36 C
Wednesday, April 14, 2021

Cabinet okays India-France MoU on renewable energy

- Advertisement -

New Delhi, Mar 3 (IANS): The Union Cabinet on Wednesday gave its nod to the Memorandum of Understanding (MoU) between India and France to achieve the ambitious 450 gigawatts (GW) renewable energy capacity by 2030.

The pact is in line with Prime Minister Narendra Modi-led Central government’s aim to achieve the goal of 175 GW of renewable energy before the target of 2022, and 450 GW by 2030.

Addressing a G20 virtual summit in November last year, Modi had made the announcement.

The MoU was signed in January this year with its objective to establish the basis for promotion of bilateral cooperation in the field of new and renewable energy on the basis of mutual benefit, equality and reciprocity.

READ ALSO:  Covid vaccine likely by early 2021; for old, high-risk first: Harsh Vardhan

The pact covers technologies relating to solar, wind, hydrogen and biomass energy. It entails exchange and training of scientific and technical personnel; exchange of scientific and technological information and data; organization of workshops and seminars; transfer of equipment, know-how and technology; and development of joint research and technological projects.

This MoU will help in the development of technological know-how in the field of renewable energy and thereby aid the process of attaining the ambitious target of 450 GW of installed renewable energy capacity by 2030.

READ ALSO:  Campuses can''t become ''political addas'': HRD Minister
India Updates
India Updates is an independent news & Information website. Follow us for regular updates on News and Information.

Follow Us On

Related News


Please enter your comment!
Please enter your name here

Trending Topics In India

Covid 19 India Updates

Trending News In India

Trending Showbiz

Trending Sports

Latest Trending News In India