IPEF's clean economy investor forum meet in Singapore starts June 5
ECONOMY & POLICY

IPEF's clean economy investor forum meet in Singapore starts June 5

The clean economy investor forum organised by the Indo-Pacific Economic Framework for Prosperity (IPEF) commences in Singapore on June 5, with the arrival of the Indian delegation. Led by Commerce Secretary Sunil Barthwal and Additional Secretary Rajesh Agrawal, senior officials from the commerce ministry are attending the two-day event.

Over 150 investors are expected to participate, where Indian projects will be presented. The IPEF, established in May 2022, currently comprises 14 partners including Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the US, and Vietnam.

The framework aims to foster collaboration among regional countries to promote resilient, sustainable, and inclusive economic growth, contributing to cooperation, stability, and prosperity. Its four pillars of cooperation include trade, supply chain, clean economy, and fair economy. While India is not involved in the trade pillar, it actively participates in the clean economy initiatives.

Managed by Invest India, the IPEF Clean Economy Investor Forum seeks to mobilise investments in sustainable infrastructure, climate technology, and renewable energy projects. India will highlight its leadership in the clean economy sector, showcasing innovative solutions and large infrastructure projects to attract global investors.

The forum offers two tracks for Indian industry participation: climate technology and infrastructure. Under the climate tech track, top climate tech companies and start-ups from member countries will be recognised and presented to global investors. In the infrastructure track, India will showcase sustainable infrastructure projects in sectors like energy transition, transport and logistics, and waste management to potential investors.

Indian investors interested in investing in IPEF partner countries in either track are encouraged to participate in the forum, providing ample networking and investment opportunities.

(Source: ET)

The clean economy investor forum organised by the Indo-Pacific Economic Framework for Prosperity (IPEF) commences in Singapore on June 5, with the arrival of the Indian delegation. Led by Commerce Secretary Sunil Barthwal and Additional Secretary Rajesh Agrawal, senior officials from the commerce ministry are attending the two-day event. Over 150 investors are expected to participate, where Indian projects will be presented. The IPEF, established in May 2022, currently comprises 14 partners including Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, the Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the US, and Vietnam. The framework aims to foster collaboration among regional countries to promote resilient, sustainable, and inclusive economic growth, contributing to cooperation, stability, and prosperity. Its four pillars of cooperation include trade, supply chain, clean economy, and fair economy. While India is not involved in the trade pillar, it actively participates in the clean economy initiatives. Managed by Invest India, the IPEF Clean Economy Investor Forum seeks to mobilise investments in sustainable infrastructure, climate technology, and renewable energy projects. India will highlight its leadership in the clean economy sector, showcasing innovative solutions and large infrastructure projects to attract global investors. The forum offers two tracks for Indian industry participation: climate technology and infrastructure. Under the climate tech track, top climate tech companies and start-ups from member countries will be recognised and presented to global investors. In the infrastructure track, India will showcase sustainable infrastructure projects in sectors like energy transition, transport and logistics, and waste management to potential investors. Indian investors interested in investing in IPEF partner countries in either track are encouraged to participate in the forum, providing ample networking and investment opportunities. (Source: ET)

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Next Story
Infrastructure Transport

Saarstahl Rail to Supply Tracks for Bengaluru Suburban Rail Project

Rail Infrastructure Development Company Karnataka Limited (K-RIDE) has identified Saarstahl Rail as the lowest bidder for the track supply contract in the Bangalore Suburban Railway Project. The selected contractor will be responsible for supplying 60E1 (UIC 60), 1080 HH Grade rails in accordance with IRS-T-12-2009 standards (including all amendments and correction slips) for two specific sections: Corridor 2, from Baiyappanahalli to Chikkabanavara, and Corridor 4, between Heelalige and Rajankunte.The tender for this supply contract, which includes a completion deadline of 365 days, was issued..

Next Story
Infrastructure Transport

Railways Unveils Major Reforms to Improve Train Controller System

In a major initiative to enhance railway safety and efficiency, the Ministry of Railways has introduced a series of reforms aimed at improving the functioning and working conditions of train controllers. The measures focus on strengthening domain expertise, ensuring performance accountability, and addressing the high-stress nature of the job.Under the new guidelines, train controllers will be required to serve a minimum of three years in the control office to build sufficient operational knowledge. Only experienced and high-performing traffic inspectors and station masters with strong service ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?