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Approved: India-Japan Steel and Coal Pacts

Japan to help make high-grade steel

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Japan to help make high-grade steel

 

Nippon Steel.
Nippon Steel – the symbol of high grade Japanese steel.

The Cabinet  has approved for signing the Memorandum of Cooperation (MoC) to constitute the ‘India-Japan Steel Dialogue’ to strengthen cooperation in steel sector and coal MoU.

The Dialogue envisages enhancement of mutual understanding to secure sustainable growth in the steel sector.

The Dialogue aims to examine all aspects of cooperation in steel sector including promotion of investment in high grade steel making and finding new avenues of steel usage in India.

The MoC will help in capacity building for high grade steel manufacturing in India.

The Cabinet has also approved the signing of Memorandum of Understanding between on Japan-India cooperation for Efficiency and Environmental Improvement for Sustainable, Stable and Low-Carbon supply of Electricity.

It will be signed Central Electricity Authority, India and Japan Coal Energy Centre.

This MoU will provide an enabling framework to address issues and barriers in expediting sustainable, stable and low carbon thermal power development by means of studies, training program and knowledge-sharing activities, outcomes of which are to be conducive to overall power development in India as well as to expedite relevant policy implementation by the Indian Government, said the Cabinet on 11 Dec 2019. fiinews.com

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