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BUSINESS
September 1, 1995 | Times Staff and Wire Reports
Firm Tries to Save India Power Plant: Enron Corp. told the government in India's Maharashtra state that it is prepared to renegotiate terms of a scrapped $2.8-billion power plant deal, including capital costs and power tariffs. The Houston-based natural gas and power company said its top official in India, Rebecca Mark, had delivered a letter to state officials listing areas in which the company is willing to make changes. Dabhol Power Co.
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BUSINESS
September 1, 1995 | Times Staff and Wire Reports
Firm Tries to Save India Power Plant: Enron Corp. told the government in India's Maharashtra state that it is prepared to renegotiate terms of a scrapped $2.8-billion power plant deal, including capital costs and power tariffs. The Houston-based natural gas and power company said its top official in India, Rebecca Mark, had delivered a letter to state officials listing areas in which the company is willing to make changes. Dabhol Power Co.
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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.
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.
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
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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