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Friday, June 15, 2001   
 
 

CMS threatens to pull out of Ennore project

Washington, June 14: Even as the $2 billion Dabhol Power Project of the US energy major Enron hangs in fire, another US-based power firm, CMS Energy, has threatened to pull out of the $1.4 billion-1,600-MW Ennore power plant project, citing lack of “cooperation and support”.

“We have been very disappointed lately in India in the new project...the Ennore project. We have not been getting the cooperation and support we need,” CMS Energy chairman of the board and chief executive officer William T McCormick said on Wednesday.

Mr McCormick said after being “selected by the Government” to execute the project, the company had been “negotiating for several years with various Government entities”.

-- PTI

 

 
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