This story about Dabhbol is a biased but interesting history of the troubled Enron asset.
I think Enron got a lot of misplaced blame for that stupid power plant. The political situation made it impossible for Enron to succeed.
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This story about Dabhbol is a biased but interesting history of the troubled Enron asset.
I think Enron got a lot of misplaced blame for that stupid power plant. The political situation made it impossible for Enron to succeed.
Agreed… there was certainly nothing illegal going on there, but it was a classic case of ENE having more dollars than sense. The project should never have gotten started. Either they got lied to (in sub-continent politics! Imagine!), or someone at Enron made a huge mistake; successful companies still make plenty of blunders.