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News Brief | January 2016

BRICS countries sign MoUs in energy saving and efficiency

The Union Cabinet, chaired by PM Narendra Modi, has given its ex-post facto approval to an Memorandum of Understanding (MoU), signed between India and its BRICS (Brazil, Russia, India, China and South Africa) counterparts, aimed at strengthening and further developing of energy saving and energy efficiency cooperation based on the principles of equality and mutual benefit.

The MoU provides areas of cooperation for joint scientific and technological research, conferencing and holding of lectures and seminars, capacity building and technology transfer, technology development, sharing policies and best practices, and encouragement of use of energy efficient and energy saving approaches and instruments in the work of the business entities of the BRICS countries, carried out within the BRICS countries in consultation with the host country, in the fields of energy savings and energy efficiency:

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