Thaw in MSEB-DPC ice as chiefs meet secretly

  • 14/06/2001

  • Financial Express (New Delhi)

The Maharashtra State Electricity Board (MSEB) and Dabhol Power Company (DPC), which have entered into a legal battle, have initiated conciliatory efforts to find out an amicable solution to the raging imbroglio.As part of this exercise, a secret meeting was held between MSEB chairman Vinay Bansal and Enron India managing director K Wade Cline on Wednesday evening.The meeting assumes significance in the light of the Bombay High Court on Tuesday asking both the parties to explore the possibilities of arriving at an amicable settlement.