DHAVAL KULI{ARNI
MUMBAI, APRIL 20

THE Ratnagiri Gas and Power Private Limited (RGPPL) is finally close to inking a comprehensive service agreement (CSA) with General Electric (GE), wherein the US-based company is said to have agreed to bear 50 per cent of the costs incase of a compressor failure in the machines and also consented to reduce prices of spares by over 37 per cent.

The 2,150-Mw Dabhol power project in Maharashtra faced another turbine failure last week due to the allegedly defective machines supplied by General Electric (GE), adding to the losses of the plant

It could be a bitter end to a sweet, juicy story. Maharashtra is planning mega power plants in Ratnagiri district, a horticulture zone known for its finest Alphonso mangoes, which are exported to

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