in 
transmission and distribution would generate enough money to pay for Dabhol's 
electricity. 
A state government-appointed committee agreed and this month called for 
reform of the state power utility that defaulted on its payments to Enron. 
But the five-member panel also insisted on lower tariffs and urged 
renegotiating the price agreement. 
Enron chief executive Jeffrey Skilling likened the India situation to the 
power woes being felt in California. 
"The utility offers a fixed rate to their customers and the wholesale costs 
of electricity have gone up like they have in the U.S.," he said from Enron 
headquarters in Houston. "The distribution company is having a liquidity 
squeeze identical to what you have with (Pacific Gas & Electric)." 
Meanwhile at Dabhol, managers are moving to the next phase, trainingworkers 
to man tug boats to guide that first LNG tanker into port.


Enron Offl Given Authority To End India Pwr Proj -Report

04/27/2001
Dow Jones International News
(Copyright (c) 2001, Dow Jones & Company, Inc.)

BOMBAY (AP)--A top official of U.S. energy giant Enron Corp. (ENE) was 
authorized to issue a termination notice to pull out of a controversial power 
project in western India, the largest foreign investment in the country, a 
newspaper reported Friday. 
The board of the Dabhol Power Company, the Indian subsidiary of Enron, met in 
London on Wednesday and authorized the company's managing director to issue a 
preliminary notice to terminate the project, billed as the world's largest 
natural gas fired power plant, The Times of India reported.
"The board has given powers to the management to issue the