India, Japan ink pact for power generation, tourism promotion

Image
Press Trust of India New Delhi
Last Updated : Jan 25 2014 | 10:21 PM IST
India and Japan today inked as many as eight agreements on areas like promotion of tourism, enhancing energy efficiency in telecom towers and power generation in the country.
The pacts were signed during the visit of Japanese Prime Minister Shinzo Abe, who will be the chief guest for the Republic Day Parade tomorrow.
Japan Bank for International Cooperation (JBIC) has signed two pacts with NTPC. Under the agreements, JBIC would provide "soft loan" for NTPS' Kudgi Power Plant and "loan" for NTPC's Auraiya Power Plant.
A Memorandum of Cooperation was signed between the Bureau of Indian Standards and Japanese Industrial Standards Committee to harmonise standards between the two countries.
Aiming at enhancing energy efficiency in telecom towers, an MoU was inked between New Energy and Industrial Technology Development Organisation Japan and Department of Economic Affairs, Ministry of Communication & Information Technology, Ministry of New and Renewable Energy on a model project for energy management systems in telecom towers in India.
To help implement bilateral science and technology exchanges, an implementing arrangement was inked between the Ministry of Education, Culture, Sports, Science & Technology of Japan and the Department of Science & Technology of India.
Both the sides also exchanges notes on Overseas Development Assistance (ODA) loan for Uttarakhand Forest Resource Management Project. The project is financed by Japanese Official Development Assistance.
Further, exchange of notes took place between the two sides for improvement of the Institute of Child Health and Hospital for Children in Chennai.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 25 2014 | 10:21 PM IST

Next Story