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Japan's Chubu Electric to fund Indian 'mini-grid' startup

Utility eyes OMC's skill in bringing power equipment to underdeveloped areas

India's demand for power has grown along with its economy, but rural areas remain off the electricity grid.   © Reuters

TOKYO -- Japanese utility Chubu Electric Power is looking to invest in Indian startup OMC Power, which provides "mini-grids" to underdeveloped areas, Nikkei has learned.

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