All cases on Dabhol settled: Bhardwaj

The government today said "all cases" relating to the beleaguered Dabhol Power Company (DPC) have been settled, and electricity generation from the 2,184 MW  gas-based plant will begin by July next year.

"We have settled all cases relating to the project out of court," law minister H R Bhardwaj said today.

The centre's assertion came days before the July 18 date set at the London arbitration panel to hear the cases filed by US promoters - GE and Bechtel - to DPC.

The two companies had filed arbitration claims worth over $6 billion (over Rs 25,000 crore) at the London panel for breach of investment protection pacts.

Following agreements with Maharashtra as well the union government both US companies have decided to drop cases.