India is trying hard to woo foreign investors as the nation tries to rebuild from its worst economic contraction on record. Hit particularly hard by the COVID-19 pandemic, the Indian economy is projected to record a 7.7 percent decline in the financial year ending this month–the single largest drop in the nation’s history. One sector that is ripe for foreign investment is India’s energy industry. The International Energy Agency, in its annual “ India Energy Outlook 2021 ” report, remarked that “the scope for further growth in energy demand and infrastructure is huge” and that as India recovers from the devastating impact of the novel coronavirus the subcontinent is “re-entering a very dynamic period in its energy development.” India’s middle class is expanding rapidly and so too is the country’s energy demand, which has doubled since 2000. For the moment, 80% of this demand is still being met with […]