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Enron Mail |
FYI. This could be quite important for us. Through forming a tradinf co. we
could be brokering deals on behalf of MSEB, without letting them off the hook. In this manner we could be doing short term deals and increasing despatch from Dabhol or other MSEB marginal units. Any money flowing from these sales should go into an escrow account that goes directly towards payment of DPC bills. In this manner we would be increasing the payment ability of MSEB. Regards, Sandeep. ---------------------- Forwarded by Sandeep Kohli/ENRON_DEVELOPMENT on 01/29/2001 08:45 PM --------------------------- K Seethayya 01/29/2001 03:49 PM To: Wade Cline/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Neil McGregor/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Jane Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sandeep Kohli/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mohan Gurunath/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ashok Mehta/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Power Trading Wade: The Group of Ministers on Foreign Investment had decided to recommend foreign equity participation upto 100% for trading in power sector, subject to prevailing laws. However, they left the final decision to the Union Cabinet. It is understood that a note supporting the recommendation of GoM is being put up for consideration of Union Cabinet. Since Power Minister is willing to support the proposal and Industry Minister is already OK with such proposals, I don't anticipate any problem at the Cabinet level. Let us wait and watch the developments. Seethayya
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