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India, Saudi Arabia sign MoU on power interconnection

News On Time Desk 09 October 2023

New Delhi: India and Saudi Arabia have signed an MoU in the field of electrical interconnection, green and clean hydrogen and power supply. The agreement was signed during the session of the Middle East and North Africa Climate Week -MENA in Riyadh. India's Union Minister for Power and Renewable Energy R. Of. Singh and Saudi Arabia's Energy Minister Abdul Aziz bin Salman Alsaud signed the agreement.

The objective of this agreement is to maintain the supply of electricity, green and clean hydrogen and renewable energy production and related equipment between the two countries. It has also been decided that there should be regular organization of B2B business summits and exchanges between the two countries.

Earlier, an Indian delegation led by Shri Singh participated in the Climate Week. Also addressing a session on global responsibilities regarding the Paris Agreement regional dialogue, Shri Singh said that India is taking important steps towards minimizing the problem caused by pollution emissions and will completely address this problem by the year 2070. Will control.