Government approves of India’’s membership with IRENAJanuary 29th, 2009 - 6:15 pm ICT by ANI
New Delhi, Jan 29 (ANI): The Union Cabinet has agreed on the proposal for India joining the International Renewable Energy Agency (IRENA), and contributing 112,500 US dollars for it in the first year.
The membership with this world body will enable India to create partnerships with several other member countries to speed up the development and deployment process inRenewable Energy technologies.
In June 2007, the Federal Republic of Germany proposed to create International Renewable Energy Agency, an inter-governmental agency, which an object of development and deployment of renewables at a global level, which also includes cooperation in terms of technology transfer and joint research, and development of renewable energy technologies.
Agreeing with IRENA”S objectives, India has decided to become its the founding member.
Development of renewables with the support of strong nations is expected to have a positive impact on the country’’s energy security position. (ANI)
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