As India Projects Boom, Worries Keep Out Foreign Players

Law360, New York (February 6, 2012, 5:42 PM EST) -- Despite India's growing need for power and its ambitious project development plans, international developers and lending organizations have yet to dive deeply into the country's energy sector, finding that they are often stymied by a tangle of bureaucracy and regulations, attorneys say.

The Indian government has planned a series of so-called ultra mega power projects over the next several years with capacities of 4,000 MW or more, and Indian developers and banks have taken a dominant role in all of them, as is common for most...
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