Did Enron, touted as a leading foreign direct investment (FDI) case, bring any capital into the project at all? What were the ‘errors’ in the contract, and how did each one of those errors benefit Enron? Why did Enron power, which was supposed to cost MSEB Rs 2.40 per unit, finally cost Rs 7.20? What has been the experience of privatization in the power sector in the rest of the world? Are Enron’s sleazy business practices merely the result of the greed of ...
