Enron Case & And Chidambaram ONE VERY COSTLY UPA SCAMS SARASIJ MAJUMDER This was when Chidambaram ensured that Vajpayee Government had to pay $300MM to corrupt Multinational as fine , for an unacceptable contract. . The Life of P Chidambaram has been mired with too many controversies; one such case is the Dabhol Power Company case or what is known as the Enron case in popular media stories. In Western World, people like similar records are rotting in JAIL. In 1992, Enron proposed to setup 2,184 MW power plant at Dabhol, Ratnagiri. Initially, for the first phase, it was to use NAPTHA as fuel, and later, as per the contract, LNG for the project would be imported from Qatar and produced electricity will be purchased by Maharashtra government for 20 years. American companies namely Enron, GE and Bechtel were majority shareholders in the company which got ‘sovereign guarantee’ for the project by bribing ministers and government officials of I...