Thursday, November 5, 1998
The first charge
It is one thing to set up new electricity-generating capacity; quite another to garner enough sales revenue to pay the power producers.
Coherent policy
Every player even remotely connected with energy seems to be interested in setting up a pipeline, or taking a stake in a pipeline project. Little thought seems to be have been given to the long-term implications.
Share buyback will lend more transparency
Buyback of shares was awaited for a long time by stock-market operators, and its introduction was expected to rally the bourses.
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