Enron to pull out of OFC JV with MSEB

  • 22/02/2001

  • Economic Times (New Delhi)

Enron India today decided to pull out off the optic fibre cable (OFC) joint venture with Maharashtra State Electricity Board (MSEB). A long delay of over eight months, and lack of a conducive regulatory framework has forced the global energy major to pull out from the project, according to Enron officials.