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Pradeep Kumar

04/03/21 11:19 AM IST

MoU between India and France on Renewable Energy Cooperation

In news

Memorandum of Understanding (MoU) between India and French Republic in the field of renewable energy cooperation

Objective

The objective of the MoU is to establish the basis for promotion of bilateral cooperation in the field of new and renewable energy on the basis of mutual benefit, equality and reciprocity. 

The MoU entails

  • Exchange and training of scientific and technical personnel;
  • Exchange of scientific and technological information and data;
  • Organization of workshops and seminars; transfer of equipment, know-how and technology;
  • Development of joint research and technological projects.
Significance

This MoU will help in the development of technological know-how in the field of Renewable Energy and thereby aid the process of attaining the ambitious target of 450 GW of installed Renewable Energy capacity by 2030.

Source: PIB

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