9th India-Japan Energy Dialogue held in New Delhi – Both agrees to initiate the discussion on Electric Vehicles

0
1122
The Minister of State (I/C) for Power and New and Renewable Energy, Shri Raj Kumar Singh and the Minister of Economy, Trade and Industry, Japan, Mr. Hiroshige Seko exchanging the Joint Statement, at the 9th Japan-India Energy Dialogue, in New Delhi on May 01, 2018.
The Minister of State (I/C) for Power and New and Renewable Energy, Shri Raj Kumar Singh and the Minister of Economy, Trade and Industry, Japan, Mr. Hiroshige Seko exchanging the Joint Statement, at the 9th Japan-India Energy Dialogue, in New Delhi on May 01, 2018.
9th India-Japan Energy Dialogue held in New Delhi; both countries agree to work together for energy security, energy access, and climate change issues 

Both countries agree to initiate the discussion on Electric Vehicles (EVs) and commit to working together in promoting well-functioning energy markets

The 9th India Japan Energy Dialogue was held in New Delhi, today. Minister of State(IC) for Power and New &Renewable Energy, Shri R.K Singh, and Minister of Economy, Trade and Industry (METI) Mr. Hiroshige Sekosigned a Joint Statement at the conclusion of the meeting.

Both Japan and India, as the third and the seventh largest economies respectively, recognized that having access to reliable, clean and economical energy is critical for their economic growth and in achieving this, both Ministers agreed on further strengthening of bilateral energy cooperation for energy development of both countries, while also contributing to worldwide energy security, energy access and climate change issues.

Both India and Japan with a view to implementing Nationally Determined Contributions (NDCs) under the aegis of the United Nations Framework Convention on Climate Change (UNFCCC) recognized the importance of development and deployment of next generation technologies including hydrogen to realize de-carbonization.

Both India and Japan appreciated the relevance of the grid stability given the high penetration of variable renewable energy. Both countries agreed to initiate the discussion towards the development of Electric Vehicles (EVs) by collaborating with “Policy dialogue on next generation/Zero emission vehicles”.

Both India and Japan reiterated the continued importance of coal-based electricity generation in the energy mix in both the countries and also agreed to promote the cooperation on environmental measures for coal-fired power plants.

Both India and Japan further confirmed their commitment to work together in promoting well-functioning energy markets and affirmed to promote transparent and diversified Liquefied Natural Gas (LNG) market through the relaxation of destination clause.

LEAVE A REPLY

Please enter your comment!
Please enter your name here