The Union Cabinet has given its approval to a Memorandum of Understanding (MoU) signed between India and BRICS (Brazil, Russia, China and South Africa) countries for energy conservation.
The MoU provides for
Joint scientific and technological research strengthening energy efficiency cooperation among the member countries based on the principles of equality and mutual benefit.
Capacity building and technology transfer in the field of Energy Savings and Energy Efficiency along with sharing policies and best practices.
Counterparts for strengthening and further developing of energy saving and energy efficiency cooperation.
Under the present MoU, the BRICS countries will intend to examine the practicability of development of the comprehensive programme of cooperation in energy saving.
It will also include promotion of energy efficiency including specific common projects, applicable methods and instruments of energy saving promotion and energy efficiency increase in their economies.
Current Affairs: 18th December, 2015 Important Days in November and December Current Affairs bullet points Round up 7th to 14th December, 2015 Current Affairs Round up November, 2015.
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