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Mitsubishi may invest in India's infrastructure

November 28, 2005 14:04 IST

Mitsubishi Corporation of Japan is considering investments in India's infrastructure sector including power, ports and airports.

"We are very much interested in investing in the infrastructure sector in India. This sector has great potential," Mitsubishi Corporation corporate advisor Takuma Hatano told PTI.

"We are looking at investing in India seriously that is why we are here. We just want the policies regarding public-private partnerships to be more clearer," Hatano said.

The risk-sharing clause in any PPP project was not very clear and as the company is interested in investing in power sector, Hatano expressed apprehensions regarding the tariff structure and subsidies.

Free power to farmers and tariff structure needs to be revised to attract foreign investment, he said.

Hatano raised the issue of risk-sharing with Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday.

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