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