Friday, June 6, 2008

Bollywood's first family star in "Enron" drama

A new Bollywood film on a shrewd businesswoman's plan to build a power plant caught up in development politics is drawing comparisons with the controversy behind the failed Indian project of U.S. utilities giant Enron.

"Sarkar Raj," starring Bollywood's first family the Bachchans, has an uncanny resemblance to the real-life drama involving powerful politician Balasaheb Thackeray, whose party opposed a $2.8 billion power plant built by Enron in the 1990s.

The controversy surrounding the private power plant, India's largest then, highlighted the politics of development and the difficulties of doing business in a country replete with corruption, political intimidation and red tape.

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