ITALY-INDIA STRATEGIC PARTNERSHIP IN ENERGY TRANSITION

Oct. 31, 2021

Mario Draghi, President of the Council of Ministers of the Italian Republic and Narendra Modi, Prime Minister of India, had a bilateral meeting on the sidelines of the G20 Leaders’ Summit hosted by Italy in Rome on October 30-31, 2021.

In order to promote their partnership in energy transition, Italy and India will:

  • Task the "Joint Working Group” established by the MoU on Cooperation in the field of Energy, signed in Delhi on October 30, 2017, to explore cooperation in areas such as: Smart Cities; mobility; smart-grids, electricity distribution and storage solutions.

  • Initiate a dialogue to support the development and deployment of green hydrogen and related technologies in India.

  • Consider working together to support a large size green corridor project in India to capitalize on India’s target to produce and integrate 450 GW of renewable energy by 2030.

  • Encourage joint investments of Indian and Italian companies in energy transition-related fields.

Source : PIB

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