Cabinet Okays India, Hellenic Deal on Renewable Energy By Manu Tayal/ Updated On Thu, Mar 8th, 2018 Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and Hellenic on co-operation in renewable energy. Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis of mutual benefit equality and reciprocity. The MoU envisages establishing a Joint Working Group to review, monitor and discuss matters relating to the areas of cooperation. It also aims for exchange of expertise and networking of information. The MoU was signed by the External Affairs Minister, Government of India, Sushma Swaraj and H.E. Nikos Kotzias, Minister of Foreign Affairs of the Hellenic Republic during the latter’s visit to New Delhi in November, 2017. Tags: Hellenic, India, Nikos Kotzias, Renewable Energy, Sushma Swaraj