"Some Japanese companies have also indicated that they would be interested in financing UMPPs if we could have some portion of tariff indexed to a basket of currencies or a particular currency, which could mean much larger financing from international sources at a lower rate of interest with longer tenure and cheaper power," the minister said.
"Anything which helps me reduce power tariff, I am willing to consider."
He was speaking to reporters here in Tokyo on the sidelines of the 8th India Japan strategic energy dialogue.