During a joint meeting between the Department for Promotion of Industry and Internal Trade (DPIIT)) and Japan’s Ministry of Economy, Trade and Industry (METI) various ways to increase investments were discussed.
The Department of Industrial Policy and Promotion (DIPP) also said that the Japanese Ministry of Economy, Trade and Industry (METI) and Japan External Trade Organization (JETRO) will pursue collaboration with states to deepen partnership.
Waaree Energies Limited, a leading solar PV developer and manufacturer, is developing solar projects of 44 MW AC in Central Japan, under the feed-in tariff with Tokyo Electric Power at 36 Yen per KwH
During the recent visit of Prime Minister Narendra Modi to Japan, the country had offered to invest USD 33.5 billion over the next five years by way of public-private partnership and overseas development assistance.