India and the United Arab Emirates (UAE) are close to a 'major agreement' on a renewable energy interconnection between the two countries, India's Minister of Power and New and Renewable Energy said on Sunday.
Indian Minister of Power and New and Renewable Energy Raj Kumar Singh attends the G20 Energy Transitions Ministerial Meeting in Nusa Dua, Bali, Indonesia, September 2 2022. Made Nagi/Pool via REUTERS
"There is a major agreement for an interconnection between the UAE electricity grid, and the Indian grid," Singh said, adding that this would be under the One Sun, One World, One Grid initiative by a group of countries to create renewable energy networks.The OSOWOG initiative, first proposed by Indian Prime Minister Narendra Modi, aims to transfer renewable energy power through connecting grids.
The UAE's Ministry of Foreign Affairs and International Cooperation declined to provide an immediate comment.with India that aims to increase bilateral non-oil trade to $100 billion in the next five years.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
India, UAE close to deal on renewable electricity grid link -Indian ministerIndia and the United Arab Emirates (UAE) are close to a 'major agreement' on a renewable energy interconnection between the two countries, India's Minister of Power and New and Renewable Energy said on Sunday.
Les mer »
UAE's Jaber says COP28 should be practical, leave no one behindThe United Arab Emirates wants the COP28 climate conference it is hosting this year to be practical and show solidarity between the global north and south that 'leaves no one behind', the country's oil chief and designated COP28 president said.
Les mer »
Qatar, UAE energy ministers say gas will be needed for long timeThe world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition, energy ministers of Qatar and the United Arab Emirates said on Saturday.
Les mer »
More investment needed to ensure affordable natural gas: Qatar, UAEQatar is one of the world's top producers of liquefied natural gas, and UAE is an OPEC oil producer that is sharpening its focus on the gas market as Europe seeks to replace Russian energy imports after its incursion into Ukraine.
Les mer »
UAE energy minister: OPEC+ faces volatility in oil markets both in supply and demandOPEC+ is facing 'volatile prospects' in oil markets both in supply and demand, UAE energy minister Suhail al-Mazrouei told Asharq TV on Saturday.
Les mer »
UAE energy minister: OPEC+ faces oil market volatility in both supply and demandOPEC+ is facing 'volatile prospects' in oil markets both in supply and demand, UAE energy minister Suhail al-Mazrouei told Asharq TV on Saturday.
Les mer »