Indo-Aus dialogue to aid flow of technology, investment: Piyush Goyal

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Sydney, Feb. 10 (ANI): Power, Coal and New and Renewable Energy Minister Piyush Goyal has said that India will benefit from the dialogue with Australia in the flow of technology and investment.

“We had a very engaging dialogue, which I believe would result in more flow of technology to India and possibly also investment coming to India. I have made two requests for the innovators- they should look at improvement in the efficiency of solar equipments, so that gradually we can have more energy coming out of every piece of solar energy equipment,” Goyal said while speaking at the India-Australia energy dialogue here.

“I have also suggested that, considering a lot of land area is required to set up renewable energy, particularly solar plants, can we look at improvements in technology so that lesser land is required for solar equipment to be set up. I have also suggested better quality of forecasting of the power that is generated by the solar equipment,” he added.

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Goyal stated that India should now look at leadership position in the world, adding that India’s norms for thermal power generating stations are more stringent than Australia.

The third India-Australia Energy Security Dialogue starting which started from February 8, would focus on sharing Canberra’s expertise in liquefied natural gas (LNG), renewable energy and clean coal technology.

Senior officials from state-run firms such as GAIL, Coal India, Petronet LNG, Indian Oil, HPCL and BPCL are participating in the dialogue, while the private sector are being represented by Adani Renewable Energy Park, Suzlon Energy, GVK Hancock Coal, among others. (ANI)

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