P.S.  Obviously, Jane's answer also forecloses pursuing the question from 
Skadden regarding second-tier and other ownership entitites.  I have, 
however, put to Jane the question about our 5% holding in GAIL.   mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 02/06/2000 
09:54 ---------------------------


Mark Schroeder
02/06/2000 09:10
To: Steven J Kean/HOU/EES@EES, J Mark Metts/NA/Enron@Enron
cc:  

Subject: CONFIDENTIAL

See answer re: India's FIB, below.   mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 02/06/2000 
09:11 ---------------------------


Jane Wilson@ENRON_DEVELOPMENT
02/06/2000 15:11
To: Mark Schroeder@ECT
cc:  

Subject: CONFIDENTIAL

Just from what I know (I don't think more questions would maintain 
confidentiality) there is a central Foreign Investment Board that would 
probably have to approve if anything is sold to a foreigner.
---------------------- Forwarded by Jane Wilson/ENRON_DEVELOPMENT on 
06/02/2000 09:10 AM ---------------------------


Mark Schroeder@ECT
06/01/2000 08:53 AM
To: Jane Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:  

Subject: CONFIDENTIAL

I understand that there is no limitation on asset sale, via financing 
doucments, except approval of lenders, but is there any state/central 
approval, e.g., India Investment Board?  thanks  mcs