Airline turbulence in India

Article Abstract:

Tata-Singapore Airlines is a proposed joint venture which is seen as a test of the willingness of India to permit foreign involvement in its domestic airlines. The JV has encountered political opposition with the 40% stake to be held by Singapore Airlines seen as too large. The Foreign Investment Promotion Board has yet to approve the scheme. Meanwhile, some Indian states are starting infrastructure projects such as airports with private sector involvement.

Scheduled Airlines, Scheduled Air Transportation, Joint ventures, Airlines, Economic policy, India, Singapore Airlines Ltd. (Singapore)

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Saudi Arabian power plans

Article Abstract:

A power station may be built in Shuaiba in Saudi Arabia on a built operate transfer (BOT) basis. Tenders have been issued by the Saudi Consolidated Electric Company for the Western Region (Sceco-West). Sececo-West may also build a further station at Shuaiba, although its lack of finance has meant the complex has been delayed. It expects new expansion to be funded largely by the private sector.

Heavy construction, not elsewhere classified, Buildings and facilities, Saudi Consolidated Electric Co. (Western Region)

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Dabhol leads to power policy review

Article Abstract:

The Maharashtra state government in India, has announced its decision to scrap Enron's Dabhol power project due to non competitive bidding, high capital and power costs, lack of consideration for the environment and lack of transparency. Enron has invested $300 million in building the first phase of the project and is planning to go for arbitration, unless a compromise can be worked out.

Enron Corp., ENE

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