India, Belgium ink renewable energy cooperation deal

Fri, 2015-11-06 10:47 -- SCC India Staff

Narendra Modi

India and Belgium have signed a new energy deal, an Memorandum of Understanding (MoU) that will help in strengthening bilateral cooperation between the two countries. 

According to a official release, the Centre - under the leadership of Narendra Modi, has approved a MoU which has been signed between Indian and Belgian government authorities at the Federal and regional level for energy. 

The objective of this MoU is to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit, equality and reciprocity. 

The areas of cooperation will focus on development of new and renewable energy technologies in the field of Wind energy, Biomass, Solar (thermal and photovoltaic), Smart grids, Geothermal energy, Marine energy, contribution of renewables to diversification of supply and energy security, and any other mutually agreed areas, the release added.

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