Cabinet Apprised of India-Guyana MoU on Clean Energy

The move has come as both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit, equality and reciprocity.

The Union Cabinet has apprised of an Memorandum of Understanding (MoU) between India and Guyana on cooperation in renewable energy.

According to an official statement, “The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on cooperation in Renewable Energy between India and Guyana.”

The MoU was signed on January 30, 2018 in New Delhi by R. K. Singh, Power and New and Renewable Energy Minister and Carl B. Greenidge, 2nd Vice President and the Foreign Minister of the Co-operative, Guyana.

The move has come as both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit, equality and reciprocity.

Further, the MoU envisages establishing a Joint Working Committee to review, monitor and discuss matters relation to areas of cooperation. The MoU aims for exchange of expertise and networking of information.

The Memorandum of Understanding will help in strengthening bilateral cooperation between the two countries.