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India-IEA sign a Framework for Strategic Partnership

Fiinews by Fiinews
January 27, 2021
in Contract, Power
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Partnership to build on Clean Energy Transitions Programme

India has signed a Framework for Strategic Partnership with the International Energy Agency (IEA) on 27 Jan 2021 which will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of the IEA.

The contents of the Strategic partnership will be jointly decided by the IEA Members and India, including a phased increase in benefits and responsibilities for India as an IEA Strategic partner, and building on existing areas of work within Association and the Clean Energy Transitions Programme (CETP), such as Energy Security, Clean & Sustainable Energy, Energy Efficiency, Enhancing petroleum storage capacity in India, Expansion of gas-based economy in India etc.

The MoU was signed by Sanjiv Nandan Sahai, Secretary (Power) and IEA Executive Director Dr. Fatih Birol.

The IEA Secretariat will be responsible for implementation of the cooperative activities in India and for facilitating discussion between the IEA Members and India to further develop the Strategic Partnership.

The Indian Government endeavours to take necessary steps to encourage and promote strategic and technical co-operation in the energy sector in the identified areas noted above, through the Framework Agreement, said the Power Ministry. #power #IEA #renewables #solar #biofuel #OPEC /fiinews.com

Tags: International Energy AgencyMinistry of Power
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