The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved a Memorandum of Understanding which has been signed between Indian and Belgian government authorities at the Federal and regional level for energy. The objective of this Memorandum of Understanding is to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit, equality and reciprocity. The areas of cooperation will focus on development of new and renewable energy technologies in the field of Wind energy, Biomass, Solar (thermal and photovoltaic), Smart grids, Geothermal energy, Marine energy, contribution of renewables to diversification of supply and energy security, and any other mutually agreed areas.
The Memorandum of Understanding will help in strengthening bilateral cooperation between the two countries.