India has inked a pact with the US to enhance
cooperation in energy security and climate change with an aim to
promote sustainable growth.
A Memorandum of Understanding (MoU) between the Government of India and the United States was signed in New Delhi today to enhance cooperation in energy security, clean energy and climate change, the power ministry said in a statement.
Power Secretary PK Pujari and US Ambassador to India Richard R Verma signed the MoU.
The objective of the pact is to boost energy ties between the two countries through increased bilateral engagement and further joint initiatives.
These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, as well as the deployment of clean energy technologies in both countries.
They will also contribute to a global effort to curb the rise in greenhouse gas emissions and enhance resilience to the impacts of climate change, the statement said.
The priority initiatives under the MoU would be US-India Energy smart Cities Partnership, greening the grid, promoting Energy Access through Clean Energy (PEACE) expansion, energy efficiency including space cooling, renewable energy, energy security, clean energy finance and US-India partnership for Climate Resilience, among others.
A Memorandum of Understanding (MoU) between the Government of India and the United States was signed in New Delhi today to enhance cooperation in energy security, clean energy and climate change, the power ministry said in a statement.
Power Secretary PK Pujari and US Ambassador to India Richard R Verma signed the MoU.
The objective of the pact is to boost energy ties between the two countries through increased bilateral engagement and further joint initiatives.
These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, as well as the deployment of clean energy technologies in both countries.
They will also contribute to a global effort to curb the rise in greenhouse gas emissions and enhance resilience to the impacts of climate change, the statement said.
The priority initiatives under the MoU would be US-India Energy smart Cities Partnership, greening the grid, promoting Energy Access through Clean Energy (PEACE) expansion, energy efficiency including space cooling, renewable energy, energy security, clean energy finance and US-India partnership for Climate Resilience, among others.
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