India – USA MOU In Electricity Sector
Part of: GS Prelims and GS-III – Infrastructure
- Union Cabinet has approved MoU between India and USA for exchange of information in areas of mutual interest in the electricity sector.
- 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.