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Union Cabinet approved MoU with Mozambique for cooperation in renewable energy

The memorandum aims at establishing a cooperative institutional relationship to encourage and promote technical bilateral cooperation, investment promotion and partnership on new and renewable energy issues.

Oct 15, 2015 15:17 IST
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The Union Government on 14 October 2015 approved a Memorandum of Understanding (MoU) between the Ministry of New and Renewable Energy, India and Mozambique.

The agreement was inked between the Ministry of New and Renewable Energy of the Government of India and the Ministry of Mineral Resources and Energy, Government of Mozambique in New Delhi on 5 August 2015.

Highlights of the MoU

• The agreement aims at establishing a cooperative institutional relationship to encourage and promote technical bilateral cooperation, investment promotion and partnership on new and renewable energy issues on the basis of mutual benefit, equality and reciprocity.

• The focus will be on the development of new and renewable energy technologies in the field of conducting on-the-job and specialized training courses on renewable energy field, research & development and of technology transfer in renewable energy.

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