Dabhol's revival plan runs out of gas

PUBLISHED ON: February 19, 2007

   
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The Dabhol plant at Ratnagiri is one of the costliest power projects in the country. It is fast running out of steam and fuel and the Ratnagiri Gas and Power Company has no money to pay vendors and lenders. It has overrun costs by more than Rs 2,500 crore and needs bailout and the government is working on a restructuring package to rescue it.
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