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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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Constellation Files License Renewal Applications with the NRC for Two New York Units

LCG, June 29, 2026--Constellation announced on June 26 that it has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend for 20 years the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation stated that it's decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State's renewal of its Zero Emissions Credit (ZEC) program is working as intended. Furthermore, Constellation stated that maintaining its nuclear fleet is estimated to save New Yorkers $50 billion and sustain reliable emissions-free generation resources to serve increasing electricity demands.

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Industry News

Indian Government to Mediate Enron-Maharashtra Dispute

LCG, May 24, 2001The Indian federal government said this morning in an official statement that it would mediate the dispute between Enron Corp.'s Dabhol Power Co. project and the state of Maharashtra and its state electricity board.

Enron, which owns 65 percent of Dabhol, and the Maharashtra State Electricity Board have been at loggerheads almost since the 740 megawatt first phase of the Dabhol project began producing power. The MSEB has persistently delayed paying for power taken from the plant and has forced Enron to invoke Maharashtra state guarantees and, when those have failed, to invoke the sovereign guarantees of the Indian federal government.

In the mid-1990s, the MSEB signed contracts to purchase at agreed-upon prices the entire output of Dabhol, but now, with the 1,444 megawatt second phase ready to begin commercial operation next month, the state-run power company says it no longer needs the power and wants to pay less than the agreed-upon price for what power it does buy.

Last week, Dabhol issue a preliminary notice of termination of its contract with the MSEB, a move seen as the first step in Enron abandoning India altogether. Because Dabhol is the largest single foreign investment in India, its failure could severely tarnish India's reputation as a safe place for investment.

In New Delhi, the Indian government said in its statement "The government of India will assist in the implementation of any agreed proposals, which have the support of the concerned parties," adding that "The government of India is of the view that a quick settlement of the dispute is essential for the power sector of Maharashtra."

Settlement of the dispute on terms that will not damage Enron is also essential to future foreign investment in India.

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