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Enron renegotiation panel announced

Our Bureau

MUMBAI, April 30

THE Government has announced the Dabhol project renegotiation committee. The persons on the panel include Mr Vinay Bansal, Chairman, Maharashtra State Electricity Board, Mr Sudhir Shrivastava, Secretary, Expenditure, and Mr Ashok Lavasa, Joint Secretary in the Economic Cell at the Centre, apart from all the members of the Godbole Committee.

The Energy Review Committee headed by Dr Madhav Godbole had Mr E.A.S Sarma, Mr Deepak Parekh, Mr Rajendra Pachauri, Mr V.M. Lal and Mr Kirit Parikh as members.

The new panel's terms of reference include restructuring of the project and tariff, finding out if any central power utilities or States would be willing to lift surplus power generated by DPC, and any other issue or aspect it (the panel) deems fit to in clude.

Meanwhile, sources said DPC has slowed down construction work at the project site. They said the company retrenched about 2,500 construction workers recently.

A company spokesman, however, said it is because of the project nearing completion and the workers were no more required. Such retrenchment has been going on for some time now. The company plans to bring the workforce down to 550 to 600 from the current strength of 13,000.