Monday, July 20, 1998
India Telecom may come under Companies Act
The proposed corporate, India Telecom, of the Department of Telecommunications (DoT) is likely to be registered as a corporate entity under the Companies Act, 1956, with provisions for disinvestment.
Enron asks Sumitomo Bank to arrange finance for Dabhol-II
US Multinational Enron has approached Japanese Sumitomo Bank to be the lead arranger for financing the 1,444 MW second phase of Dabhol project in Maharashtra, a top bank official said.
Polysindo power project to get naphtha linkage from TNEB
Indonesian conglomerate Polysindo is back in the reckoning in Tamil Nadu's power generation sector with the state electricity board promising naphtha linkage to its troubled 138 MW project at Manali near here.
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