Japan's KTD enters Indian energy market, picks 10% stake in OMC Power

Japanese firm Kansai Transmission and Distribution has invested Rs 160 crore for a 10% stake in OMC Power. This investment will boost OMC Power's 1 gigawatt renewable energy portfolio and smart grids business. The partnership aims to bring reliable, clean energy to communities across India. This marks Kansai Transmission and Distribution's first energy sector investment in India.