Cabinet approves MoU between India and Belgium for Energy

The government approved an agreement with Belgium for cooperation in development of new and renewable energy technologies. "The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a Memorandum of Understanding which has been signed between Indian and Belgian government authorities at the Federal and regional level for energy," an official statement said. The objective of the Memorandum, it added is 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 areas of cooperation will focus on development of new and renewable energy technologies in the field of wind energy, biomass, solar (thermal and photovoltaic), smart grids, geothermal energy, marine energy, contribution of renewables to diversification of supply and energy security, and any other mutually agreed areas," the statement said. The MoU will help in strengthening bilateral cooperation between the two countries, it added.