Japan said on Friday that unstable power supply was among the biggest investment barriers in India. The development comment comes ahead of Japanese Prime Minister Shinzō Abe’s India visit next month during which discussions on bilateral discussions on cooperation in the energy sector would get priority.
Incidentally, Japan had commited to develop mega-industrial corridors and high-speed rail network in India through financial aid and technology transfer. These projects would require uninterruptible power supply. “the problem of unstable power grid is still one of the biggest investment barriers in India,” said Japanese Ambassador to India Kenji Hiramatsu. He said the Japanese system using solar cells and micro-grid control technology could provide solution to this. He was speaking after opening a solar power plant here.at Neemrana in Rajasthan. problem. He was speaking at the inauguration of a solar power plant at Neemrana in Rajasthan. The plant is part of the $100 billion-Delhi Mumbai Industrial Corridor (DMIC) project – being set up with the Japanese government’s help. The DMIC is an initiative under the ‘Japan-India Special Strategic Partnership’.
Mr Hiramatsu cited the example of Mikuni Corporation (a Japanese company) operating in Neemrana and manufacturing critical auto-components that directly affect automobiles’ performance and safety, to say, “in order to make such precision parts, obviously, stable power supply is indispensable.” Read More…
Credit By : The Hindu
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