Cabinet Clears India-France Renewable Energy Deal

Moreover, the technical cooperation will cover joint research working groups, pilot projects, capacity building programs, study tour, case studies and the sharing of experience/expertise.

The government has approved the deal signed between India and France to further strengthen the technical bilateral cooperation in new and renewable energy.

The decision was taken by the Union Cabinet chaired by Prime Minister Narendra Modi.

According to an official statement, “The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and France on technical bilateral cooperation in the field of new and renewable energy. The MoU was signed on 3rd October, 2018.”

The move has come as both the countries aimed at establishing the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit, equality and reciprocity.

Moreover, the technical cooperation will cover joint research working groups, pilot projects, capacity building programs, study tour, case studies and the sharing of experience/expertise.