Nigeria and India are set to explore opportunities in renewable energy development in line with international agreements signed by both countries, the Indian High Commissioner to Nigeria, Mr. Nagabhushana Reddy, said on Thursday.
The high commissioner, who made the disclosure at a business meeting in Abuja, said that exploring areas of cooperation in renewable energy would build on existing partnerships between both countries. The envoy added that the Indian Government was committed to supporting Nigeria in achieving its target of 30 percent of its energy needs from renewables by 2030.
He said “we are opening a new chapter of India-Nigeria economic engagement by moving into the power sector relating to renewable energy. India had been present in Nigeria in the power sector mostly in the areas of distribution and transmission.” Reddy said that both countries would sign a Memorandum of Understanding in the renewable sector to create a joint working group to develop projects for enhanced and effective collaboration.
Source: Sundiata Post
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