fwd mark market return path received rly ygol mx aol com rly ygol mail aol com 172 18 147 1 air ygo 5 mail aol com v 67 _ bl 21 esmtp fri 28 jan 2000 18 00 52 0500 received mailman enron com mailman enron com 192 152 140 66 rly ygol mx aol com v 67 _ bl 21 esmtp fri 28 jan 2000 18 00 36 0500 received dservl ect enron com dservl ect enron com 172 16 1 37 mailman enron com 8 8 8 8 8 8 corp 1 03 esmtp id xaal 9726 fri 28 jan 2000 23 00 07 gmt received notes ect enron com notes ect enron com 172 16 4 33 dservl ect enron com 8 8 8 8 8 8 smtp id raa 24406 fri 28 jan 2000 17 00 32 0600 cst received notes ect enron com lotus smtp mta v 4 6 5 863 2 5 20 1999 id 86256874 007 e 6242 fri 28 jan 2000 17 00 26 0600 x lotus fromdomain ect vince j kaminski vkaminski aol com message id date fri 28 jan 2000 17 00 29 0600 subject mark market mime version 1 0 content type text plain charset us ascii content disposition inline content transfer encoding 7 bit forwarded vince j kaminski hou ect 01 28 2000 05 00 pm wade cline enron _ development 01 28 2000 07 17 ze 5 b pinnamaneni krishnarao hou ect ect cc sandeep kohli enron _ development enron _ development vince j kaminski hou ect ect subject mark market document link vince j kaminski sandeep dpc sell mseb eipl buy equivalent amount power mseb another spot grid eipl sell 3 rd party state pinnamaneni krishnarao ect 01 27 2000 04 00 pm sandeep kohli enron _ development enron _ development cc vince j kaminski hou ect ect wade subject mark market document link wade cline sandeep met bob today discussed deal structure put together mark market issue bob colleague wess told long payments tied one particular plant problem plants us like peaking plants separate plant power sales able assocated cashflows sold power plant outside party bought back completely different multiple locations buyback tied specific plant marked maket even enron somehow mark market deal dpc 50 cashflows 50 dpc owned outsiders simple loan affiliate also marked market bob suggesting eipl buys options dpc plants turn sells power ap karnataka could case politically dpc selling power eipl may best solution put rather mildly alternatives see 1 deal structured difference enron mark market income earned 2002 03 2 deal structured eipl enron sells contract another party profit problem course finding party forking part profit 3 deal except revenue securitization done outside party india eipl bob said think issues week let know next week meet bob together going boston tuesday wednesday feb 1 2 book appt bob us sandeep kohli enron _ development 01 23 2000 09 45 pm robert butts pinnamaneni krishnarao ect cc vince kaminski wade cline enron _ development enron _ development ananda mukerji jaiprakash desai enron _ development enron _ development subject mark market bob wanted continue analysis mark market spoken phone thought getting difficult explaining whole transaction phone krishnarao vince group explain transaction krishna helping us structure deal india returned houston india working team seek appointment explain transaction would like please spend time based discussion please send us note detailing sucha transaction would marked market please cosider fact currently transactions indian side important transaction us may need repeat coming months hence setting system account maybe well worth also concerned enron india eipl account india based indian gaap upon consolidation us gaap accounting us would like mark market accounting eipl structured mauritius caymen islands another key question consider transaction us tax accruing year say 2000 however india result accrual accounting income showing till year 2002 2003 need know would get treated whether way get credit tax payable us also confused whether us tax would levied since none income brought back us remains overseas subpart f concerns finally working hard structuring fixed price contract getting fixed floating swap us still allowed indian corporates need think see type accounting solve issue krishna knows talking brief krishna please walk bob three structures worked look forward help comments going exciting project us regards sandeep