The announcement was made during India-Japan summit

Jul 02, 2026

03:00 pm

What's the storyJapan has agreed to finance India's power grid with up to $492 million. The funding comes under the first project of its new POWERR Asia initiative, according to Nikkei Asia.

The announcement was made during the 16th India-Japan Annual Summit, where Prime Minister Narendra Modi and Japanese PM Sanae Takaichi discussed clean energy, infrastructure, and economic security cooperation.