India’s G20 Presidency, opportunity for financial institution, says Bhalla


India’s G20 Presidency is an opportunity for offshore wind countries, businesses, and financial institutions to work together for clean energy transition ambitions, New & Renewable Energy Secretary Bhupinder Singh Bhalla said.


As part of the third Energy Transition Working Group (ETWG) meeting under India’s G20 Presidency, Ministry of New and Renewable Energy (MNRE) in collaboration with the Global Wind Energy Council (GWEC) and National Institute of Wind Energy (NIWE) convened a high-level event ‘Harnessing Offshore Wind for Accelerating Energy Transition: The Way Forward’ on Tuesday in Mumbai’, an official statement said.


The event brought saw a gathering of government representatives, financial institutions and senior domestic and international industry representatives.


The event emerged as a platform for the exchange of urgent priorities for bolstering offshore wind deployment in India and globally – permits and clearances, supply chain resilience, low-cost financing, capacity building and business volumes to boost market attractiveness.


On this occasion Bhalla attributed offshore wind as a solution to air pollution and climate change mitigation.


He emphasized the jobs creations opportunity through the flourishment of the offshore wind value chain.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: May 17 2023 | 6:27 PM IST

For more latest Economy News Click Here 

Read original article here

Denial of responsibility! FineRadar is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@fineradar.com. The content will be deleted within 24 hours.
an opportunity for offshore wind nationsBhallabusinessEconomyEconomy Newsfinancialfinancial institution says B S BhallaFine RadarG20HeadlinesIndia's G20 PresidencyIndian EconomyIndiasInstitutionopportunitypresidencyWorld economy News
Comments (0)
Add Comment