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OPIC ready to invoke 'Sovereign Guarantee'

Vol 7, PW 14 (24 Sep 03) People & Policy
 

Dabhol contractors General Electric and Bechtel are making headlines with their $1.2bn claim against the Indian government (see: NOTE) but there's a much bigger and as yet unreported controversy brewing that will overshadow this completely:...

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Related
  • Ownership of Dabhol will soon pass to Indian lenders (18 May 05)

  • Doubts emerge over future sale of Dabhol assets (01 Dec 04)

  • Details of how to buy the Dabhol Power Company (08 Sep 04)

  • Imminent elections bring Dabhol drama to standstill (24 Mar 04)

  • GE and Bechtel ready to sell Dabhol for $380m (14 Jan 04)

  • OPIC ready to invoke 'Sovereign Guarantee' (24 Sep 03)

  • Deepening the divide with Dabhol's Indian lenders (12 Mar 03)

  • Bidders object to 'Performance Guarantee' (08 May 02)

  • Dabhol crisis will force reform of SEBs (14 Feb 01)

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