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LENDERS TO INDIA'S STRICKEN DABHOL POWER CO TO MEET IN SINGAPORE.
MUMBAI, April 1 Asia Pulse - The high powered steering committee of Indian and foreign lenders to the beleagured Dabhol Power Company (DPC) will meet for two days in Singapore, beginning April 1, to discuss and sort out differences over the restructuring and restart of the US$3 billion power plant, which has been idle for 23 months.
"Though there is no fixed agenda, we will try to address the ABN Amro letter for exiting from the project, GE and Bechtel's study proposal, National Thermal Power Corporation's (NTPC) role in the restart and update on the legal issues", FI sources told PTI here Sunday.
They said the FIs, led by Industrial Development Bank of India Chairman P P Vora, would also seek the foreign lenders' views on the sale of DPC's assets.
"We know that our foreign counterparts are opposed to the sale ...
- FOREIGN INVESTORS DECIDE TO EXIT DABHOL POWER PROJECT (are seeking repayment of...
- News wire article from: Asia Africa Intelligence Wire March 17, 2003 700+ words
(From India Business Insight) Foreign lenders led by ABN AMRO Bank NV have decided to exit from Dabhol Power Company (DPC) and are seeking repayment of loans amounting to over $339 million. The banks have blamed the lack of progress...
- Phase 1 of Dabhol power project starts up.
- Magazine article from: The Oil and Gas Journal June 14, 1999 700+ words
India's watershed Dabhol power project has begun operations. The...Phase 2 construction phase at the Dabhol Power Co. plant. Phase 2 will more than...option. Electricity produced by Dabhol Power will be sold to MSEB under a 20...
- DABHOL POWER COMPANY COMPLETES ALL FINANCING OF FIRST PRIVATE POWER PROJECT...
- Press release article from: PR Newswire March 1, 1995 700+ words
...March 1 /PRNewswire/ -- Dabhol Power Company (DPC) announced...and Bank of America and ABN AMRO, $150 million. "We are...713-853-6285, for Dabhol Power Company/ (ENE) CO: Dabhol Power Company; Enron Development...
- OFF AGAIN? (foreign lenders oppose the sale of assets of the Dabhol Power...
- News wire article from: Asia Africa Intelligence Wire January 31, 2003 700+ words
...The Indian financers of the Dabhol Power Company have not been successful...by the foreign lenders of the Dabhol Power Company. The foreign lenders...of DPC, including CitiBank, ABN-Amro, Bank of America and ANZ Investment...
- Financing Complete, Construction Commences on Second Phase of Dabhol Power...
- Press release article from: PR Newswire May 6, 1999 700+ words
...1.87 billion second phase of the Dabhol Power project, located in the state of Maharashtra...497 million syndicated loan are SBI, ABN AMRO, Credit Suisse First Boston (CSFB...Nationale du Ducroire, Belgium (OND), and ABN AMRO is the agent for the commercial banks...
- KEY DEVELOPMENTS-DABHOL POWER PROJECT (six overseas lenders have begun the...
- News wire article from: Asia Africa Intelligence Wire November 30, 2003 700+ words
...From India Business Insight) Six overseas lenders to the Dabhol Power Project have begun the process of claiming over $171 million...Credit Lyonnaise, BNP Paribas, Credit Suisse First Boston and ABN Amro have served notices to various Ministries and departments...
- ENRON'S LENDERS BID FOR DABHOL (domestic lenders to the Dabhol power project...
- News wire article from: Asia Africa Intelligence Wire January 29, 2004 700+ words
...India Business Insight) Domestic lenders to Enron's stalled Dabhol power project have proposed to buy $600 million in foreign creditor...project. Indian banks are hopeful that foreign banks such as ABN-AMRO, Citibank Inc and Bank of America, who want to move out...
- Indian banks to inject over 500 million to restart Dabhol Power.
- News wire article from: Europe Intelligence Wire October 25, 2002 700+ words
...over 500 million dollars to restart Dabhol Power Co Ltd, the Indian unit of the collapsed...priority is to restart phase one of Dabhol Power Company's plant as money belonging...start-up" of the 2,184-megawatt Dabhol power facility in the western Indian state...
- DF Panel Meeting On Oct 11 Over Resuming Dabhol Power Purchase.
- News wire article from: Asia Africa Intelligence Wire October 8, 2002 700+ words
...take a decision on the resumption of Dabhol power at Rs 2.77. State government sources...tariff of Rs 2.86 for the offtake of Dabhol power at 83 per cent plant load factor on...MSEB have been quite keen to restart Dabhol power purchase, which it had suspended since...
- Dabhol power plant shut again.
- News wire article from: PTI - The Press Trust of India Ltd. August 17, 2007 700+ words
Dabhol power plant shut again New Delhi, Aug 17 (PTI) The Dabhol power plant in Maharashtra has been shut down after gas...Petroleum Corp (GSPC) to subsidise fuel cost of Dabhol power plant. Petronet LNG Ltd, which is importing 1...
Source: HighBeam Research, LENDERS TO INDIA'S STRICKEN DABHOL POWER CO TO MEET IN SINGAPORE.