"We haven't received any proposal for maintenance, completion or restart of the plant as a sequel to the aforesaid offshore lenders meeting in Singapore," the bank said in a statement to the media.

Indian lenders, led by the Industrial Development Bank, are planning to sell the assets of Dabhol Power, which was shut down in May 2001, seven months before Enron went bankrupt, to recover dues and avoid setting aside money for bad loans.

Enron, the Houston-based energy trader that filed the biggest bankruptcy in US corporate history last year, holds 65 per cent of Dabhol Power.

The plant, which has a capacity to generate 744 megawatts of electricity, was shut down because the sole customer - the state electricity board - stopped paying bills after complaining that the rates were too high.