Union Cabinet approves MoU between India and UAE in field of Energy Efficiency Services
The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and United Arab Emirates (UAE) to provide various services in the field of energy management and conservation.
The MoU was signed between the National Productivity Council (NPC), an autonomous body under the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce and Al Etihad Energy Services UAE.
Key Facts
- Under the MoU, the NPC will provide the following services: (i) Energy Assessment Services (ii) Training & Certification of Energy Auditors (iii) Demand Side Management.
- Meanwhile, Al Etihad ES will provide (i) Customer Support with UAE Government and Private owned organizations in the UAE (ii) Local support for Field Auditing Professionals (iii) local support for Training & Certification of Energy Auditors (iv) Support related to Demand Side Management of industries.
- The MoU will enable NPC avail high value opportunities such as energy building and develop institutional mechanism in area of energy efficiency in Dubai and other GCC member countries.
- It will provide recognition and exposure to further build NPC’s capacities and competencies in rapidly changing international business scenario.
- The MoU will be precedent for NPC’s engagements with other International collaboration partners and will enhance its visibility in arena.
Month: Current Affairs - March, 2017