The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given approval for the 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
- To 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 Memorandum of understanding will also help in strengthening bilateral cooperation between the two countries.