Since its conception nearly a decade ago, the Dabhol power project in the Indian state of Maharashtra has generated more problems than power. Dabhol and its main shareholder, Enron Corp, based in Texas, were accused of bribing Indian officials in order to get the project approved, and of tolerating police brutality to get it built, charges Enron says were dismissed by the courts. This week its sole customer, the Maharashtra State Electricity Board (MSEB), came close to default on 1.1 billion rupees ($23m) of bills owed to Dabhol since last October.
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