In 1992 As Part of the Indian Government's Effort to Liberalize The economy, the government of Maharashtra state announced plans for the Enron Corporation to build the world's largest electricity generating plant at a cost of approximately $3 billion the operating company would be know as Dabhol Power Corporation--a joint venture of three US companies: the Enron Corporation, General Electric, and the Bechtel Corporation. Critized for lack of transparency, its projected high costs, and potential environmental impact, the deal was so controversial that when the Siv Sen-BJP government coalition was elected to power in the state in 1995, it suspended the project. Then, in an about-face that renewed allegations of corruption surrounding the project, the Shiv Sena-BJP government renegotiated the project and allowed its construction.