India, Japan MoU on sustainable, stable and low-carbon thermal power development approved
Posted on: 26 May 2016 09:13:15
26 May 2016 Current Affairs: The Union Cabinet has gave ex-post facto approval to the MoU between Indian and Japan for promoting sustainable, stable and low-carbon thermal power development in India 25 May 2016 .
The Memorandum of Understanding (MoU) will help India in formulating suitable policies and developing technologies involved in producing sustainable, stable and low-carbon thermal power.
The agreement will support Clean Coal Technology (CCT) for thermal power plants such as Ultra Super Critical (USC) and other environmental technologies.
It will also explore possibilities for acquisition of carbon credits with bilateral or multilateral offset schemes that are anticipated to be materialized in the future as a result of low-carbon power development.
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