Cabinet Okays Host Country Pact between India and ISA

The Headquarters Agreement will institutionalize the functional arrangements between India and ISA.

ISA

The Union Cabinet has provided its approval for entering into the ‘Host Country Agreement’ between India and the International Solar Alliance (ISA).

The Cabinet in its notification said, “The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for entering into Headquarters/ Host Country Agreement between India and the International Solar Alliance (ISA).”

Also, it has authorized the Ministry of External Affairs (MEA) for signing the Headquarter Agreement. The Agreement was signed on March 26, 2018.

Moreover, the Headquarters Agreement will institutionalize the functional arrangements between India and ISA.

The move will give ISA a juridical personality and gives it power to contract, to acquire and dispose off movable and immovable properties, to institute and defend legal proceedings.

As per the pact signed, ISA shall enjoy such privileges, applicable tax concessions and immunities as are necessary for ISA’s Headquarter to independently discharge its function and programmes.

ISA shall be deriving its status, privileges and immunities as per Article 10 of the Framework Agreement.

Meanwhile, creation of ISA will lead to accelerated solar technology development and deployment in ISA member countries including India.

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Manu Tayal

Manu is an Associate Editor at Saur Energy International where she writes and edits clean & green energy news, featured articles and interview industry veterans with a special focus on solar, wind and financial segments.

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