India to propose easing foreign investment rules further
But competition from a state-run monopoly, which gets its coal mines free, may stymie Prime Minister Narendra Modi’s efforts to attract more investments into the sector.
The environmental group is after Vattenfall's lignite business in eastern Germany, in a bid to scale back the operations put up for sale by the Swedish state-owned energy giant.
"There'll always be investors wanting to get in early, but the junior market would only really start to benefit once majors instil investor confidence."