Subsidies for grid power: $24m Japanese grant

The government of Japan, through the Japan International Cooperation Agency, is set to provide a new grant of 2.635 billion yen ($23.653 million) to reinforce the country’s capacity to avoid the risk of large-scale power outages by allowing a stable supply of electricity.

The grant is for the third phase of what is known as the Project for Improvement of Substations and Distribution Network.

After the achievement of the first and second phases, the third will strengthen the capacity to avoid the risk of a large-scale power outage by enabling a stable supply of power.

Full article: The New Times




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