(EnergyAsia, July 19) — US engineering firm Bechtel said it and the governments of India and Maharashtra have reached a settlement over their dispute of the proposed Dabhol power project. In exchange for $160 million in compensation for its equity and contractor claims, Bechtel agreed to forgo international arbitration over the expropriation of its…
INDIA: Bechtel issues statement following settlement of dispute over Dabhol power project
Posted on July 19, 2005 by EnergyAsia