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Restarting Dabhol

The news that the Enron project at Dabhol will soon be revived is not an occasion for a sigh of relief. The unofficial information suggests that thanks to the shenanigans of unaccountable political bosses and the bureaucrats, the Indian taxpayers will end up paying significantly more for a 'second-hand' project as compared with an equivalent 'new' project. The elected representatives have repeatedly refused to grab the opportunities to escape from the Power Purchase Agreement, possibly in order to avoid an open scrutiny of the deal. If the political class escapes this time as well, there is the danger that this strategically critical project - after being cleaned up at huge public cost - would be given on a platter to a private player.

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