Japan to fund pvt sector RE projects – EQ Mag
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New Delhi: Japan is looking at financing private sector renewable energy projects in India, the India head of the country’s development agency said in an interview. Saito Mitsunori, chief representative in India of JICA, or Japan International Cooperation Agency, said in an interview that so far the agency has provided lines of credit to state-run Indian Renewable Energy Development Agency Ltd (IREDA) and India Infrastructure Finance Company Ltd (IIFCL) for renewable energy capacity of 8 GW.
Now, with a strong focus on renewable energy in the country, the agency plans to finance projects in the private sector as well. Mitsunori also said that JICA recently signed an MoU for developing four railways stations along the Mumbai-Ahmedabad bullet train route. These are Sabarmati and Surat in Gujarat, and Virar and Thane in Maharashtra.
Source: livemint
