India, Peru Sign MoU on Co-op in New & Renewable Energy

The MoU aimed to establish the basis for a cooperative institutional relationship to encourage and promote bilateral technical cooperation in new and renewable energy on the basis of mutual benefit, equality and reciprocity between the two countries, it said.

India and Peru has signed a Memorandum of Understanding (MoU) for co-operation in the field of new and renewable energy.

The MNRE said in a statement that, “The Ministry of New and Renewable Energy of the Republic of India and the Ministry of Energy and Mining of the Republic of Peru having identified new and renewable energy as a common area of interest; and desiring to identify and establish cooperation activities between the Indian and Peruvian entities.”

The MoU aimed to establish the basis for a cooperative institutional relationship to encourage and promote bilateral technical cooperation in new and renewable energy on the basis of mutual benefit, equality and reciprocity between the two countries, it said.

Further, the areas of cooperation will focus on exchange and training of scientific and technical personnel; exchange of available scientific and technical information and data; organization of workshops, seminars and working groups; know-how and technology transfer in non-commercial terms; exchange of information on regulatory aspects of renewable energy; and other forms of cooperation as mutually agreed by the Parties.

Read the document for more information by clicking here.