“India is Embarking Bigger Power Ties with Saarc Nations”- Shri Piyush Goyal
“India is Embarking Bigger Power Ties with Saarc
Nations”- Shri Piyush Goyal
Shri Piyush Goyal Union Minister of State (IC) for
Coal, Power and New and Renewable Energy said that India is embarking bigger
power ties with SAARC Nations. While speaking in valedictory function of South
Asian Economic Conclave organised by the Confederation of Indian Industry (CII)
here today, the Minister said that in terms of expanding business, regional
cooperation has become mantra of the day. He further said that SAARC Countries
have shared heritage which can become base of knowledge sharing, trade and
commerce among them. He also mentioned that economic integration not just leads
to inclusive growth of the people living in these countries but also contribute
in maintaining peace and harmony among nations. Shri Goyal also emphasised that
the regional economies could leverage the unique strengths of each other to
drive growth and development in the region. He said that such a concerted
effort will resonate with Prime Minister Shri Narendra Modi’s vision of
one-ness of South Asia.
Shri Goyal underlined the enormous potential for extensive energy cooperation between the South Asian economies. He made a mention of the strident progress achieved in India’s bilateral energy cooperation with Bangladesh, Bhutan and Nepal and the ongoing efforts to build similar engagements with Sri Lanka. He said that India has assured maximum support to Sri Lanka in fast-tracking the establishment of a 500MW power plant in Sri Lanka. He added that India has assured Maldives of all support to promote renewable energy development in the island nation. Mr Goyal said that the SAARC countries could support each other in collectively meeting power-related challenges and to bridge the deficits caused by resource crunch. seasonality factors, etc. The minister assured the South Asian delegates that his ministry will open up opportunities for people of South Asian countries to receive skills training in India in the power industry.
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