Money will have to be deposited in advance in an escrow account.la.khan wrote:I couldn't make out if you were being sarcastic. A few years back, traders on our side sent goods but never recd payments; I read the news item right here on BRF. These were probably small or medium sized exporters but selling power/electricity is huge, usually hundreds of millions of USD. Do we want to give credit to these turds? For a country that goes around with a begging bowl and lives on a foreign dole, paying the kaffir Hindoo bania will not be a top priority. If we can find ways to make this work, pakis will equally find ways to skip/delay/avoid payments.yensoy wrote:
Did that sound funny?
Here's a thought, go to Attari. You will see hundreds, no thousands of trucks there, ferrying stuff back and forth. These traders have figured out some way to make it work, and to collect money. I am sure the government can work out a payment mechanism as well. We can all use an American or for that matter a Chinese bank to settle in.
Or we can do as we did during the Soviet times - barter. If the sugar shipment appears impure, drop the frequency of the power we supply to 48Hz. (Now that I said in jest).
For barter to work, those turds have to produce something we need. Off the top of my head, pakis produce terrorists, soccer balls, cricket items, surgical tools/implements, cotton, basmati. Anything I missed? Nothing that desh really needs.While prepaid transaction in USD may work, do they have USD to pay for this? I don't think so. While this may sound good on paper, this may be a non-starter. Sometime back, there was talk of selling diesel engines to paki railways. Nothing came of it; this may end up in the same dustbin.Bart S wrote:It would have to be a prepaid SIM type transaction, except that they would pay in dollars. They can make the payment and buy electricity for the next month from a paanwala on the Wagah border
When the allotted power has been consumed, money should be automatically be transferred to India and the said account should be replenished immediately.
Rates should be based on the prevailing daily price of oil subject to a floor price to protect Indian power producers.
take it or pay contract.
paki to invest in all required power transmission infrastructure. All disputes subject to Indian courts jurisdiction only.
The paki propensity for overdrawing power should not be underestimated or discounted.
Many Indian states would also overdraw on power, especially during peak consumption hours and this was very difficult to curb and control.