India Inc.’s increasing presence on the Burma “Dirty List”
Author: Priyanka Joseph, Responsible Investor, Published on: 24 August 2010
India is a major investor in Burma’s thriving energy sector...[T]wo Indian government-controlled companies, Oil and Natural Gas Corporation (through its subsidiary, ONGC Videsh) and Gas Authority of India Ltd. (GAIL), are partners…in the consortium that is working to extract natural gas from major deposits located…in western Burma. Other Indian companies with operations in Burma include: Aban Offshore, Essar Group, National Hydroelectric Power Corporation, Sun Group Enterprises Pvt. Ltd., Tata Motors…There is increasing global concern over how international investments in the country are feeding the Burmese military.