Friday 31 July 2009

Understanding the ongoing gas-pricing dispute between Ambani brothers

Excerpts from an interview of Dr.Bhamy Shenoy with D.Murali of Business Line

In the ongoing gas-pricing dispute, is the Government partial to either of the Ambani brothers, as claimed? No, it is not, avers Bhamy Shenoy, a senior advisor to the Center for Energy Economics at University of Texas, Austin.

“It is the bounden duty of the Government to safeguard the interests of the taxpayers. Billions of dollars are involved in this deal and the Government cannot be a mute spectator,” he adds, during a quick email interaction with Business Line.... More