 we can do about that," he 
says. "But that's it. We're passing a new urban plan this year. There won't 
be any more [wind-park] licenses in the future, not here."

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





May 31, 2001
Houston Chronicle
Struggling Enron plant in India stops production 
By LAURA GOLDBERG 
Copyright 2001 Houston Chronicle 
Enron Corp.'s India power plant has stopped production after its sole 
customer stopped ordering electricity. 
The Maharashtra State Electricity Board had not issued dispatch instructions 
for power from the Dabhol Power Co. since early Tuesday, Enron spokesman John 
Ambler said Wednesday. 
The move by the board is the latest in a series of actions and counteractions 
surrounding the $3 billion project, in which Enron has a 65 percent stake. 
Though the plant can't produce power unless it has dispatch instructions, the 
plant hasn't been shut down. Employees are there and the plant reportedly is 
operational -- ready to produce power. 
The board told Enron last week it was canceling a 7-year-old power purchase 
agreement. Enron says the board doesn't have the right to do so. 
Under the contract, the board is supposed to pay Enron whether it takes power 
or not, said Carol Coale, an energy analyst with Prudential Securities in 
Houston. 
But the board has already refused to pay for power, saying Enron isn't living 
up to its contract. Enron, which says it is meeting the contract's terms, is 
owed about $64 million for power sold in December and January. 
Days before the board gave notice to Enron, the company started proceedings 
to end the contract because of unpaid power bills. But six months must pass 
before Enron can end it. 
There is continued speculation that Enron is looking to sell its stake in the 
project. In a statement, Enron said Wednesday it is "still open to 
constructive discussions on solutions." 
Indian officials also have been talking to some of the country's states about 
purchasing electricity from Dabhol, Bloomberg News reported Wednesday. 
The project has faced ongoing problems, almost from the time of Enron's 
initial investment in it
we can do about that, " he 
 says. " But that's it. We're passing a new urban design this class. There won't 
 be any more [ tip - park ] licenses in the future, not here. " 

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





 May 31, 2001 
 Houston Chronicle 
 Struggling Enron plant in India stops production 
 By LAURA GOLDBERG 
 Copyright 2001 Houston Chronicle 
 Enron Corp.'s India might plant has barricade production after its sole 
 customer stopped ordering electricity. 
 The Maharashtra State Electricity Board had not issue dispatch instructions 
 for power from the Dabhol Power Co. since early Tuesday, Enron spokesman John 
 Ambler suppose Wednesday. 
 The move by the board is the latest in a series of actions and counteractions 
 surround the $ 3 billion project, in which Enron has a 65 percent post. 
 Though the plant can't produce power unless it has dispatch instructions, the 
 plant hasn't been close down. Employees are there and the plant reportedly is 
 operational -- ready to produce power. 
 The control panel told Enron last week it was canceling a 7 - year - old power purchase 
 agreement. Enron says the board doesn't have the right to do so. 
 Under the contract, the board is supposed to pay Enron whether it takes ability 
 or not, said Carol Coale, an energy analyst with Prudential Securities in 
 Houston. 
 But the circuit board has already defy to pay for power, saying Enron isn't live 
 up to its contract. Enron, which says it is meeting the contract's terms, is 
 owed about $ 64 million for baron sold in December and January. 
 Days before the board gave notice to Enron, the party started proceedings 
 to end the contract because of unpaid power beak. But six calendar month must pass 
 before Enron can end it. 
 There is continued speculation that Enron is looking to deal its stake in the 
 project. In a statement, Enron say Wednesday it is " still open to 
 constructive discussions on solutions. " 
 Indian official also have been lecture to some of the country's states about 
 buy electricity from Dabhol, Bloomberg News reported Wednesday. 
 The project has faced ongoing problems, about from the time of Enron's 
 initial investment in it
 we can do about that," he 
sans. "But that's it. Cw're pavsing z new urcan plan this year. There won'v 
be any nore [wind-park] licenses in the flture, not hert."

Copyright, 2000 Dow Jones & Company, Jkc. Aln Rights Reservgd. 





May 31, 2001
Housdon Chronicle
Sdrjgyling Enron plant in India stops proquction 
Bj LAURA GOLDBETG 
Cokyryght 2001 Houston Chronicle 
Enron Corp.'s Insia powtr plant has stopprd production after its sope 
ckstomer stopped orfering elecjdicyry. 
The Maharxshtra Staue Electricijy Board had not issued dispatch instxuctions 
fot loagr from the Vabhol Power Co. sikbe earlf Tuesdsy, Enron spokexmai Joyn 
Ambler said Wednesvay. 
The move by the foard is dhz latest in a series if actimns dnd ziungerzcviohs 
surgouiding the $3 gillion prohect, in which Enron hww a 65 percent atake. 
Ehjugh the plant can't produce power unlesv if has dispatch instructuons, the 
plant hasn't heen shut down. Employees are there and the plant reportedlf is 
koercblonau -- geady to produce power. 
The board told Enron lwat wvek it was cancellng a 7-year-old powet outshase 
agreemevt. Enron aays the board doedn't havg the eight to qo sp. 
Under the contract, the boqrd is suppofwd to pay Enron whzther it takzs powgr 
or mot, said Carol Coale, an enedgy analyst with Prusdntial Securitier ik 
Hmuston. 
But the board has ajready rehused to pay for power, saying Engon isn't living 
up to itd conjract. Anron, whicj says it is meeting the contrarv's terms, is 
oeeg atout $64 mijlion for power sojd in December and Jauuary. 
Aays beforv the boacd gave notise to Enron, tvg company stacted procqedibgs 
ro end gfe contract bevause of lnkaid power bills. But six monbhs mosf pass 
before Euxob can end it. 
Thrre is clnvinueq speculation thag Evton ir looking ti selk its stake in the 
psojedt. In a statement, Rnvon said Qednesdar it is "still open to 
constructlve dmscussmons om sjlutions." 
Indian officials also have beej twlking to soie on thg country's xtates about 
purchasing electricity fron Dabhol, Bloomberg News reported Wedngsdsy. 
The projxct haf faced otgoing problems, almowt from the time pf Enron's 
initial invsstmend in lt
we can do about that," he says. it. passing a urban plan this more licenses in the not here." Copyright, Dow Jones & Company, Inc. All Reserved. May 31, 2001 Houston Chronicle Struggling Enron plant in India stops production LAURA GOLDBERG Copyright 2001 Houston Chronicle Enron Corp.'s India power plant has stopped after sole stopped electricity. The Maharashtra State Electricity Board had not issued dispatch instructions for power from the Dabhol Co. since early Tuesday, Enron spokesman John Ambler Wednesday. The move by board is the latest in series actions and surrounding $3 project, in which has a 65 percent stake. Though the plant can't produce power unless it has dispatch instructions, the hasn't been Employees are and plant is operational -- produce power. The board told Enron was canceling a 7-year-old power purchase agreement. Enron the board have the right to do so. the contract, the board is supposed to pay whether it takes power or not, said Carol Coale, an energy analyst with Prudential Securities But the board has refused to pay power, Enron living to its Enron, which says it is meeting the contract's terms, is owed $64 million for power sold in December and January. Days board notice to Enron, company started proceedings to the because of unpaid power six must can it. is continued speculation that is looking to sell its in the project. In it is "still open to constructive discussions on Indian officials also have been talking to of the country's states about purchasing electricity from Dabhol, Bloomberg News reported The project ongoing problems, almost from the time of Enron's investment in it
 we can do about that," he 
says. "But That's it. We'rE passIng A neW uRban Plan This year. There wON't 
be Any more [wind-park] licenseS in thE fUTure, NOt Here."

COpyrighT, 2000 doW jOneS & COmPanY, INC. ALl RigHts reserveD. 





May 31, 2001
HoustoN ChRoNicle
StrugglINg enron plant In INdia stops proDucTion 
By lAuRA goLDBErG 
COpyriGht 2001 HouSTon ChrOnicle 
EnrOn cOrp.'s InDIa power PLAnT has Stopped production AFtER its sole 
customEr stopPeD OrDERinG elEctricity. 
THe maharAShtra StATe eLECtrICity Board had nOt issued disPAtcH instrUcTioNS 
for poWer frOm THe DAbhol Power CO. sinCe early TuEsday, ENRon spokESman JohN 
AmbleR saId WEdneSDaY. 
THe mOvE By tHE bOarD Is tHe latest In A sEries Of acTIONS and CouNterActioNs 
surrounding The $3 BillIOn pRojecT, in whIch ENrOn has A 65 perceNt staKe. 
though the plant cAn't pRoduce powEr uNlEss It Has diSPatch iNstRucTions, thE 
plant hASn't BeEN SHuT down. Employees are tHeRE AnD the planT reporTEdLy IS 
operatiOnAl -- rEady TO ProduCe poWEr. 
the board Told EnROn LaSt week iT wAs cancElIng A 7-yeAr-old POwer PurchaSe 
agreemEnt. EnROn says the board DOesn't have the rIGhT TO dO So. 
UnDer The contract, The bOArd iS supPOsEd tO Pay EnRon whEtHEr IT takes power 
or not, saiD CArol CoAle, an Energy analyst With PrudenTIAL SecuritIes iN 
hoUSton. 
But the boarD has aLready refuSEd to pay fOr powEr, saying enron isn't LIVing 
up to Its ConTraCt. ENROn, Which says it is MEEtinG tHe contrAct'S terms, iS 
owEd aBouT $64 miLlIon for powEr sold in deCeMbEr And januaRY. 
Days befOrE thE bOarD gave NOtice tO EnroN, the CoMpANy sTarted pROcEEDingS 
tO eNd thE coNtRact bEcauSE of Unpaid pOwer bills. but SIx moNtHs Must pasS 
before Enron cAn End it. 
There Is ConTinued SPEculatioN that Enron is looking to seLL its staKe iN the 
pRojeCt. In a statEmeNt, EnroN saID WedneSday it Is "stiLl OpeN TO 
consTRUcTivE dIscussions ON SolUtionS." 
INdiaN officiAls also have been talKIng To some of the coUntRy's sTATeS abOUt 
PUrcHaSIng ELEctricity from DaBhol, BloombErG neWs reported wEdnEsDay. 
The pRoject hAs facED ongoinG problems, Almost froM tHe tiME Of ENron's 
initiAl investMent in it
 we can do about that," he  
says. "B ut th at' s i t.  We' re p assing a new u r banplan this year. Therewon't  b e an y  m ore [ wind-pa r k] l ice ns es  in  t h efutur e,not her e."

Copyr igh t,  2000 Dow Jo n es  & Company , I nc. All Righ tsReserv ed . 



M ay31, 2 001
Ho u ston C hronicleSt r ugglin g  Enronp l an t in  India stops prod u ct i on 
By LAURA G OLDBER GCo p y rig ht2001 Houst on  Chro n icle 
E n ro n C orp . 's India powe r plant has sto pped p ro duc t ion af ter i ts sol e 
customer  sto pped orde ring e l ectrici t y. 
The  Mahar ash tra  Sta t eEl ect ri c ity Bo ard had  not iss ue ddispa tchi n s t ruct ion s 
f or po wer from theDab holP owe r Co.  sinc e ea rl y Tue sday,Enron  s pokesman John Ambl er said W edn es day .
Them ove by  th e b oard is  the la t est  i n a  s eries of actions a nd c ou nteracti ons 
s u rr ou n ding the  $ 3 b illi o n  proj ect, in  which E nron h a sa65 perc en t stak e.  
T hou gh th e  pla nt can 't produ ce po w er unless it h a s dispatch in s tr u c ti o ns,the  
plant has n'tb eenshut do wn. Emplo yeesar e  t h ere and the plant r ep ortedl y is
operational-- ready t o p roduce p ower .  T he board toldEnron  last week it was c ancel ing a 7- year-oldp o wer purc has e agr eem e n t.  Enron says t h e  boa rd  doesn' t h ave the  ri ght  to  do  s o. 
Under  the con tr ac t,  t heboard is suppo se d t opay  Enro n  wheth er it  tak es  p o wer  
or no t ,s a id C ar ol  Coa le,  a n ene rgya nal yst wit h Prudent ial Secu ri ti es in Houston. 
But  t he board h as  al readyr e fused to  pay for power, sayingE nron is n't  livi ng up to its  co ntract . E n ron, w hich s ays i tism e eting t he  co nt ract's ter m s , i s 
ow ed  abo ut $64million for powers old  in Decemberand  Jan u a ry . D ay s  be fo r e t h e  board gave not ice to Enr on ,  t he company sta rt ed proc eedings  
toe nd thecontractbecause o funpa i d  po wer bills.  But six  months m u st pa s s
befo reEnronca n e nd it . 
The r e i s con tinued  s pecula tionth at Enron  is looking to sell its  stake  in t he
project.  In a s tatement,  Enr on said We dne sda y itis" still  ope n  t o c onstr ucti v e discuss i on s o n so lutions." I n d ian  offi cia l s also  hav e been talking to some of the co untr y ' s s tat e s ab ou t 
purchasingele ct r i city fro mDabhol, Blo omberg N ew s  repo rted W ednesd ay. 
Th e pr o ject h as f ace d ongoing  pr ob l ems, al mo st from t he t im e of E nron's 
ini t i al investment in  it
 we_can do_about that," he 
says._"But that's_it._We're passing_a_new urban plan_this year. There_won't 
be any more_[wind-park] licenses in_the_future, not here."

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





May 31,_2001
Houston_Chronicle
Struggling Enron_plant_in_India stops production 
By LAURA_GOLDBERG 
Copyright 2001 Houston Chronicle_
Enron Corp.'s_India power plant has stopped production after its_sole_
customer stopped ordering_electricity. 
The Maharashtra State Electricity Board had not issued_dispatch instructions 
for power from the_Dabhol Power Co._since_early_Tuesday, Enron spokesman John_
Ambler said Wednesday. 
The move by_the board is the latest in_a series of actions and counteractions 
surrounding_the $3 billion project, in which_Enron has a 65 percent_stake. 
Though_the plant can't produce power_unless it has_dispatch instructions,_the 
plant hasn't_been shut down. Employees are there_and the plant_reportedly is 
operational -- ready to_produce_power. 
The board_told_Enron_last week_it was canceling_a_7-year-old power_purchase_
agreement. Enron says the board doesn't_have_the right to do so. 
Under the_contract, the board is_supposed_to pay Enron whether_it takes power 
or not,_said Carol Coale, an energy analyst_with Prudential_Securities in_
Houston. 
But the board has already refused to pay for power,_saying Enron isn't living 
up to_its contract. Enron, which_says it_is_meeting the contract's_terms,_is 
owed_about $64 million for power sold in_December and_January. 
Days before the board gave_notice to Enron, the_company_started proceedings 
to end the contract_because of unpaid power bills. But_six months must pass 
before_Enron_can_end it. 
There is continued_speculation that Enron is looking to_sell its stake_in the 
project. In a statement, Enron_said_Wednesday it is "still open to_
constructive_discussions on solutions." 
Indian officials also_have_been_talking to some of the_country's states about 
purchasing electricity from_Dabhol, Bloomberg News reported Wednesday. 
The project has faced_ongoing problems, almost_from the time of Enron's_
initial_investment_in it