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.
Objective:
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.