Cabinet approves MoU between India, Guinea in renewable energy

at 10:31 pm

New Delhi (NVI): The Union Cabinet on November 6, gave approval for the Memorandum of Understanding (MoU) between India and Guinea in the field of renewable energy.

The objective of the MoU is to establish the basis for a cooperative institutional relationship, according to an official statement.

Besides, it will also encourage and promote bilateral technical cooperation in the field of renewable energy on the basis of mutual benefit, equality and reciprocity between the parties.

Areas of cooperation include solar energy, wind energy, bio-energy, and waste to energy, small hydro storage and capacity build.

The agreement will also help in strengthening bilateral cooperation between the two countries, the statement added.