NTPC To Waste $10 billion On Green Energy Boondoggles

Energy giant of India, NTPC, a rare PSU that actually delivers, will waste its most precious resource-Capital- on green energy boondoggles.

It is a proof of the mediocrity of India’s ruling  elite that they are not ready to learn from the experience of the Europe and the US as to how the Green energy ventures are draining their economies and are turning out to be well crafted scams by the governments’ cronies. The same forces seem to be working to India; and seem to have found their marks in government to do scams here also.

A very bad move on the part of NTPC.

 

Read the news item here.