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Godbole to meet Enron representative on Friday

The Godbole committee, which has been empowered By the Maharashtra government to renegotiate the controversial power purchase agreement on its behalf with DPC, is slated to meet the US energy major Enron's representatives on Friday.

Talking to reporters after a cabinet meeting in Bombay, Maharashtra chief minister Vilasrao Deshmukh on Thursday said the views held by Enron promoted Dabhol Power Company on renegotiating PPA with MSEB would be conveyed to the state government by Godbole committee.

When his attention was drawn to the reported stand taken by DPC that its representatives would be attending the meeting convened by the Godbole committee as a 'mere courtesy' and there was no question of renegotiating the PPA, the chief minister said the official view held by Enron would be communicated to the government after the discussion.

The central government nominee could protect the interests of financial institutions like IDBI which has a stake of over Rs 65 billion in the project, Deshmukh said.

On the question of appointing a probe under Commission of Inquiries Act to fix responsibility for signing the PPA that was detrimental to Maharashtra's interests as demanded by the left parties in Democratic Front (DF) coalition, Deshmukh said the issue would be sorted out at the meeting of co-ordination committee of DF.

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History of Enron's Dabhol power plant: Reuters

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