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India, IEA To Work Together To Enhance Global Energy Security, Stability, Sustainability

The Petroleum Planning and Analysis Cell (PPAC), under the Ministry of Petroleum and Natural Gas, has signed a statement of intent with the International Energy Agency (IEA)

India, IEA To Work Together To Enhance Global Energy Security, Stability, Sustainability
India and the International Energy Agency (IEA) will work together to strengthen cooperation in the field of data and research and enhance global energy security, stability, and sustainability

Bengaluru: The government of India and the International Energy Agency (IEA) will work together to strengthen cooperation in the field of data and research and enhance global energy security, stability, and sustainability. The Petroleum Planning and Analysis Cell (PPAC), under the ministry of petroleum and natural gas (MoPNG), has signed a statement of intent (SoI) with IEA. This partnership will lead to an extensive exchange of knowledge.

Also Read: LiFE Initiative Can Help Address Climate Challenges: International Energy Agency Top Official

The SoI was signed on Wednesday (February 8) by P Manoj Kumar, Director-General, PPAC, and Fatih Birol, Executive Director, IEA, during the ongoing India Energy Week at the Bangalore International Exhibition Centre. The SoI was signed in the presence of Minister of Petroleum and Natural Gas, and Housing and Urban Affairs Hardeep Singh Puri.

In an exclusive interaction with ANI, Manoj Kumar said,

It is very important day for us, we have signed a statement of intent with the IEA. PPAC has a huge database. It is very unique in critical data as well as the timeliness in petroleum and natural gas. We are going ahead with the petroleum and natural gas and the renewable energy sector. So we need to collaborate with many such international agencies so that we can synergise our effort to have a better reason.

Mr Kumar also said,

IEA has their own expertise, that expertise we will utilise by PPAC and IEW (International Energy Workshop) will use our expertise. We are also exploring other international agencies to have better coordination and collaboration within the energy sector.

Also Read: Energy Transition Has To Ensure Surviving Present: Union Minister Hardeep Singh Puri

Mr Kumar said that the comprehensive datasets and reports would be made available for better analysis and interpretation.

“The training and internships of officers from PPAC to IEA for energy modelling and statistics, by IEA experts, are planned to be organised to develop skillsets required for challenges posed by energy transition,” Mr Kumar said, adding that the SoI will provide access to the international thought and view in the energy sector.

Mr Kumar further said that both parties intend to cooperate under the SoI in the areas of energy market data and statistics, biofuels and other emerging fuels.

It will also provide information on global oil and gas markets and technologies relevant for the oil and gas sector.

Both parties will carry out joint studies, including on the demand and supply of oil and gas, growth and stability of global and regional oil and gas markets, and economic advantages of alternative fuels. Both parties also propose to constitute working groups in specific areas of cooperation.

Also Read: COP28 President Appreciates India’s Goal Of Achieving 500 GW Clean Energy By 2030

(This story has not been edited by NDTV staff and is published from a syndicated feed.)

NDTV – Dettol have been working towards a clean and healthy India since 2014 via the Banega Swachh India initiative, which is helmed by Campaign Ambassador Amitabh Bachchan. The campaign aims to highlight the inter-dependency of humans and the environment, and of humans on one another with the focus on One Health, One Planet, One Future – Leaving No One Behind. It stresses on the need to take care of, and consider, everyone’s health in India – especially vulnerable communities – the LGBTQ populationindigenous people, India’s different tribes, ethnic and linguistic minorities, people with disabilities, migrants, geographically remote populations, gender and sexual minorities. In wake of the current COVID-19 pandemic, the need for WASH (WaterSanitation and Hygiene) is reaffirmed as handwashing is one of the ways to prevent Coronavirus infection and other diseases. The campaign will continue to raise awareness on the same along with focussing on the importance of nutrition and healthcare for women and children, fight malnutrition, mental wellbeing, self care, science and health, adolescent health & gender awareness. Along with the health of people, the campaign has realised the need to also take care of the health of the eco-system. Our environment is fragile due to human activity, which is not only over-exploiting available resources, but also generating immense pollution as a result of using and extracting those resources. The imbalance has also led to immense biodiversity loss that has caused one of the biggest threats to human survival – climate change. It has now been described as a “code red for humanity.” The campaign will continue to cover issues like air pollutionwaste managementplastic banmanual scavenging and sanitation workers and menstrual hygiene. Banega Swasth India will also be taking forward the dream of Swasth Bharat, the campaign feels that only a Swachh or clean India where toilets are used and open defecation free (ODF) status achieved as part of the Swachh Bharat Abhiyan launched by Prime Minister Narendra Modi in 2014, can eradicate diseases like diahorrea and the country can become a Swasth or healthy India.

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