Re: Courts and cost of doing business in Pakistan
If IPPs or RPPs were any good for the country, we wouldn’t be facing such great power crises despite having the capacity to generate electricity. It is not the Jihadi mafia, but the whole country that is enjoying the ‘fruits’ of such disastrous decisions.
Yes, kickbacks are a norm but kickbacks should not be the ONLY criteria while deciding on such critical issues as input mix for power generation.
If you have issues with CJ, take a look at page 28 onwards of http://www.adb.org/sites/default/files/pub/1999/ER066.pdf . It is a document from 1999, even before Mushy arrived on the scene and is enough to tell us why IPPs came around. Page 31 foretells what is going to happen in the next decade and we are suffering from exactly that. I wish we had a supreme court with some guts at that time to put a stop to that madness.