Foreign Investment Key To India’s Energy Future

For a country of the size and complexity of India, there can be no easy solution to a problem as fundamental as giving the whole country access to steady power. With coal contributing about 60% to Indian power generation, with between 300-400 million without access to electricity, with frequent power cuts, and with the share of renewables increasing slowly, the government of new Prime Minister Narendra Modi is aiming to find a safe, long-term plan to fund India’s energy expansion. Amid calls for the world’s tenth-largest economy to commit to renewable energies, Modi has taken a middle road.

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