But this is not specific to a single political party but runs across party lines.

If you do a rational and factural analysis why political parties in India love thse mafiosos and gangsters you can see that

1) These gangsters win elections using their muscle and money power which is the most important thing in winning power of political parties.Who cares if you win by hook or crook

2) The first past the post system means that a person might win with less than 20% of the votes.This means that gangsters can win a small percentage through intimidation

3) In India, election wins are still won by caste and ethnic identities so criminals can win by winning the support of their caste

4) Gangsters can intimidate good candidates from running away using violence

Note the Indian solar projects are growing continuously and with the possible additoin of 1000 mw of solar energy in 2012 we will see much larger solar installations with 100 MW solar farms being planned.Besides solar thermal power plants are bigger in size in general.While the growth of big solar installations is good, India really needs to move to rooftop small solar installations and off grid solar promotion.

US Solar Projects including the 1000 MW Blythe Solar Project is now available for solar developers,installers at fire sale prices.The Insolvency Administrator is looking to sell parts and the whole of the solar project business of Solar Millennium and its US subsidiary Solar Trust of America.Note before filing of bankruptcy,the solar project developer had around 2000 MW of solar projects in the pipeline.

China adds around 100 GW of Electric Power Capacity each year to meet the growing energy demands of its population.Most of it is thermal power which is becoming costlier besides the dangerous disadvantages of coal.China has been trying to increase its hydro and nuclear power capacity,but nuclear energy has recived a setback with Fukushima.Solar Power in China is also increasing but it will take time as well to satisfy the electricity deficit.China is already the largest wind power market in the world installing almost 50% of the wind capacity in 2010.It intends to keep up the furious pace of wind turbine installations at around 25 GW per year for the next 35 years to reach 1000 GW by 2050.China already has around 7 of the top 15 wind turbine producers.However a vicious price war has thrown a lot of the wind producers into bankruptcy.

LDK Solar is one of the most insolvent companies in the world right now with billions of dollars in debt,a battered balance sheet,continuing losses and dodgy accounting.However LDK has acquired a German company Sunways and continues to build new solar power plants as the Chinese state owned banks continue to fund it with cheap money without any consideration about losing their investments.LDK has become the poster boy of the Solarworld complaint against Chinese solar panel producers as it continues to run and thrive despite being insolvent.The Chinese government is hurting itself and its other solar companies like Trina,Yingle which are more competitive by continuing to support and increase the global glut of cheap solar panels.These solar panels are being clearly sold at below cost as most of the companies would be bankrupt without these absurd loans which make no free market sense

The Indian Private Equity Industry was on a high for the past few years with a new PE fund being opened every few months by PE veterans.The global interest in the Indian economy had been very high given the growth potential.There was a lot of money waiting on the sidelines to take part in the Indian growth story.Most of the PE performance till then had been very good given a rising tide lifts all boats.However the recent year has not been that good.More than one PE manager has had to shutdown given the lack of funding while others have found it difficult to exit given the bad stock market conditions.