India, Germany ink pact to boost green energy ties

Union Power Minister Piyush Goyal 29 August 2017 said India has entered into a pact with Germany to improve parameters for grid integration of renewable energies. The Ministry of New and Renewable Energy (MNRE) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India on behalf of Germany signed an agreement on technical cooperation under the “Indo-German Energy Programme Green Energy Corridors (IGEN-GEC)” here.

This relationship between GIZ nad India will result in improved market mechanisms and regulations and help train manpower in India to ensure grid stability to ensure more and more integration of renewables in the country

GIZ and MNRE will work on improving market mechanisms and regulations for integration of renewable energies, advancing technical and institutional conditions in specified target states, regions and on a national level, adding human capacities to handle systemic (strategic, managerial, financial, technical) renewable energies integration in an efficient and effective manner.

German Ambassador to India, H E Martin Ney, said, “When in July 2012, Power Grid Corporation of India submitted a comprehensive and well elaborated ‘transmission plan for envisaged renewable capacity’ to MNRE, it paved the way for India’s ambitious goals to transform its power system by significantly increasing the share of renewable energies in the energy mix.”

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