Don’t miss the latest developments in business and finance.

Dpc Suggests Split-Tariff Plan

Image
BUSINESS STANDARD
Last Updated : Jun 02 2001 | 12:00 AM IST

The Dabhol Power Company has proposed a split-tariff proposal to the Centre.

According to a senior government official, DPC has suggested Rs 3.50 per unit for the power generated in phase I to be billed to the Maharashtra State Electricity Board, and a slightly lower tariff of Rs 3.30 per unit for phase II, the offtake of which would be ensured by the Centre.

Enron India chief K Wade Cline made the proposal at the last meeting of the Godbole Committee, held on Tuesday.

More From This Section

The Central government nominee, AV Gokak, was present at the negotiating committee meeting for the first time.

Sources said Gokak

Also Read

First Published: Jun 02 2001 | 12:00 AM IST

Next Story