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On October 13, India’s Minister of Federal Power Sushilkumar Shinde called on India to develop its hydroelectric, solar, and wind energy sources as a means of coping with diminishing coal reserves, which accounts for a full 65 of the country’s energy portfolio
India’s Ministry of New and Renewable Energy Secretary Deepak Gupta announced the invitation of bids for solar power projects with $663 million and totaling 300 MW of capacity under the national solar mission within two weeks
The U.S. government’s finance institution, The Overseas Private Investment Corporation (OPIC), plans to invest $520 million in financing and insuring solar energy projects in India by the end of 2011
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Jurisdiction - India
Firm Name - Mintz Levin Cohn Ferris Glovsky and Popeo PC
