The Cabinet on Wednesday gave its ex-post facto approval to two separate memorandum of understandings (MoUs) with France and Morocco for cooperation in the field of renewable energy.
"The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) signed between India and France in the field of Renewable Energy on March 10, 2018 in New Delhi," an official statement said.
Both sides (India and France) aim to identify research/ demonstration/ pilot project between National Institute of Solar Energy (NISE), India and Commissariat a I'Energie Atomique et aux Energies Alternatives (CEA), France in the mutually identified areas. Based on mutual agreement, both parties will work for implementation & deployment of pilot project in ISA member countries.
Collaboration may occur through several means, including joint research projects, R&D, workshops, Research and Technology exchange, including exchange of domain experts.
The MoU also aims for exchange of expertise and networking of information, it added, saying that the MoU will help in strengthening bilateral cooperation between the two countries.
"The Union Cabinet...has given its ex-post facto approval for the MoU between India and Morocco on India-Morocco Cooperation in Renewable Energy. The MoU was signed on April 10, 2018 in New Delhi," according to an another statement.
Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit, equality and reciprocity, it said.
The MoU envisages to establish a Joint Working Committee to review, monitor and discuss matters relation to areas of cooperation. The MoU aims for exchange of expertise and networking of information. It will help in strengthening bilateral cooperation between the two countries, the statement added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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