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Enron-Dabhol power project: Supreme Court closes case of alleged corruption

The $ 3 billion mega power project was set up in Maharashtra by US-based Enron and its associates Dabhol Power Corporation in 1996

Press Trust of India  |  New Delhi 

Gujarat apart, no other state has yet agreed to the revised rates as suggested by the high-powered committee
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The Thursday closed the case of alleged involving politicians, bureaucrats and corporates in the Enron-power project, taking note of the inordinate delay in the case that was filed in 1997.

A bench comprising and Justices and allowed the plea of government to close the case.

The $ 3 billion mega power project was set up in by US-based and its associates Power Corporation in 1996 after signing of Power Purchase Agreement (PPA) with State Electricity Board (MSEB) in 1993.

The apex Court had in 1997 admitted the petition of the Centre for (CITU) challenging a order upholding the Power Purchase Agreement (PPA) and issued notice to MSEB on the role of government and its officials in the signing of the PPA.

First Published: Thu, April 11 2019. 11:25 IST