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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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Calpine Announces Completion of Expansion Project at The Geysers Geothermal Complex

LCG, June 10, 2026--Calpine, a business unit of Constellation, announced early this week the completion of a 25 MW expansion project at The Geysers geothermal complex located in Sonoma County, California. The addition builds on Calpine's continued investments in The Geysers to support California's renewable energy goals and to provide reliable, around-the-clock renewable power as the demand for clean electricity continues to grow.

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Industry News

New Delhi Tells Maharashtra State to Pay Enron's Bill

LCG, Jan. 8, 2001The Indian government has instructed the state of Maharashtra to reach an agreement with Enron Corp. on payment of past due electric bills from Enron's Dabhol Power Co., India's Economic Times newspaper said yesterday.

Maharashtra's state electricity board has not paid a bill from Dabhol since September and its charges from October and November add up to rupees 262 crore, which is $56.15 million (a crore is 10 million rupees).

Enron has said it would invoke letters of credit and possibly the sovereign guarantee of the Indian government if the bills aren't paid.

Adding to the pressure on Maharashtra is a meeting scheduled for tomorrow in New York where lenders who financed the Dabhol project are to "take stock" of the situation, the paper said. Among the institutions expected to be on hand are the Industrial Development Bank of India, the ICICI Bank of India and the State Bank of India, the country's oldest, largest and most successful commercial bank.

U.S. and foreign commercial banks as well as import-export banks of several nations are also expected to attend tomorrow's meeting, along with Dabhol's chief financial officer Mohan Gurunath.

The first phase of Dabhol, a facility with a capacity of 826 megawatts, began commercial operation nearly two years ago. Financing has been arranged for the second phase, which would add 1,624 megawatts, but Maharashtra, which was to have had a 15 percent ownership with an option to double that, announced last fall that it was pulling out of the project.

Enron India managing director Wade Cline said his company was willing to talk with Maharashtra about restructuring any of the financial arrangements between Enron and the state, but the state electricity board would have to pay its electric bill first.

The Maharashtra state electricity board has had trouble meeting its financial commitments with Enron for a year, but the extent of its problems had not heretofore been aired. Enron has had ongoing discussion with the state government and the electricity board but their substance has not been made public. Now, Enron is getting short with its customer.

"Enron is now burdened with the debt servicing, salary payments and fuel charges for the last three months. We will not be able to go on forever," said Cline. "We could have done it in last January, but we didn't."

He added that it might have been different if Enron were not involved in phase two at Dabhol, which is well into construction.

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