|
Financial Daily from THE HINDU group of publications Tuesday, July 03, 2001 |
||
|
|
||
|
AGRI-BUSINESS CORPORATE INDUSTRY LETTERS LOGISTICS MACRO ECONOMY MARKETS NEWS OPINION VARIETY INFO-TECH CATALYST INVESTMENT WORLD MONEY & BANKING |
News
| Next
| Prev
MSEB asked to prove confidentiality of Enron documents
Our Bureau
MUMBAI, July 2
THE Maharashtra Electricity Regulatory Commission (MERC) has given the State electricity board two weeks to prove the confidentiality of documents related to Enron's Dabhol power project, at the hearing of a petition filed by Prayas, a Pune-based non-gov
ernment organisation.
The commission has also asked MSEB to clarify its stand on MERC making the documents public.
Prayas had filed a petition asking for the status and copies of various power purchase agreements signed by the board with independent power producers, including Dabhol Power Company.
MSEB, in turn, had said that DPC had claimed contractual confidentiality over several documents which could not be made public. MERC had given the board four weeks to submit the relevant documents.
The commission has now given the board an additional two weeks to submit the documents and to prove how making them public would affect public interest or the company's working.
The ERC is expected to give a ruling on the plea in two weeks' time.
|
|
|
Comment on this article to BLFeedback@thehindu.co.in
Send this article to Friends by E-Mail
Next: Chennai wears a deserted look Prev: FIs, banks favour AES taking over DPC News Agri-Business | Corporate | Industry | Letters | Logistics | Macro Economy | Markets | News | Opinion | Variety | Info-Tech | Catalyst | Investment World | Money & Banking | Copyrights © 2001 The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line. |