India

Devendra Fadnavis welcomes Japan’s power generation company ‘JERA’ to invest in Maharashtra

Devendra Fadnavis, the deputy chief minister of Maharashtra, met with representatives of one of the largest power generation companies, “JERA,” which made an investment in the country’s renewable energy sector in 2016. He welcomed the company to make another investment in Maharashtra. Fadnavis met with JERA’s Senior Management representatives Tsuyoshi Oyama, General Manager, Head of Hydrogen and Ammonia Upstream Business Unit, Toshihiro Oki, Executive Officer, Head of Renewable Energy Business Group, and Yuichiro Kato, Executive Officer, Head of the Low Carbon Fuel Value Chain Division.

The officials briefed Fadnavis about JERA business in Japan and globally.
“JERA was created through the consolidation of the fuel and thermal power departments of the Tokyo Electric Power Company and the Chubu Electric Power Company. They have total assets of JPY 8.7 trillion / USD 60 bn. They are one of the largest power generators in Japan with installed capacity of more than 70 GW. They invested in the Indian renewables power production space in 2016 and continue to be a partner,” Fadnavis wrote on X.
The company officials expressed their “strong desire to explore investment and partnership” with the Government of Maharastra in areas of Green Hydrogen and Ammonia, Renewable Energy and LNG.

He continued, “This is consistent with their vision of having zero CO2 emissions by 2050.” Senior Maharashtra government officials delivered a presentation on the state of Maharashtra’s green hydrogen policy.

Sagarika Gautam

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