A recent post by Rana Rosen suggest that an increasingly huge amount of funds are flowing towards alternative and clean-tech fuel sources.
Private equity (PE) investors, including early-stage venture capitalists,
have poured more than $433 million (Rs1,775 crore) into environment-related
businesses, primarily wind energy and clean fuel, in the country since 2001.The number, though minuscule in the context of the estimated $7 billion that
was invested overall by PE investors last year, is a significant achievement for
the cash-strapped sector. Investors and advocates said that closing investments
in such businesses is still difficult but expect the pace to pick up in the next
five years.....
