India, UAE close to deal on renewable electricity grid link

18 Jan 2023 CW Team

India and the United Arab Emirates (UAE) are close to a "major agreement" on a renewable energy interconnection between the two countries, India's Minister of Power and New and Renewable Energy said.

Raj Kumar Singh, who is visiting the Gulf Arab oil producer for the International Renewable Energy Agency's (IRENA) assembly in Abu Dhabi, of which India is currently president, He did not elaborate on a time frame.

"There is a major agreement for an interconnection between the UAE electricity grid, and the Indian grid," Singh said, adding that this would be under the One Sun, One World, One Grid initiative by a group of countries to create renewable energy networks.

The OSOWOG initiative, first proposed by Indian Prime Minister Narendra Modi, aims to transfer renewable energy power through connecting grids. Singh said the UAE has also indicated it would like to invest more in India's renewable energy projects, including solar and wind.

India and the UAE also signed an MoU on Jan. 13 on green hydrogen development, produced using renewable energy, India's embassy in the UAE said on Twitter.

The UAE's Ministry of Foreign Affairs and International Cooperation declined to provide an immediate comment. Last year, the Gulf state concluded a broad trade agreement with India that aims to increase bilateral non-oil trade to $100 billion in the next five years.

Also Read
PSP Projects Receives Contract To Build SMC Twin Tower
CIL arm to introduce new dust control technology

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..