Enron-Dabhol Power Project: 22 years later the court closed the case for alleged corruption - watsupptoday.com
Enron-Dabhol Power Project: 22 years later the court closed the case for alleged corruption
Posted 11 Apr 2019 02:48 PM

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Agencies

In view of the delay in litigation in the case filed in connection with the alleged corruption related to the Enron-Dabhol power project, the Supreme Court closed it on Thursday. Many leaders and bureaucrats were accused in this case.

A bench of Chief Justice Ranjan Gogoi, Justice Deepak Gupta and Justice Sanjeev Khanna accepted the Maharashtra Government's plea for closure of the case. After signing the power purchase agreement with the Maharashtra State Electricity Board in 1993, the American company Enron and its subsidiary Dabhol Power Corporation had established a power project in Maharashtra at a cost of $ 3 billion in 1996.

The Supreme Court had accepted the petition of the Center for Indian Trade Union (CITU) challenging the order of the Bombay High Court to uphold the Power Purchase Agreement (PPA) in 1997 and in connection with the role of the government and its officials in signing The notice was issued to the Maharashtra State Electricity Board.

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