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About The Book:
In one of the most spectacular bankruptcies of our times, the gas and energy giant Enron went bust in late 2001. Many thought that for India, this is the end of the Enron story, that we can simply get out of the disastrous Dabhol deal. They are wrong.
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 a few corporate bosses?
How did a company founded only in 1986 become, by 2000, a global giant claiming more that $ 100 billion in revenues?
What ties bind the Bushes the father George H., along with sons George W., Marvin, Neil and Jeb and, indeed, many others among the high and mighty in washington, to Enron?
PRABIR PURKAYASTHA is an engineer and a science activist in the power, telecom and software sectors. He is one of the founding members of Delhi Science Forum and its Secretary. He has written and published extensively on a variety of science and technology policy issues in several leading journals and newspapers, including Economic and Political Weekly, Times of India, and a number of Delhi Science Forum publications.
VIJAY PRASHAD is Associate Professor and Director of International Studies, Trinity College, Hartford, CT. USA. He is the author of three previous books, Everybody Was Kung Fu Fighting: Afro-Asian Connections and the Myth of Cultural Purity (Boston: Beacon Press, 2001); Karma of Brown Folk (University of Minnesota Press, 2000); Untouchable Freedom: A Social History of a Dalit Community (New Delhi: Oxford University Press, 1999).
By the same author:
War Against the Planet
The Darker Nations
Dispatches from Latin Americaedited with Teo Ballve
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