New Delhi, Dec 10: As major British Gas India (BGI) has joined Anglo-Dutch energy giant Royal Dutch Shell and state-owned Gas Authority of India Ltd (Gail) in the race for acquiring liquefied natural gas (LNG) facilities of fallen energy group Enron Corp at Dabhol in Maharashtra.

“We are interested in LNG terminal and regassification facilities of battered Dabhol Power Company (DPC). We have already communicated our intent to the financial Institutions (FIs),” British Gas India chairman CR Prasad told PTI here.

Mr Prasad said a dedicated team has begun negotiations with Industrial Development Bank of India-led consortium of Indian lenders to the project, who are talking to potential buyers of the 85 per cent offshore equity in the $2.9-billion Dabhol power project. (PTI)