Question : COUNTER - GUARANTEE TO PROJECTS



(a) the projects that have been given sovereign counter-guarantees so far in private sectors;

(b) whether sovereign counter-guarantees are proposed to be qiven for express way project; and

(c) if so, the details thereof and the reasons therefor?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATH):

(a) Guarantees over and above State Govemment guarantees have so far been given in respect of the following power projects:



1. Dabhol power project in Maharashtra.

2. Jegurupadu power project in Andhra Pradesh.

3. Neyveli power project in Tamil Nadu.

4. Bhadrawati power project in Andhra Pradesh.

5. Vishakapatnam power project in Andhra Pradesh.

6. AES Ib valley power project in Orissa.
(b) and (c) There is no such proposal.