(a) the details of Public Sector Banks and Financial Institutions which have invested/advanced loans to the erstwhile Dabhol Power Corporation and the
total amount invested by each banklFI;
(b) whether these banks and Fls have been able to get back their dues from the DPC;
(c) if so, the details of dues received back and the dues still outstanding, bank-wise, and Institution-wise; and
(d) the steps taken by the Government to get back the remaining dues?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRIANANT.G.GEETE)
(a) to (c): According to the information provided by Industrial Development Bank of
India (IDBI), out of the Public Sector Banks and Financial Institutions (Fls), State
Bank of India (SBI), Canara Bank and IDBI have taken exposure in Dabhol Power Corporation. Further, the company had serviced all its debt obligations to banksl Fls .
for both Phase-I and Phase-II of the project till September/October
2001 so also a major portion of the amount due in January 2002 for phase I of the
project. In accordance with the practice and usages customary amongst banks and in
conformity with the provisions of statutes governing public sector banks and financial
institutions as also the provisions of The Public Financial Institutions, (Obligation As To Fidelity and Secrecy) Act, 1983, further details relating to individual constituents cannot be divulged.
(d): Fls/Banks are themselves competent to take action to protect their interests.