India inks MoU with US to enhance cooperation in energy security & other areas
Posted on:03 Jun 2016 09:14:10
03 June 2016 Current Affairs: India has signed a Memorandum of Understanding (MoU) with the United States to enhance cooperation in energy security, clean energy and climate change. The MoU will boost energy ties between the two countries through increased bilateral engagement.
The objective of the MoU is to boost energy ties between the two countries through increased bilateral engagement and further joint initiatives. It intends to increase incentives for innovation including R&D and voluntary and mutually-agreed technology transfer, as well as the deployment of clean energy technologies. It also seeks to contribute to a global effort to curb the rise in greenhouse gas (GHG) emissions and enhance resilience to the impacts of climate change.
Under the MoU, the priority initiatives are US-India Energy smart Cities Partnership, greening the grid, promoting Energy Access through Clean Energy (PEACE) expansion. It also includes energy efficiency including space cooling, energy security, renewable energy, clean energy finance and US-India partnership for Climate Resilience etc.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail