India, IEA Sign Strategic Partnership Deal to Enhance Knowledge Sharing on Energy Security

With an aim to strengthen mutual trust and cooperation and enhance global energy security, stability and sustainability, the Government of India and members of the International Energy Agency (IEA) signed the framework for Strategic Partnership.

January 28, 2021. By Manu Tayal

With an aim to strengthen mutual trust and cooperation and enhance global energy security, stability and sustainability, the Government of India and members of the International Energy Agency (IEA) signed the framework for Strategic Partnership.

According to Power Ministry, this partnership would lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of the IEA.

Further, the MoU was signed by Sanjiv Nandan Sahai, Secretary (Power) from the Indian side and from the IEA side Dr. Fatih Birol, Executive Director of IEA signed the agreement.

Moreover, the contents of the Strategic partnership would be jointly decided by the IEA Members and India, including a phased increase in benefits and responsibilities for India as an IEA Strategic partner, and building on existing areas of work within Association and the Clean Energy Transitions Programme (CETP), such as energy security, clean & sustainable energy, energy efficiency, enhancing petroleum storage capacity in India, expansion of gas-based economy in India etc.

As per the agreement, the IEA Secretariat would be responsible for implementation of the cooperative activities in India and for facilitating discussion between the IEA Members and India to further develop the Strategic Partnership.

On the other hand, Government of India would endeavour to take necessary steps to encourage and promote strategic and technical co-operation in the energy sector in the identified areas, through the Framework Agreement.

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