In a move towards taking forward the Andhra Pradesh (AP)-Japan collaboration, Japanese-based Fuji Electric was said to have identified a site in Vijayawada, AP capital, for the smart grid project.
An official confirmation in this regard was given by Fuji Electric Representative Director Yoshio Okuno, in a review meeting with the AP Chief Minister (CM) N Chandrababu Naidu, on Monday.
In a meeting with the AP CM, Fuji Electric representatives report covered analysis on weather conditions, wind direction and correlation between weather and power demand in Vijayawada.
The AP CM, who is on four-day visit to Japan, was said to have started off meetings firstly with Fuji Electric executives, where he was said to have reviewed the teams field studies over smart grid project in Vijayawada.
The project in Vijayawada will be taken up on a pilot basis. However, the main project will be concentrated in the state capital.
During his Japan visit in November 2014, the AP CM had invited Fuji Electric to do a feasibility report for a smart grid project in Vijayawada.
The AP CM, on his four-day visit, is also expected to hold meetings with other Japanese companies/investors to finalize investment proposals, which they had made during his last visit to Japan in November 2014.
In March 2015, 30 Japanese delegates and 100 participants from Japanese energy companies had participated in a day-long Indo-Japan seminar on Expanding Technology Cooperation for Smart Community in Andhra Pradesh, thus, reverberating Japans interest to do business with AP.
Besides other Indian States, AP is exceptional for making investments and its fast bureaucratic procedures, easy land-related clearances for setting up industries and a better energy infrastructure scope, make it a better place for investments Ken Sasaji, Executive Director, Ministry of Economy, Trade and Industry, had told The Dollar Business, speaking on the sidelines of the AP-Japan seminar.
He had also expressed hope that the Japanese companies in coordination with the State government and its companies will deliver a well-developed smart capital for the State.
Source: The Dollar Business
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