India-France inked 16 pacts including chopper venture

India and France on 24 January 2016 inked 16 agreements at the India-France Business Summit in Chandigarh. The Memorandum of Understanding (MoUs) covered a wide range of sectors like urban development, urban transport, water and waste treatment and solar energy.

The agreements were signed in the presence of Prime Minister Narendra Modi and French President Francois Hollande, who began his three-day visit to India.

Hollande is the Chief Guest at the 67th India’s Republic Day (26 January 2016) celebrations. He is the fifth French leader to be a chief guest at India’s Republic Day celebrations, maximum number from any country so far.

The 16 agreements include
• MoU between AFD and Maharashtra on technical cooperation in the field of sustainable urban development for development of smart city in Nagpur.
• MoU between AFD and the Union Territory of Chandigarh on technical cooperation in the field of sustainable urban development for development of smart city in Chandigarh.
• MoU between AFD and the Union Territory of Puducherry on technical cooperation in the field of sustainable development for development of smart city in Puducherry.
• Wind Power Development Agreement between EDF JV with SITAC RE India to jointly explore opportunities for development of wind based power project in India.
• MOU between EPI ltd – Dassault Systèmes in urban sector development.
• MOU between EPI-Egis - urban sector development.
• MOU between EPI- Schneider Electric - urban sector development.
• MOU between EPI-Thales - urban sector development.
• MOU between EPI-EDF - urban sector development.
• MOU between EPI-Alstom - urban sector development.
• MOU between EPI-SA CAN - urban sector development.
• MOU between EPI-Lumiplan ITS India Pvt Ltd - urban sector development.
• MOU between EPI-POMA - urban sector development.
• Agreement between CEA (the French Alternative Energies and Atomic Energy Commission) and Green Ventures – Solar photo voltaic projects in the Indian rural areas (Varanasi, U.P.).
• Agreement between CEA (the French Alternative Energies and Atomic Energy Commission) and Crompton Greaves - To explore opportunities in Solar Photo Voltaic (PV) System with storage function for Indian Airports.
• Mahindra-Airbus cooperation to create the new private strategic partner for helicopters within the Make in India initiative.

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