- The MoU will enable cooperation in the global energy security sector.
- The MoU was signed between Sanjiv Nadan Sahai, Secretary of Ministry of Power, GOI and Executive Director of IEA, Dr Fatih Birol.
- Because of this agreement, India will be able to boost energy security cooperation with the major support from IEA member nations.
- India will now keep a focus on IEA’s Clean Energy Transition Programme (CETP), Energy Security, Stability and Sustainability and will also increase petroleum storage in the country.
- India will also be able to achieve its goal to become a gas-based economy.
- IEA will implement various activities for India with cooperation with IEA’s member nations in order to strengthen the strategic partnership.
- Static Part:
- HQ of IEA: Paris, France
Question:
a. United Nations Environment Programme
b. International Atomic Energy Agency
c. U.S. Energy Information Administration
d. International Energy Agency
