Buy custom Enron & The Dabhol Power Company
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 681 |
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With the Indian government knee high in debt, it will be a great challenge to get payments even if these were contractually committed.
? To improve its chances of staying in DPC and in India as well, Enron should get a local partner who could help re-negotiate with the government by selling a part of its stake in the Dabhol project...
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From the beginning, while Enron refused a local partner and chose to directly deal with each level of government, it tried to maintain a neutral and distant position. However, with the deeply political agenda of parties criticizing the project, Dabhol may have been spared by not being viewed as a "purely foreign investment"...
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