Offshore lenders to the Dabhol Power Company (DPC) on Wednesday gave the go ahead to the Enron-promoted company to serve an asset transfer notice to the Maharashtra State Electricity Board (MSEB). This marks the beginning of the last phase of the DPC imbroglio which is expected to culminate with the serving of the final termination notice around mid-November.
The serving of DPC will be followed by a valuation of DPC