India moves one step closer towards clean energy with the $10.5 billion Green deal between India and Germany during the Indian delegation’s visit to Berlin
India and Germany have signed a $10.5 billion deal to move forward with the Hydrogen roadmap for green and sustainable energy. Prime Minister Narendra Modi along with German Chancellor Olaf Scholz co-chaired the entire agreement between Indian and German delegation.
Both the sides focus on several agreements to encourage the use of clean energy. Through this initiative, India will receive an assistance of $10.5 billion to further promote the use of green energy. In turn, India has also invited the German participation in the “Atmanirbhar Bharat” initiative.
The Indian delegation included various ministers such as Finance Minister Nirmala Sitharaman; External Affairs Minister Subrahmanyam Jaishankar; Minister of State (Independent Charge) for Science and Technology and Earth Sciences Jitendra Singh; along with Secretary Department for Promotion of Industry and Internal Trade (DPIIT) Anurag Jain.
The Ministers participating in the meeting from both the delegations presented brief reports on foreign affairs and security; economic, financial policy, scientific and social exchange; climate, environment, sustainable development and energy.
The meeting concluded with both the Prime Minister of India and Chancellor of Germany signing the Joint declaration of Intent (JDI), to establish the green and sustainable energy partnership.
Prime Minister tweets about the Green and sustainable energy agreement between India-Germany
Prime Minister Narendra Modi reached Germany on Monday. Following his meeting with German Chancellor Olaf Scholz, he tweeted about the significant meeting between the Indian and German delegation. He said that, “the 6th India-Germany Inter-Governmental consultations proved to be productive. Chancellor Scholz and I, with other ministers and officials from Germany and India discussed the possibilities to enhance the co-operation in many areas. These areas include the sustainable development, mobility, economic growth and more.”
Furthermore, he stated, “Both the delegations discussed wide range of topics. Today the talks were over trade, commerce, innovation, culture, and people-to-people linkages. Both nations are working together on many subjects. The partnership has the calibre to benefit our entire planet.”
On the other hand, the spokesperson of the Ministry of External Affairs, Mr. Arindam Bagchi also mentioned the important discussions during the meeting. The press release stated, “This partnership includes a whole-of-government approach between India and Germany. The agreement builds cooperation on Sustainable Development Goals and climate action. Under the same agreement, Germany has agreed to make an advance commitment of 10 billion euros (approximately $10.5 billion).”
Published by: Diwakar Kumar
Edited by: Aaradhana Singh