Goa explores Rs 5,000 crore JICA loan to upgrade power infrastructure

Goa is considering a Rs 5,000 crore loan from the Japan International Cooperation Agency (JICA) to modernise its electricity network and improve reliability and efficiency across residential, commercial, and industrial consumers.

The funding would support the replacement of ageing transmission and distribution equipment, including substations, transformers, and distribution lines, aiming to reduce technical losses and strengthen overall system performance.

A key objective of the project is to integrate renewable energy sources. The upgraded network will allow better absorption of solar and other clean energy generation, supporting Goa’s low-carbon energy targets.

The loan also aims to enable advanced grid management. Deployment of smart meters, automated controls, and real-time monitoring systems is expected to optimize energy distribution and improve operational efficiency.