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India, Australia agree on enhancing cooperation in energy ties

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India and Australia today agreed on enhancing cooperation in clean coal technology, renewable power and LNG in a bid to meet the burgeoning demand for cheap and environment-friendly energy in one of the fastest growing emerging economies.

Power, Coal and Renewable Energy Minister Piyush Goyal today met Minister for Resource, Energy and Northern Australia Josh Frydenberg on the last day of the India-Australia Energy Dialogue.

The Dialogue seeks to build a strong relationship as well as strengthen institutional framework between the countries across all segments of the energy value chain.

Speaking to reporters, Goyal said the energy dialogue has concluded today with Frydenberg resolving to further the ties between the countries in energy, renewable energy, technology & innovation and skill development.

“Today’s meeting was very productive, very constructive and held in a very friendly manner… One of the initiatives that we agreed in today’s meeting is to make an annual dialogue and that it would rotate between our two countries.

So, I look forward to visiting India to continue these discussions next year,” Frydenberg said in a joint press conference held at the Australian Parliament here.

The two countries also talked about Free Trade Area (FTA), Adani Group’s investment in Australia and the ties that the countries share at various levels, he added.

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