Rajya Sabha briefed on MoU for Interconnection and Supply Chains
Strategic collaboration between India and Saudi Arabia can help both countries leverage each other’s capabilities to foster growth of Green Hydrogen ecosystems, Minister for New & Renewable Energy and Power R. K. Singh has told Rajya Sabha 12 Dec 2023.
He informed that the India-Saudi Arabia MoU, signed 10 Sept 2023, envisages cooperation in the field of Hydrogen, Electricity and Grid Interconnection between the two countries, Renewable Energy, Energy Efficiency, Petroleum, Natural Gas, Strategic Petroleum Reserves and Energy Security.
Further, India and Saudi Arabia have signed an MoU in the fields of Electrical Interconnection, Green and Clean Hydrogen and Supply Chains on 8 Oct 2023.
This strategic collaboration is expected to be advantageous for both countries, as they can leverage each other’s capabilities to foster the growth of Green Hydrogen ecosystem within their respective nations, he elaborated. fiinews.com
