IOC puts on hold Enron plans
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17/04/2001
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Financial Express (New Delhi)
The Indian Oil Corporation (IOC) has put on hold all its investment plans with Enron India Limited. Under the MoU signed between the two companies, about six months back, IOC had agreed to collaborate with Enron in a host of important areas including LNG, liquid fuels, international trading of petroleum products, information technology besides the utilisation of infrastructure facilities developed by Enron for Dabhol Power Company.