Any other country investing in energy exploration would have a failsafe plan in place before starting a partnership. Now the government will have to pay a penalty for not being able to access the energy thanks to, needless to say, the proverbial unreliability of an Indian company whose bottom line is profit and last thought patriotism and India's reputation. Mittal is a big shot so like wha the bankers did, can walk off with crores and not be punished for failure to keep word. Whereas the ONGC has at its pay executives who jet around the world who have not done their homework or thought of possible setbacks to the project vast sums of public funds are spent on, to not have foreseen this development does not say much for the management. Strangely enough these people are not to be held to account, after all the money they are wasting is ours, not theirs.
Any other country investing in energy exploration would have a failsafe plan in place before starting a partnership. Now the government will have to pay a penalty for not being able to access the energy thanks to, needless to say, the proverbial unreliability of an Indian company whose bottom line is profit and last thought patriotism and India's reputation. Mittal is a big shot so like wha the bankers did, can walk off with crores and not be punished for failure to keep word. Whereas the ONGC has at its pay executives who jet around the world who have not done their homework or thought of possible setbacks to the project vast sums of public funds are spent on, to not have foreseen this development does not say much for the management. Strangely enough these people are not to be held to account, after all the money they are wasting is ours, not theirs.
