UK Business and Energy Secretary Kwasi Kwarteng today (8 October
2021) met with India’s Minister for Power and New & Renewable
Energy, Raj Kumar Singh, for the third UK-India Energy for Growth
Dialogue, where they discussed strengthened collaboration on
accelerating the move to global clean energy in the decade ahead.
Taking place just 3 weeks ahead of the UN COP26 conference, Mr
Singh and Mr Kwarteng celebrated collaborative progress made since
the first and second Dialogues in 2017...Request free trial
UK Business and Energy Secretary today (8 October 2021) met with India’s Minister for
Power and New & Renewable Energy, Raj Kumar Singh, for the
third UK-India Energy for Growth Dialogue, where they discussed
strengthened collaboration on accelerating the move to global clean
energy in the decade ahead.
Taking place just 3 weeks ahead of the UN COP26 conference, Mr
Singh and Mr Kwarteng celebrated collaborative progress made since
the first and second Dialogues in 2017 and 2018. Both sides
highlighted India’s advancement of solar energy to power the Indian
Railways, welcoming close collaboration through the India-led
International Solar Alliance, which aims to mobilise more than $1
trillion of investments in solar energy by 2030.
Minister Singh and the UK Business Secretary highlighted the
importance of a strong, home-grown renewable energy sector being
the cornerstone for building a secure energy system.
Decarbonisation also provides excellent opportunities to create
green jobs, champion gender inclusivity, and drive economic growth
across both India and the UK.
Both partners discussed how COP26 is an opportunity to show global
leadership on clean energy, including the expected launch of the UK
and India Government’s Global Green Grids – One Sun One World One
Grid Initiative by delegations of UK and India. This initiative
will bring together an international coalition of national
governments, financial organisations, and power system operators to
accelerate the construction of new infrastructure needed to deliver
a massive scale-up of secure, reliable and affordable power, such
as modern, flexible grids, charging points, and electricity
interconnectors.
Cementing their commitment to longer term collaboration, the
ministers endorsed an ambitious forward action plan on clean
energy, including boosting renewable energy and storage, improving
energy efficiency measures, enabling production and use of green
hydrogen, and increasing the switch to electric mobility.
Their first action on this agenda is to initiate a joint programme
on smart power, renewable energy and storage. In addition to
providing a springboard for India’s renewable energy market in
areas such as offshore wind, the programme will help to create
digital solutions for power distribution companies, improving
industrial energy efficiency, and boosting electric mobility in
ways that maximise business opportunities and investments.
UK Business and Energy Secretary said:
As we gear up to host the UN COP26 summit next month, today the UK
and India have made important progress in outlining how this deep
partnership can continue to deliver green growth for both countries
powered by clean energy.
Supporting the move to clean energy is a shared priority, and our
new joint programme on smart power, renewable energy and storage
will help to increase investment in renewable projects, while
creating new high skilled jobs across both nations as we build back
greener.
Alex Ellis, High Commissioner to India, said:
Action on climate change is a central pillar of the 2030 Roadmap
agreed by Prime Ministers Modi and Johnson.
The Energy Dialogue today advanced our joint agenda to develop
clean energy to support sustainable growth for both our
economies.
Notes to editors
Following signing of a Memorandum of Understanding (MoU) on
Cooperation in the Energy Sector in November 2015, a regular
Ministerial Energy Dialogue was instituted in April 2017. The
Energy Dialogue is led by the BEIS Secretary of State and the
Indian Minister for Power, and New, and Renewable Energy
the first India-UK Energy Dialogue was held in 2017 and the second
in 2018
India and the UK are working together to boost climate resilience
and advance clean energy deployment. Climate is one of the pillars
of the India-UK 2030 Roadmap
India-UK are working to further strengthen their clean energy
collaboration through a new joint partnership programme - the Smart
Power, Renewable Energy and Storage programme - that will
complement ongoing efforts to promote efficient power distribution,
industrial energy efficiency, electric vehicles, solar and offshore
wind generation and energy storage
at the 11th Economic and Financial Dialogue (EFD) between the UK
and India held last month, the UK announced a $1.2 billion package
of public and private investment in green projects and renewable
energy in India. These investments will support India’s target of
450GW renewable energy by 2030.