Business Standard

Global Lenders Avoid Clash With Fis On Dabhol Issue

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BUSINESS STANDARD

The consortium of global lenders to the Dabhol Power Company (DPC) has decided not to permit the company to issue a final termination notice to the Maharashtra State Electricity Board (MSEB). At their recent meeting in London, international lenders chose to avoid a head-on collision with the Indian judiciary and the domestic institutions.

The decision could be the second positive move

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First Published: Dec 06 2001 | 12:00 AM IST

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