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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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PG&E Awarded First Civil Nuclear Credit from DOE to Support Diablo Canyon Nuclear Power Plant

LCG, August 14, 2026--The U.S. Department of Energy (DOE) announced today that it has awarded Pacific Gas and Electric (PG&E) $271 million to help support the extended operations of the company's nuclear power facility, Diablo Canyon Power Plant, which is located near Avila Beach, California. The federal Civil Nuclear Credit Program (CNCP) funding will allow the 2,240-MW nuclear facility, which supplies nearly ten percent of the electricity consumed by the state's population, to continue to safely generate secure, carbon-free, baseload power to customers. The U.S. Nuclear Regulatory Commission (NRC) approved 20-year license extensions on Diablo Canyon’s two reactors last April.

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Industry News

Enron India Invokes Maharashtra's Debt Guarantee

LCG, Jan. 30, 2001Enron India, the builder and 65 percent owner of the big Dabhol electric power facility in India's Maharashtra state, has invoked a state guarantee to recover electric bills that have not been paid by the Maharashtra State Electricity Board.

"With monthly bills outstanding for both November and December 2000, Dabhol Power Co. has exercised its rights under the existing documents by drawing upon the Government of Maharashtra's guarantee," Enron India said in a statement.

Just weeks ago, Maharashtra state paid the state electricity board's October bill when Enron threatened to invoke the guarantee. Standing behind the state guarantee is the sovereign guarantee of the Indian federal government. If Enron were to invoke the federal guarantee it could prove an embarrassment for the Indian government at a time when it is attempting to paint India as an attractive venue for foreign investment.

Enron's move underscores difficulties faced by foreign investors dealing with India's state electricity boards. The boards, which are state-owned utilities, are generally corrupt to some degree, fail to collect their own bills from politically strong customers, and allow an average of one-third of the power they purchase to disappear from their transmission systems through theft and gifts to agricultural and other powerful interests.

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