Enron offers Dabhol stake at cost

  • 07/12/2000

  • Business Standard (New Delhi)

Enron has offered to sell to the government the foreign equity stake in the Dabhol power project at cost, without any profit or return. Further, it is willing to accept part-payment in cash, and the rest in staggered installments over an unspecified period. However, this offer falls short of what the government seeks from Enron.