
THE DEAL IS NEVER DONE 181
II. The committee based its recommendation on several grounds,
including the absence of transparency in the negotiation process,
the lack of competitive bidding procedure, the relaxation by the
previous government of certain regulations relating to the project,
the great expense of the project, the high electricity tariff rate and
its continuing escalation, the obligation of the MSEB to pay for
electricity whether or not it was actually used, and the failure of
the project negotiations to address environmental concerns.
On the basis of this report, the state government, under its new
Chief Minister, and the MSEB formally canceled ...