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Go to Content Please enable Javascript to use all functions. MENU CLOSE Inquiry Access Japanese Japanese Search Frequently searched keywords hydrogen fuel cell FH2R ammonia artificial intelligence News News News List Topics (Photo Gallery) Events Events Current Events Past Events Activities Activities Project Fields Energy Environment Mechanical systems Electronics and telecommunications Materials and nanotechnology Biotechnology International expansion support Global warming countermeasures Cross-sectoral proposal-based activities Industry-academia collaboration / human resource development Surveys, evaluations, and other activities Pickup Publications Publications Brochures Focus NEDO Reports NEDO　Channel About NEDO About NEDO Chairman's Message Budget Technology Development Fields NEDO's Initiatives--> Background Information Executives Organization Domestic offices Overseas offices Washington, D.C. Silicon Valley Bangkok Beijing Europe New Delhi Links Frequently searched keywords hydrogen fuel cell FH2R ammonia artificial intelligence Inquiry Access Home News Topics (2024 Jan.-Jun.) NEDO President YOKOSHIMA Attends "LOI Signing and Exchange Ceremony" in India. NEDO President YOKOSHIMA Attends "LOI Signing and Exchange Ceremony" in India. January 30, 2024 On January 10, 2024, NEDO President YOKOSHIMA Naohiko signed and exchanged a Letter of Intent (LOI) with Ms. Parminder Chopra, Chairman & Managing Director of Power Finance Corporation (PFC), a public financial institution under the India Ministry of Power, for supporting the demonstration project to build a “Micro substation” using Power Voltage Transformer (PVT). In this project, a micro substation using PVT will be installed in the suburbs of Delhi to directly convert extra high-voltage electricity to low-voltage so power can be supplied to the surrounding area. After reviewing the demonstration results, the project aims to scale up the technology to stably supply electric power to unelectrified areas. Nisshin Electric Co., Ltd., which has received a grant from NEDO, plans to initiate the demonstration project in cooperation with a local company, TATA Power Delhi Distribution Ltd. NEDO President YOKOSHIMA Naohiko and Ms. Parminder Chopra, Chairman & Managing Director of PFC exchanging LOI 　　　Top Terms of Website Use Privacy Policy New Energy and Industrial Technology Development Organization JCN（Japan Corporate Number） 2020005008480© New Energy and Industrial Technology Development Organization. All rights reserved.