Current Affairs - International - Discussion

Sweden and India signed Two Memorandum of Understandings (MoUs) in the Renewable Energy sector to enhance the technology and bring in power efficiency. Among the two MoUs signed, the first was signed between Swedish firm Spowdi and EMVEE for setting up local manufacturing and assembly unit in Bangalore and the second MoU was inked between Swedish Neutral and Tata Power DDL for setting up pilot for earth fault protection in Delhi. The MoUs were signed on the sidelines of inauguration of the 'Sustainability by Sweden - Showroom India' themed as "Sustainability is Everybody's Business"by Swedish Energy, Agency Business Sweden and Embassy of Sweden under the Sweden India Nobel Memorial Programme. The India-Sweden Innovations' Accelerator (ISIA) programme is a part of intergovernmental cooperation between India and Sweden in the area of new and renewable energy technology.