July 30, 2019
Bilateral meets sought to explore areas for cooperation between the nations in renewable power
India has undertaken various initiatives to meet the energy requirements in developing countries
India targeting to generate 40 per cent of total energy needs from non fossil fuel sources by 2030
India is promoting grid-linked renewable energy as well as clean energy storage infrastructure
India’s Union Minister of State for Power, New and Renewable Energy and Skill Development and Entrepreneurship, Shri RK Singh, held bilateral meetings with Madame Amina Moumouni, the Minister of Energy, Niger; Mr Marc Dederiwe Ably-Bidamon, Minister of Energy and Mines, Togo, and Mr Poasi Mataele Tei, Minister of Energy, Tonga, on July 30. The bilateral meetings were held on the sidelines of the first International Solar Alliance (ISA) Standing Committee Meeting hosted in New Delhi. On the occasion, the Ministers discussed various issues pertaining to ISA and the areas of bilateral cooperation that can be explored between India and these countries for managing their energy requirements.
Government of India has been pushing for the development of renewable energy assets to meet rising energy demand, both in domestic markets, as well as in developing countries around the world. India has also entered into several international agreements in this regard. India and Denmark for instance, are to partner in offshore wind energy projects and tap the vast wind potential offered by India’s coastal states like Tamil Nadu and Gujarat with capacity addition targets of 5 GW by 2022 and 30 GW by 2030. India and France have also signed an agreement on bilateral cooperation in new and renewable energy. India is also promoting grid-linked renewable energy as well as clean energy storage infrastructure.
The Government has undertaken various initiatives to meet the fast-rising energy requirements of the growing population of the country. In April 2019, India hosted more than 90 delegations, including 50 energy ministers, 30 CEOs, 12 heads of international organisations and more than 500 guests at the 16th biennial International Energy Forum Ministerial Meeting to facilitate dialogues and opportunities. The forum brought together industry experts to discuss relevant issues that currently affect the global energy markets. The Government is targeting to generate 40 per cent of the nation’s total energy requirements from non-fossil fuel-based sources by 2030. Herein the nation has seen growing investor interest.