Japan Banks, companies interest Invest in India's energy sector

Some of the financial institutions with whom the minister had meetings are SMBC (Sumitomo Mitsui Banking Corporation), Mizuho Bank, BTMU (Bank of Tokyo Mitsubhishi UFJ), JICA, NEXI(Nippon Export & Insurance Investment), JBIC. "Most bankers expressed deep satisfaction at the growing importance that Japan places on Indo-Japanese Strategic Partnership and wish to participate in this engagement," the minister Piyush Goyal has said Japanese financial institutions have evinced keen interest in investing large amount of capital in various sectors including energy space in India.

"I had a very good interaction with six financial institutions and banks this afternoon... The high level of integrity and good governance that has been the focus of Prime Minister Narendra Modi has excited investors who wished to commit large amount of capital particularly for the energy sector," Goyal said here. The high level of integrity and good governance that has been the focus of Prime Minister Narendra Modi has excited investors who wished to commit large amount of capital particularly for the energy sector," Goyal said here. The minister also had a meeting with top executives of Japanese companies like JPower and Hitachi. He added that they have also expressed satisfaction that Indian discoms and the government have never defaulted "due to which they feel great deal of comfort with Indian government." They have expressed satisfaction that the government is taking proactive measures to resolve these He added that they have also expressed satisfaction that Indian discoms and the government have never defaulted "due to which they feel great deal of comfort with Indian government."

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