Japan's Jera launches Indian subsidiary
SUMMARY
Jera Energy India Private will play a role in various sectors, particularly focusing on the LNG value chain and renewable energy initiatives.
By Shardul SharmaPOSTED IN:
Japanese joint venture Jera on April 25 announced the commencement of full operations of its Indian subsidiary, Jera Energy India Private.
Jera Energy India Private will play a role in various sectors, particularly focusing on the LNG value chain and renewable energy initiatives. The subsidiary's mandate encompasses a wide spectrum of activities, ranging from information-gathering on LNG procurement to the development of projects related to power generation, renewable energy, green hydrogen, and ammonia.
“India is an important market for the development and expansion of businesses related to renewable energy, green hydrogen and ammonia production in the Asian region, as it has set out a national hydrogen mission and launched various support programs related to green hydrogen and ammonia production,” Jera said.
Since 2017, Jera has been investing in ReNew, an independent renewable energy company in India. Through this partnership, both entities have collaborated on the joint development of green ammonia production projects.
“Jera Energy India has been established to widen business opportunities in the Indian market, which is expected to continue to grow in the future,” Jera added.
Jera is a joint venture between Tepco and Chubu Electric and Power and is one of the world's biggest players in the LNG market.
