India – USA MOU In Electricity Sector

  • IASbaba
  • December 18, 2020
  • 0
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India – USA MOU In Electricity Sector

Part of: GS Prelims and GS-III – Infrastructure

In news

  • Union Cabinet has approved MoU between India and USA for exchange of information in areas of mutual interest in the electricity sector.

Key takeaways

  • Central Electricity Regulatory Commission (CERC), India and Federal Energy Regulatory Commission (FERC), United States of America (USA) will enter into a MoU for exchange of information and experiences in areas of mutual interest to both in the electricity sectors.
  • The MoU will help in improving regulatory and policy framework for developing efficient whole sale power market and enhancing grid reliability.
  • Under the MoU, the two sides will identify energy-related issues and develop topics and possible agendas for the exchange of information and regulatory practices in areas of mutual interest.

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