India-Nepal Joint Vision Statement on Power Sector Cooperation

Published By : Admin | April 2, 2022 | 13:09 IST
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1.On 02 April 2022, His Excellency Prime Minister Narendra Modi and Rt. Hon'ble Prime Minister Sher Bahadur Deuba had fruitful and wide ranging bilateral discussions in New Delhi. Both leaders reaffirmed their commitment to further deepen the timeless linkages and bonds of geography, history, culture, commerce and people-to-people ties between the two countries.

2. In this context, both Prime Ministers noted the positive developments in each other's power sectors. India congratulated Nepal on its significant progress in the power sector including becoming a near power surplus country. Prime Minister Deuba appreciated India's recent cross-border electricity trade regulations that have enabled key partners like Nepal to access India's market and trade power with India. He also acknowledged with appreciation India's contribution to developing Nepal's power sector, through capacity building and direct support to infrastructure projects related to generation and transmission.

3. Both Prime Ministers agreed:

3.1. That there are unprecedented opportunities for expanding and further strengthening mutually beneficial bilateral cooperation in the power sector including (a) joint development of power generation projects in Nepal, (b) development of cross-border transmission infrastructure, (c) bi-directional power trade with appropriate access to electricity markets in both countries based on mutual benefits, market demand and applicable domestic regulations of each country, (d) coordinated operation of the national grids and (e) institutional cooperation in sharing latest operational information, technology and know-how.

3.2. To expand such cooperation to include their partner countries under the BBIN framework subject to mutually agreed terms and conditions between all involved parties.

3.3 Based on their respective national policies and climate-change commitments, to make renewable energy production, hydropower in particular, a cornerstone of their energy partnership.

3.4 That Indian investment into Nepal's renewable power sector, in particular the Hydropower sector, has the potential to benefit both the countries by strengthening their economies generating employment, enhancing export earnings and contributing to further development of industrial and financial capacities, and mutually agreed sharing of other benefits.

4. Nepal invited Indian companies to invest in the development, construction and operation of viable renewable power projects, including in the Hydropower sector in Nepal, including storage-type projects, including through mutually beneficial partnerships.

5. Recalling discussions during earlier high-level visits on the Pancheshwar Multipurpose project, including during the State Visit of Prime Minister of Nepal to India in August 2017, and recognizing the immense benefits for the people of both countries from this project, the two Prime ministers directed their concerned officials to expedite the bilateral discussions towards early finalization of the project’s DPR.

6. Both Prime Ministers agreed to prioritize expeditious movement on projects and initiatives on the basis of this joint vision. They agreed to continue supporting each other's national growth and prosperity guided by mutual respect and equality.

 

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PM to visit Karnataka on 6th February
February 04, 2023
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PM to inaugurate India Energy Week 2023 in Bengaluru
Moving ahead on the ethanol blending roadmap, PM to launch E20 fuel
PM to flag off Green Mobility Rally to create public awareness for green fuels
PM to launch the uniforms under ‘Unbottled’ initiative of Indian Oil - each uniform to support recycling of around 28 used PET bottles
PM to dedicate the twin-cooktop model of the IndianOil’s Indoor Solar Cooking System - a revolutionary indoor solar cooking solution that works on both solar and auxiliary energy sources simultaneously
In yet another step towards Aatmanirbharta in defence sector, PM to dedicate to the nation the HAL Helicopter Factory in Tumakuru
PM to lay foundation stones of Tumakuru Industrial Township and of two Jal Jeevan Mission projects in Tumakuru

Prime Minister Shri Narendra Modi will visit Karnataka on 6th February, 2023. At around 11:30 AM, Prime Minister will inaugurate India Energy Week 2023 at Bengaluru. Thereafter, at around 3:30 PM, he will dedicate to the nation the HAL helicopter factory at Tumakuru and also lay the foundation stone of various development initiatives.

India Energy Week 2023

Prime Minister will inaugurate the India Energy Week (IEW) 2023 in Bengaluru. Being held from 6th to 8th February, IEW is aimed to showcase India's rising prowess as an energy transition powerhouse. The event will bring together leaders from the traditional and non-traditional energy industry, governments, and academia to discuss the challenges and opportunities that a responsible energy transition presents. It will see the presence of more than 30 Ministers from across the world. Over 30,000 delegates, 1,000 exhibitors and 500 speakers will gather to discuss the challenges and opportunities of India's energy future. During the programme, Prime Minister will participate in a roundtable interaction with global oil & gas CEOs. He will also launch multiple initiatives in the field of green energy.

The ethanol blending programme has been a key focus areas of the government to achieve Aatmanirbharta in the field of energy. Due to the sustained efforts of the government, ethanol production capacity has seen a six times increase since 2013-14. The achievements in the course of last eight years under under Ethanol Blending Programe & Biofuels Programe have not only augmented India’s energy security but have also resulted in a host of other benefits including reduction of 318 Lakh Metric Tonnes of CO2 emissions and foreign exchange savings of around Rs 54,000 crore. As a result, there has been payment of around Rs 81,800 crore towards ethanol supplies during 2014 to 2022 and transfer of more than Rs 49,000 crore to farmers.

In line with the ethanol blending roadmap, Prime Minister will launch E20 fuel at 84 retail outlets of Oil Marketing Companies in 11 States/UTs. E20 is a blend of 20% ethanol with petrol. The government aims to achieve a complete 20% blending of ethanol by 2025, and oil marketing companies are setting up 2G-3G ethanol plants that will facilitate the progress.

Prime Minister will also flag off the Green Mobility Rally. The rally will witness participation of vehicles running on green energy sources and will help create public awareness for the green fuels.

Prime Minister will launch the uniforms under ‘Unbottled’ initiative of Indian Oil. Guided by the vision of the Prime Minister to phase out single-use plastic, IndianOil has adopted uniforms for retail customer attendants and LPG delivery personnel made from recycled polyester (rPET) & cotton. Each set of uniform of IndianOil’s customer attendant shall support recycling of around 28 used PET bottles. IndianOil is taking this initiative further through ‘Unbottled’ - a brand for sustainable garments, launched for merchandise made from recycled polyester. Under this brand, IndianOil targets to meet the requirement of uniforms for the customer attendants of other Oil Marketing Companies, non-combat uniforms for Army, uniforms/ dresses for Institutions & sales to retail customers.

Prime Minister will also dedicate the twin-cooktop model of the IndianOil’s Indoor Solar Cooking System and flag-off its commercial roll-out. IndianOil had earlier developed an innovative and patented Indoor Solar Cooking System with single cooktop. On the basis of feedback received, twin-cooktop Indoor Solar Cooking system has been designed offering more flexibility and ease to the users. It is a revolutionary indoor solar cooking solution that works on both solar and auxiliary energy sources simultaneously, making it a reliable cooking solution for India.

PM in Tumakuru

In yet another step towards Aatmanirbharta in the defence sector, Prime Minister will dedicate to the nation the HAL Helicopter Factory in Tumakuru. Its foundation stone was also laid by the Prime Minister in 2016. It is a dedicated new greenfield helicopter factory which will enhance capacity and ecosystem to build helicopters.

This helicopter factory is Asia’s largest helicopter manufacturing facility and will initially produce the Light Utility Helicopters (LUH). LUH is an indigenously designed and developed 3-ton class, single engine multipurpose utility helicopter with unique feature of high manoeuvrability.

The factory will be expanded to manufacture other helicopters such as Light Combat Helicopter (LCH) and Indian Multirole Helicopter (IMRH) as well as for repair and overhaul of LCH, LUH, Civil ALH and IMRH in the future. The factory also has the potential for exporting the Civil LUHs in future.

This facility will enable India to meet its entire requirement of helicopters indigenously and will attain the distinction of enabling self-reliance in helicopter design, development and manufacture in India.

The factory will have a manufacturing set up of Industry 4.0 standards. Over the next 20 years, HAL is planning to produce more than 1000 helicopters in the class of 3-15 tonnes from Tumakuru. This will result in providing employment for around 6000 people in the region.

Prime Minister will lay the foundation stone of Tumakuru Industrial Township. Under the National Industrial Corridor Development Programme, development of the Industrial Township spread across 8484 acre in three phases in Tumakuru has been taken up as part of Chennai Bengaluru Industrial Corridor.

Prime Minister will lay the foundation stones of two Jal Jeevan Mission projects at Tiptur and Chikkanayakanahalli in Tumakuru. The Tiptur Multi-Village Drinking Water Supply Project will be built at a cost of over Rs 430 crores. The Multi-village water supply scheme to 147 habitations of Chikkanayakanahlli taluk will be built at a cost of around Rs 115 crores. The projects will facilitate provision of clean drinking water for the people of the region.