Panasonic says MP a perfect location for renewable energy
Promises investment in 2 years
Bhopal, October 3, 2015 (Muslim Saleem): The Ministry of Trade and Industry, Japan has agreed to promote Japan Industrial Township at Pithampur near Indore. The Chief Minister Mr. Shivraj Singh Chouhan signed an agreement with the Minister of Trade and Industry, Japan for cooperation to promote Japanese investment in Madhya Pradesh on fourth day of his Japan visit. Minister for Industries Mrs. Yashodhara Raje Scindia and senior officers were present. Mr. Chouhan had fruitful discussions with Executive Vice President of Panasonic Corp Mr. Yoshihiko Yamada about investment plans to harness renewable energy. Describing Madhya Pradesh as perfect location to generate renewable power, Mr. Yoshihiko Yamada apprised Mr. Chouhan of the company’s solar energy projects designed for Madhya Pradesh. He said that the company will invest in this sector in coming two years. He also informed that feasibility studies will be conducted for 100 MW by end of 2016 and additional 100 MW in 2017 with an investment of 250 million USD.