Japan to anounce investments in India during PM Noda's visit
26 Dec 2011
India and Japan are expected to finalise three major infrastructure projects on solar power, seawater desalination and gas-fired energy production during the forthcoming visit of Japanese Prime Minister Yoshihiko Noda to New Delhi.
The three projects, with the participation of Japanese companies are part of a bilateral initiative agreed in 2006 for the Delhi - Mumbai Freight Corridor project, with industrial complexes along the rail corridor, or the Delhi-Mumbai Industrial Corridor. news agency.
According to Kyodo news agency, the accord between Noda and Prime Minister Manmohan Singh is help Japanese public and private sectors to export infrastructure systems to boost Japan's economic growth.
Under the solar power generation system project, Hitachi Ltd. and the government-linked New Energy and Industrial Technology Development Organization plan to operate the system on a trial basis, supplying power to industrial parks.
Hitachi will also team up with trading house Itochu Corp. and the city government of Kitakyushu, which provides technical expertise to foreign governments on building water supply systems, in a project in India that involves seawater desalination and building an industrial water supply network.
Mitsubishi Corp., another trading company, and Mitsubishi Heavy Industries Ltd., plan to develop a gas-fired power generation project in areas where electricity supply is tight.