Enron Switches Signals In India
In 1992, Enron Corp. agreed to build a $3 billion power plant at Dabhol, in India's Maharashtra state. The facility was to be Enron's triumphant Indian debut. Not only would the plant, fueled by natural gas and naptha, bring electricity to India's industrial heartland, it also would position Enron as the foremost power company on the subcontinent. Enron spoke of spending a further $10 billion on Indian power generation.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- The U.S. Drops Out of the Top 10 in Innovation Ranking
- Musk's New Pay Deal Could Make Him the World's Richest Man—If Tesla Succeeds
- Here’s What Trump’s Tariffs on U.S. Imports Are Doing to Markets
- Bitcoin May Split 50 Times in 2018 as Forking Craze Mounts
- Trump's Tariffs on Solar Mark Biggest Blow to Renewables Yet