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The 2G Judgement: Holding Corporate Houses also Accountable

Author / Source / Date: 

Prabir Purkayastha, Newsclick, Feb. 6, 2012

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The Supreme Court's judgement on 2G of cancelling the 122 licenses awarded in 2008 is a landmark one.

The Looming Power Sector Crisis: Chickens of 2003 Coming Home to Roost

Author / Source / Date: 

Prabir Purkayastha, Newsclick, Nov. 4, 2011

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The power sector is rapidly going into a three-fold crisis – rising tariffs, lack of coal and a huge overhang of debt for the companies in the power sector. The chickens of the power sector reforms carried out in the last two decades, particularly through the 2003 Electricity Act is now coming home to roost.

KG Basin deal : Murky valuation of Gas prices & Production costs

Author / Source / Date: 

Newsclick Production, 11-July-2011

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Former principal advisor (energy) to the Planning Commission, Surya Sethi comments on the recent CAG draft report on the Production Sharing Contract between the government and Reliance Industries Limited for exploration of gas in the Krishna Godavari Basin.

From 2G to KG – India, Mega Scams and Neo-liberalism – II

Author / Source / Date: 

Prabir Purkayastha, Newsclick, July 07, 2011

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As we discussed in our KG Basin Gas scam first part, there are various dimensions to the scam. In this part, we will focus on two issues – one, the impact of share of revenue due to inflating of capital costs; two, specific item of the increase to indicate how the books have been cooked to benefit Reliance.

From 2G to KG – India, Mega Scams and Neo-liberalism

Author / Source / Date: 

Prabir Purkayastha, Newsclick, June 24, 2011

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The KG Basin Gas scam is yet another in the series of scams the Indian Goverment is implicated in. As a follow up of last week's article drawing broad issues of this scam, this article deals with CAG's draft report and PSC between the Government and Reliance.

The Reliance KG Gas Scam

Author / Source / Date: 

Prabir Purkayastha, Newsclick, June 16, 2011

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The CAG Draft Report on the audit of the Production Sharing Contracts for the on-shore and off-shore oil and gas blocks is now widely being circulated in the media, showing once again the unholy nexus between the UPA and big capital in the country.

Who is Afraid of 2G?

Author / Source / Date: 

Prabir Purkayastha, Newsclick, December 9, 2010

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The 2G scam is being stone-walled by the ruling UPA both in Parliament and outside. A Joint Parliamentary Committee would have both the right and the authority to go into the conduct of the various ministers, the regulatory body namely TRAI and also examine the different dimensions of the case. If Congress is not involved, blaming Raja in private as the sole perpetrator of the 2G scam, why is the Congress shying away from a JPC?
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