India Dodgy Contracts Record Risks Turning Away Investors

India Dodgy Contracts Record Risks Turning Away Investors

Falling renewable energy tariffs in India have prompted some state governments to tell generators that they can’t buy the energy at prices agreed upon, exposing the businesses to risks due to poor enforcement of contracts in Asia’s third-largest economy.

India Gives Iran $11 Billion `Best Offer’ On Farzad-B Field

India Gives Iran $11 Billion `Best Offer’ On Farzad-B Field

An Indian consortium is willing to spend as much as $11 billion to develop a giant Iranian natural gas field and build the infrastructure to export the fuel as long as the Persian Gulf nation guarantees a “reasonable return” on the project, according to the company leading the group.