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The UAE-India Business Council (UIBC) and Nangia Andersen LLP launched a new report headed "Modern Energy: India-UAE Collaboration for a Sustainable Future" on 06 March, 2024 at JW Marriott Juhu, Mumbai. The report focuses on the partnership between India and the United Arab Emirates in the renewable energy sector, hoping to boost a sustainable future in alignment with the United Nations Sustainable Development Goals.
The report serves as a guide for companies seeking to enter or expand their operations in the renewable energy sector between the two countries. It highlights the policy frameworks and initiatives such as India's National Solar Mission and the UAE's Energy Strategy 2050, which are pivotal in promoting renewable energy adoption.
"India and the UAE have emerged as strong advocates for a sustainable future, through collaborative efforts and continuous innovation," said Suraj Nangia, Managing Partner at Nangia Andersen LLP. Arindam Ghosh, Partner - Power Advisory at Nangia Andersen LLP, emphasised the report's comprehensive overview of trade policies, investment opportunities, technological advancements, and the economic synergies between India and the UAE.
Major Gen. (Retd.) Sharafuddin Sharaf, Chairman of UIBC, highlighted the significance of the report in advancing renewable energy collaboration between India and the UAE, stating, "We are delighted to present the report at a time when the UAE-India relationship is at its best, and both economies are being recognised as shining stars in the global arena."
The release of "Modern Energy: India-UAE Collaboration for a Sustainable Future" marks a significant step in the shared journey of India and the UAE towards renewable energy development and a greener future.
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