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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?

To: Karen Lawrence who wrote (1067)	1/24/2002 2:32:49 AM
From: zonkie	Read Replies (1) \| Respond to of 5185

Did the Bush administration invite Sonia Gandhi to come here from India so they could talk to her on Enrons behalf regarding the power plant? It wouldn't surprise me. Things like that are easily denied though. _________________________ US visit very successful: Sonia PTI Washington, June 29 Congress President Sonia Gandhi on Friday described her US visit as "very successful", saying a wide range of issues such as the Indo-US relations and Dabhol Power Project were discussed. During her meetings with US Vice President Dick Cheney, National Security Adviser Condoleezza Rice and Deputy Secretary of State Richard Armitage discussions were aimed at strengthening bilateral relations, she said. Ms Gandhi said the issue of distressed Dabhol Power Project did come up during the talks, but did not elaborate. Former Finance Minister Manmohan Singh, who accompanied her on the visit, said, "We explained the special circumstances which have led to some problems in Dabhol Project." "First of all, the demand projections on which this project was conceived did not materialize," Singh said adding "there has been an exorbitant increase in the price of power because of the depreciation of the rupee and also because the feed stock prices have gone up tremendously". He pointed out that a committee has been appointed by the Maharashtra Government to resolve these questions through discussions. "It will be our effort to find an amicable and mutually satisfactory solution based on purely economic and business considerations," he said. hindustantimes.com