of a $2.8-billion power project that was canceled in August, a company official said. The Houston-based company reached an agreement with an expert committee set up by the Maharashtra state to study the canceled Dabhol Power Co. project, said Vrinda Walavalkar, an Enron spokeswoman. The Maharashtra state Cabinet is now expected to make a final decision by Dec.
NEWS
June 30, 1995 | From Times Staff and Wire Reports
Local authorities are considering canceling India's largest foreign investment, a power plant in the western state of Maharashtra, newspapers have reported. The outcome of the case involving a U.S. consortium led by Enron Development Corp. is being watched closely by investors as a guide to what India will and won't do to attract Western investment.
BUSINESS
July 17, 1995 | Times Staff and Wire Reports
Enron Meets to Save Project: Enron Development Corp. Chief Executive Rebecca Mark met with Manohar Joshi, the chief minister of the western Indian state of Maharashtra that is considering canceling the U.S. company's $2.9-billion power plant project. Neither side made public comments after the half-hour meeting in Bombay.
BUSINESS
November 1, 1995 | MARJORIE MILLER, TIMES STAFF WRITER
Saudi Arabian executives openly swapped business cards with their Israeli counterparts Tuesday, while the Persian Gulf state of Qatar acknowledged a preliminary agreement to sell natural gas to the government of Israel through a U.S. company. And a new $5-billion Middle East Development Bank was established--along with regional tourism and business councils--which was the main fruit of Israel's negotiations with its principal peace partners, Egypt, Jordan and the Palestinians.
BUSINESS
August 4, 1995 | JOHN-THOR DAHLBURG, TIME STAFF WRITER
In a decision that could have widespread consequences for U.S.-Indian trade ties, officials in Bombay on Thursday ordered a halt to the largest foreign investment venture in India, a $2.8-billion power plant project spearheaded by Enron Corp. of Houston. After reviewing the pioneering but controversial deal, the government of Maharashtra state ordered the immediate stop of construction on the first phase and the outright cancellation of the second phase of the wholly U.S. venture.
NEWS
February 13, 1997 | ROBERT L. JACKSON, TIMES STAFF WRITER
As the controversy over campaign donations continued to expand, former Commerce Secretary Mickey Kantor said Wednesday that there was no connection between firms giving large donations to the Democratic Party and their selection to join two overseas trade missions that he led last year.
NEWS
June 22, 1995 | JOHN-THOR DAHLBURG, TIMES STAFF WRITER
It was a business breakthrough akin to Ping-Pong diplomacy, a capitalist success as closely watched as the dishing up of the first Big Mac in Moscow. On the last day of February, after 18 months of arduous negotiations, two government reviews and nine court cases, a U.S. consortium led by Houston-based Enron Corp. closed the deal on the construction of a 2,015-megawatt power plant near here. The next day, earthmovers from Bechtel Corp.
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