The asset-backed financing deal will support acquisitions by the natural-gas producer.

Dabhol Power Company (DPC) of now a bankrupt US energy giant Enron, was formed for setting up a power plant in Maharashtra. Construction started in 1992, and the first phase of 740 MW ...

Dabhol Power Company (DPC) of now a bankrupt US energy giant Enron, was formed for setting up a power plant in Maharashtra. Construction started in 1992, and the first phase of 740 MW (Naphtha ...

Maharashtra had stopped drawing power from the project when Devendra Fadnavis was Chief Minister owing to a disagreement over the company’s tariff. Thereafter, RGPPL had entered into a pact with ...

With its sole customer refusing to pay dues, promoters withdrawing staff and banks set to call it a loan gone bad, the future seems bleak for the Dabhol power station. Photo: AFP Mumbai: Short of ...

Supreme Court revives Enron-Dabhol project case. THE ASIAN AGE. | J VENKATESAN. Published : Feb 15, 2019, 2:18 am IST Updated : Feb 15, 2019, 2:18 am IST The ...

Dabhol Power Company (DPC), now known as Ratnagiri Gas and Power Pvt Ltd, a joint venture of NTPC Limited, GAIL and Government of Maharashtra was established in 2005 to take over and revive the ...

The company is groaning in a debt burden of Rs 8000 crore and this retrospective waiver is likely to ease the burden on the company, said a senior official in the chief minister's office.

The Dabhol power plant is producing 290 MW power initially, which will be sold to the Indian Railways. The electricity generation will be further scaled up in the coming months.

Dabhol power plant is a lesson on what to avoid while setting up large infrastructure projects. IMAGE: Dabhol plant has been in the custody of state-owned NTPC and GAIL. ... Implosion of the company.

Naphtha-based power generation at Rs 4.67 a unit (kw/hour) proved too expensive for the state to buy when Dabhol Power Company commissioned the block.