TNPSC Current Affairs March 2017
Union Cabinet provide its approval to MoU on energy efficiency between India, UAE
Union Cabinet has given its ex-post facto approval to MoU (Memorandum of Understanding between India’s National Productivity council under Ministry of Commerce & Industry and UAE’s Al Etihad Energy Services to provide various services in the field of energy management. The Cabinet is chaired by Prime Minister Narendra Modi.
About the MoU
Official Statement says, as per MoU the National Productivity council will provide energy assessment services, training and certification of energy auditors and demand side management.
Also, Al Etihad will provide customer support with UAE government and privately owned organisations, local support for field auditing professionals, local support for training and certification of energy auditors and support related to demand side management of industries to in UAE
The MoU will provide opportunities in Energy building and develop institutional mechanism in area of energy efficiency in Dubai and other GCC (Gulf Cooperation Council) member countries.
It helps NPC’s to get recognition and exposure to build capacities and competencies in rapidly changing business and it will help to engage with other international collaboration and enhance its visibility in arena. It also promotes NPC in GCC member countries and generates business in area of energy.