Sweden, India ink agreement to reinforce sustainable power source advancements


  • Client

    Spowdi and EMVEE

  • Services

    To enhance the technology and bring in power efficiency.

  • Technologies

    Renewable Energy

  • Dates



NEW DELHI: Sweden and India on Monday marked two MoUs in the sustainable power source area to upgrade the innovation and get control productivity.


The first memorandun of comprehension (MoU) was marked between Swedish firm Spowdi and EMVEE for setting up neighborhood assembling and gathering unit in Bangalore.


The second MoU was inked between Swedish Neutral and Tata Power DDL for setting up pilot for earth blame security in Delhi, Embassy of Sweden said in an announcement.


The MoUs were marked on the sidelines of introduction of the 'Maintainability by Sweden – Showroom India' by Swedish Energy, Agency Business Sweden and Embassy of Sweden under the Sweden India nobel remembrance program, it said.


The showroom was introduced at Business Sweden here by AK Verma, joint secretary, service of intensity, Josa Karre, instructor and head of financial issues, Embassy of Sweden and Josephine Bahr Ljungdell - chief of worldwide issues, Swedish vitality organization.


India and Sweden share a long history of joint effort, which is guided by MoUs in the fields of vitality, condition, science and innovation and manageable urban arranging. To additionally reinforce the cooperation, this showroom has been set up in India as a following stage towards bi-sidelong program - India Sweden advancements quickening agent (ISIA), the announcement said.


The showroom will exhibit more than 20 Swedish inventive innovations, which have been presented and separated through the devoted ISIA program. It has been perceived as the leader program to grow research, development and business collaboration on new vitality advancements among India and Sweden.


"India is a developing nation and similarly adding to the worldwide vitality division. Going further, there is a need to include renewables and maintainability arrangements. We are anticipating more grounded India-Sweden affiliation and projects to help developments and new advances," Verma said in the announcement.


India and Sweden share the normal goal on the requirement for development to oblige the developing need of supportable and environmentally friendly power vitality. The India-Sweden advancements' quickening agent (ISIA) program is a piece of intergovernmental collaboration among India and Sweden in the region of new and sustainable power source innovation, Swedish vitality office nation head India Ludvig Lindstrom said.


The principal presentation at the showroom was themed as "Maintainability is Everybody's Business". It exhibited how different creative Swedish advances presented through ISIA program, fit into the Indian setting alongside ventures setup by Swedish organizations in India.