A fourteen member Delegation from Finland led by Marja Rislakki, State Secretary Ministry of Employment & Economy of Finland met with an Indian delegation led by Lakshmi Panabaka, Minister of State, MoPNG Government of India on 15 April 2013.
The delegation from both countries during their meet identified several ideas of collaboration in sustainable development between the two countries for mutual benefits in the Oil and Gas Sector.
Some of the basic areas identified include
• Projects on Solar Energy applications for Oil & Gas Projects
• Projects on Solar Energy applications for Biofuels & Algae based biofuels research and water and waste water management
• Carbon capture & reformation
• Finland`s Green Growth & Groove programme for suitable application to Indian Scenario and Academic Institutions/Universities for collaborative R&D projects in areas of low carbon growth technologies and sustainable development.
Following the conclusions reached after the meet of the delegations it’s likely that a Memorandum of Understanding can be taken up between the Governments of the two countries in the near future. The collaboration between the two MoPNG and Finland Government can be in the areas of sustainable development for mutual benefits in accordance to the agreement, respective laws and regulation of the two nations.