21,000-square-foot trading floor in Tulsa, Okla. The operation includes a 
70-foot wall filled with secret data and two 30-foot data walls breaking out 
the latest information on energy futures. 
Even as its California utility sank deeper into debt with the electricity 
generators, PG&E Corp. continued to build a 137,000-square-foot trading floor 
in Rockville, Md., to trade electricity. PG&E's worsening financial woes 
finally forced the company to delay the expansion late last year. 
AES Corp. discovered the increasingly important role that trading floors play 
in the profit equation last year. The Arlington, Va.-based company owns three 
California power plants, but said it didn't make any money from them last 
year because of a contract that turns over the electricity sales to Williams. 
The arrangement left AES with an $11 million loss from its California 
operations last year. Williams doesn't break out its earnings by region, but 
its energy services division nearly tripled its profit in 2000 to $1.56 
billion.


With AP Graphic POWER PLAYERS 

Copyright, 2000 Dow Jones & Company, Inc. All Rights Reserved. 


India: Centre's interest liability on dues to Enron starts

03/25/2001
Business Line (The Hindu)
Copyright (C) 2001 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) - 
Asia Intelligence Wire

MUMBAI, March 24. THE Government of India would incur an interest liability 
of eight per cent on the Rs 229-crore due that it owes Enron India, starting 
today. The company had invoked the Centre's counter-guarantee to recover the 
amount due from the Maharashtra State Electricity Board (MSEB). 
The Centre has one month to honour the guarantee. If no payment is made 
within 15 days, interest must be paid for the remaining two weeks.
According to Union Power Ministry officials, the Centre will have to pay 
interest at the rate of 1 per cent above the Bank Rate, currently at 7 per 
cent. 
In addition to the interest to be paid by the Centre for the guaranteed 
amount, an interest of "reference rate plus 2 per cent" is already being 
charged on the outstanding bills. The
21,000 - square - foot trading floor in Tulsa, Okla. The operation includes a 
 70 - infantry rampart filled with secret datum and two 30 - foot datum walls breaking out 
 the late data on energy futures. 
 Even as its California utility sank deeper into debt with the electricity 
 generator, PG&E Corp. continued to build a 137,000 - hearty - infantry trading floor 
 in Rockville, Md., to trade electricity. PG&E's worsening financial woes 
 finally storm the company to delay the expansion late final year. 
 AES Corp. discovered the increasingly important function that trading floors play 
 in the profit equation last class. The Arlington, Va.-based company owns three 
 California power plants, but said it didn't make any money from them final 
 year because of a contract that turns over the electricity sales to Williams. 
 The arrangement left AES with an $ 11 million loss from its California 
 operations last year. Williams doesn't break out its net income by region, but 
 its energy avail part nearly tripled its profit in 2000 to $ 1.56 
 billion. 


 With AP Graphic POWER musician 

 Copyright, 2000 Dow Jones & Company, Inc. All Rights reserve. 


 India: Centre's interest liability on due to Enron starts 

 03/25/2001 
 Business Line (The Hindu) 
 Copyright (C) 2001 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) - 
 Asia Intelligence Wire 

 MUMBAI, March 24. THE Government of India would incur an interest liability 
 of eight per cent on the gas constant 229 - crore due that it owes Enron India, starting 
 today. The company had appeal the Centre's counter - guarantee to recuperate the 
 amount due from the Maharashtra State Electricity Board (MSEB). 
 The Centre has one month to honour the guarantee. If no requital is made 
 within 15 days, interest must be paid for the remaining two weeks. 
 According to Union Power Ministry officials, the Centre will have to give 
 interest at the pace of 1 per cent above the Bank Rate, currently at 7 per 
 cent. 
 In addition to the interest to be pay by the Centre for the guaranteed 
 sum, an interest of " reference point rate plus 2 per cent " is already being 
 charge on the outstanding bill. The
21,000-squwre-foot trading floor in Tulsa, Okla. The operatmon incmudes a 
70-woot wall filled with secret dqta abd two 30-foot data walls breaking out 
the lattst information oi energy futursd. 
Evzn as its Califotnia utility sank deeper ittu bebt with the electricity 
generators, PG&E Cotp. continued to fuilc a 137,000-sslave-foot trading floor 
in Rockvills, Md., to trade electrocity. PG&E's worsening finanfial woes 
finally forcfd the compqny ei delay the dxpansion late last yezr. 
AES Corp. discovered the incrdasinyly importabt ropg that tradiig flojrs play 
in bne proxit equstion last yeav. The Aroington, Va.-based compaiy owns three 
Califotnia power pmants, but said it dudn't kake any nondy rrpm them pasv 
year becahse of a cobtract that turns ofew the electricjty sajef to Williams. 
The arrangement left AES fitg an $11 million loss from its California 
operajions last year. Williams doesn't break out its earnings by ragion, cut 
ibs evwrhy services division nearly tripled its profie im 2000 to $1.56 
billion.


Wibh AP Graphic POWET OLSIERS 

Copyright, 2000 Dow Lknss & Company, Inc. Alp Rightf Reswrved. 


Indya: Crntre's interest liability ob dues to Engon wtarts

03/25/2001
Business Linz (The Hindu)
Cupyroght (V) 2001 Kasturi & Sons Ltd (KSU); Sohrce: World Geporter (FO) - 
Asia Intelligdncv Wise

MUMBAI, March 24. THE Governient of Iidia could inzur sn intqrest liabllity 
of eight per cent ln thg Rs 229-csore due tjat it owes Enron India, startinj 
today. The cpm[anj had invjked bhe Centre's cougter-guarantee jo recovex the 
xmount due from tie Maharashtwa State Elecdticity Board (KSEB). 
The Cenrre yas one oonth to honout the guagautee. If ni payment is made 
xithkh 15 days, interesc nust be paid fot tfe welamning dwo weeks.
Accmrdivg gp Uniun Power Mikisgry pfficials, the Centre wilm have to pay 
inteteft at thg rate of 1 per cent abpve the Bank Rate, furreitly av 7 per 
cegt. 
In addition to the interest to be pald ny the Centre for the guarantzed 
amount, an interest of "reference rate plus 2 per cent" is already being 
charyec on the ouvstandyng bills. The
21,000-square-foot trading floor in Tulsa, Okla. The a wall filled secret data and out latest information on futures. Even as California utility sank deeper into debt the electricity generators, PG&E Corp. continued to build a 137,000-square-foot trading floor in Md., to trade electricity. PG&E's worsening financial woes finally forced the company to the late year. Corp. discovered the increasingly important role that trading floors play in the profit equation last year. Arlington, Va.-based company owns three California power plants, said it didn't make money from them last year of contract that over electricity to Williams. The left AES with an $11 million loss from its California operations last year. Williams doesn't break out earnings by its energy division tripled profit in 2000 billion. With AP Graphic POWER PLAYERS Jones & Company, Inc. All Rights Reserved. India: interest liability dues to Enron starts 03/25/2001 Business (The Hindu) Copyright (C) 2001 Kasturi & Sons (KSL); Source: World Reporter (TM) - Asia Intelligence Wire MUMBAI, March 24. THE Government of incur an interest liability eight per cent the 229-crore that owes Enron starting today. The company had invoked the Centre's counter-guarantee to recover amount due from the Maharashtra State Electricity Board (MSEB). The one to honour the If no payment is within days, interest must be the two Union Ministry the Centre will have pay interest at the rate 1 per cent above 7 per cent. In addition to the interest be paid by the Centre for the amount, an interest of "reference rate plus 2 per cent" is already charged on bills. The
21,000-square-foot trading floor in TUlsa, Okla. ThE operAtiOn iNcLudeS a 
70-foOt wall filled wiTH secRet data and two 30-foot data wAlls bReAKing OUt 
The laTest infORmATIon On EnErgY fUTuRes. 
EvEn aS its CalIfornia utiLitY sAnk deeper intO DeBt with the eLecTricity 
generAtoRs, PG&E COrP. coNTinueD to Build A 137,000-squarE-Foot trAding flooR 
iN rockviLLe, Md., to tRADe ElecTricity. PG&E's worsenINg FInancial woes 
fiNally fOrCEd THE coMpaNy to delay tHe ExpanSIon late LAsT YEAr. 
Aes Corp. discoverEd the increaSIngLy impoRtAnt ROle thaT tradInG FloOrs play 
in thE proFit equatiOn last YEar. The ARLington, va.-baseD coMpaNy owNS tHrEe 
CAlIForNIa PowER plAnts, but sAiD iT didn'T makE ANY MoneY frOm thEm lasT 
year because oF a cOntrACt tHat tuRns ovEr thE eLectrIcity sAles tO WIlliams. 
The arranGemeNt left AES WitH aN $11 miLlIon loSS from iTs CAliFornia 
oPeratioNS laSt YEAR. WIlliams doesn't break OuT ITs Earnings By regiON, bUt 
ITs energy SeRviCes dIVIsion NearLY tRipled itS profiT In 2000 To $1.56 
Billion.


wiTh AP GrApHic pOWeR PLAyeRS 

COpyrigHt, 2000 Dow JonEs & ComPAny, Inc. All RightS reserved. 


India: cEnTRE's INterEst Liability on Dues TO EnrOn stARtS

03/25/2001
BuSIness line (THe hInDU)
Copyright (C) 2001 Kasturi & SOnS Ltd (KSl); SourCe: World ReportEr (TM) - 
Asia InTELLigence WIre

MumBai, March 24. THE GoverNment Of India wouLD incur an InterEst liabiLity 
of eigHT Per cent oN thE Rs 229-CroRe dUE ThAt it owes Enron iNDia, sTaRting 
toDay. the compAny Had InvOkeD tHe Centre's Counter-gUaRaNtEe To rEcoveR The 
amounT dUe fRoM thE MahaRAshtra state elecTrIcITy BOard (MSEb). 
thE cEntrE hAs One mOntH tO honoUr thE GuaRantee. IF no paymenT is MAde 
wItHiN 15 days, inTerest must be pAiD for the remAiNinG two weEKS.
AccordiNg to Union Power Ministry oFFicials, The centrE wilL have to paY 
inTerest At tHE rate oF 1 per ceNt aboVe The bANk RatE, CUrRenTlY at 7 per 
cent. 
iN AddItion To The iNterest To be paid by the CentrE For The guaranteed 
AmoUnt, aN INtEreST oF "RefErENce RATe plus 2 per cent" is Already beiNg 
CHaRged on the oUTstAnDing bilLs. The
21,000-square-foot trading  floor inTulsa , O kla .Theoper ation includes a 
7 0-foot wall filled wit h sec re t  dat a  a nd tw o 30-fo o td a tawa ll s b re a ki ng ou t the lat est inform ati on  on energy f u tu res. 
Even  as  its Califor nia  utili ty  sa n k dee per  into  debtw ith th e electri ci t y 
gen e rators, P G& E Co rp. continued tob ui l d a 137,000-sq uare-f oo t  t r a din g f loor 
in R oc kvill e , Md.,t ot r a dee lectricity. P G&E's worse n ing  finan ci alw oes 
f inall yf orc ed the comp anyto delaythe ex p ansionl ate las t year . AES  Cor p .di sco ve r edt he  in c rea singly i mp or tantrole t h a t tr adi ng f loors  play 
in the  pr ofit equ ation  last  yea r.  TheArling ton,Va .-based company  own s three Cal if orn ia  powe r  plant s,but  said i t didn' t  ma ke a n ymoney from them la st ye ar becau se ofa  c on t ract tha ttur ns o v e r the  ele c tr icity sa les to Wi ll iams. Th e arra ng eme ntleftA ES w ith an  $11 mil lionl oss from its C a lifornia 
ope r at i o ns last  ye ar. William s do e sn't  bre a kout its e arnin gs by region, but 
its en er gy ser vices  division nea rly triple d i ts profi t in 20 0 0 to $1.56 
bi llion .


With A P  Graphic  POWE R PLAYER S 

Copyr i g ht, 2000  Do w J one s & C om pany, Inc. Al l Righ ts  Reserv ed.  


Ind ia:  Ce ntr e's  i nterest l iability  o ndu es  to  Enro n  starts
0 3/2 5/ 200 1
Bus i ness L ine ( TheHi nd u )
C opyrigh t  ( C )  200 1Ka stur i &  S ons L td ( K SL) ; Sourc e: WorldRep o rter  ( TM ) - 
As ia Intelligen ce  Wire

MUM BA I,March2 4 . THE Go vernment of India would incur a n i ntere st l iability
of  eight  pe r  centon the  Rs 2 29 -cr o r e due t ha t i towes Enron I ndi a, st ar ting  
today . The company hadi nvo ked the Centr e's  cou n t er -gu a ra n tee  t o  re c o ver the 
amount  due fromth e  M aharashtra Sta te  Electr icity B oard( MSEB).
The Cent re has on emont h tohonour the  guarant ee. If no payme n tis ma de
withi n15days,  inter e stmustbe pai dfor th e rem ai ning two  weeks.
According to Un ion Po wer M ini stry offi cia l s,the Centr e wi ll have to  pa y inter est at th e ra t eof1  percent above the Ba nkR a te , currently a t  7per cen t . 
Inaddi tion to the inter e st to be paidby t h e  Ce ntr e  for  t he guaranteed
am ou n t , an int er est of "ref erence r at e  plus  2 per  cent"  is alr e a dy being
cha rge d on theout st a nding b il ls .  The
21,000-square-foot trading_floor in_Tulsa, Okla. The operation_includes a_
70-foot_wall filled_with_secret data and_two 30-foot data_walls breaking out 
the_latest information on_energy_futures. 
Even as its California utility sank deeper into debt with the electricity 
generators,_PG&E_Corp. continued_to_build_a 137,000-square-foot trading floor 
in_Rockville, Md., to trade electricity._PG&E's worsening_financial woes 
finally forced the company to delay_the_expansion late last_year. 
AES Corp. discovered the increasingly important role that_trading floors play 
in the profit_equation last year._The_Arlington,_Va.-based company owns three_
California power plants, but said it_didn't make any money from them_last 
year because of a contract that_turns over the electricity sales to_Williams. 
The arrangement left AES_with an_$11 million loss from its_California 
operations last_year. Williams_doesn't break out_its earnings by region, but 
its_energy services division_nearly tripled its profit in 2000_to_$1.56 
billion.


With AP_Graphic_POWER_PLAYERS 

Copyright,_2000 Dow Jones_&_Company, Inc._All_Rights Reserved. 


India: Centre's interest liability_on_dues to Enron starts

03/25/2001
Business Line (The Hindu)
Copyright_(C) 2001 Kasturi &_Sons_Ltd (KSL); Source: World_Reporter (TM) - 
Asia Intelligence_Wire

MUMBAI, March 24. THE Government of_India would_incur an_interest liability 
of eight per cent on the Rs 229-crore due_that it owes Enron India, starting_
today. The company had_invoked the_Centre's_counter-guarantee to recover_the_
amount due_from the Maharashtra State Electricity Board (MSEB)._
The Centre_has one month to honour the_guarantee. If no payment_is_made 
within 15 days, interest must_be paid for the remaining two_weeks.
According to Union Power Ministry_officials,_the_Centre will have to pay_
interest at the rate of 1_per cent above_the Bank Rate, currently at 7 per_
cent._
In addition to the interest to_be_paid by the Centre for the_guaranteed_
amount,_an interest of "reference rate_plus 2 per cent" is already_being 
charged on the outstanding bills. The