India-Ghana focuses on renewable energy
08 May 2024
1 Min Read
CW Team
Renewable energy was a focal point at the Joint Trade Committee (JTC) meeting between India and Ghana, held in Accra on May 2-3, 2024. The discussions were led by Amardeep Singh Bhatia, Additional Secretary, Department of Commerce, India, and Michael Okyere-Baafi, Deputy Minister for Trade and Industry, Ghana.
The meeting also discussed integrating India's Unified Payment Interface (UPI) with Ghana?s payment systems within six months. Potential agreements on digital transformation solutions and Local Currency Settlement Systems (LCSS) were explored. Opportunities under the African Continental Free Trade Agreement (AFCFTA) were also highlighted.
The Indian delegation included officials from the Geological Survey of India, EXIM Bank, the Indian Pharmacopoeia Commission, and the Confederation of Indian Industry (CII), engaging with AFCFTA officials on various cooperative endeavours.
Other sectors identified for collaboration were pharmaceuticals, healthcare, ICT, agriculture, food processing, power, the digital economy, infrastructure, critical minerals, textiles, and garments. As India becomes a significant investor in Ghana, bilateral trade between India and Ghana continues to grow, with $2.87 billion recorded in the fiscal year 2022-23.
Renewable energy was a focal point at the Joint Trade Committee (JTC) meeting between India and Ghana, held in Accra on May 2-3, 2024. The discussions were led by Amardeep Singh Bhatia, Additional Secretary, Department of Commerce, India, and Michael Okyere-Baafi, Deputy Minister for Trade and Industry, Ghana.
The meeting also discussed integrating India's Unified Payment Interface (UPI) with Ghana?s payment systems within six months. Potential agreements on digital transformation solutions and Local Currency Settlement Systems (LCSS) were explored. Opportunities under the African Continental Free Trade Agreement (AFCFTA) were also highlighted.
The Indian delegation included officials from the Geological Survey of India, EXIM Bank, the Indian Pharmacopoeia Commission, and the Confederation of Indian Industry (CII), engaging with AFCFTA officials on various cooperative endeavours.
Other sectors identified for collaboration were pharmaceuticals, healthcare, ICT, agriculture, food processing, power, the digital economy, infrastructure, critical minerals, textiles, and garments. As India becomes a significant investor in Ghana, bilateral trade between India and Ghana continues to grow, with $2.87 billion recorded in the fiscal year 2022-23.
Next Story
BCAS Revokes Security Clearance of Celebi Over National Security
The Bureau of Civil Aviation Security (BCAS) has revoked the security clearance of Celebi and its associated companies on grounds related to national security.Union Minister of Civil Aviation, Govt of India, Ram Mohan Naidu has made it clear that nothing is above the security of our nation and our fellow citizens. National interest and public safety are paramount and non-negotiable.At the same time, the Ministry of Civil Aviation is fully committed to ensuring that passenger convenience, cargo operations, and service continuity remain unaffected. Arrangements have been made at all affected air..
Next Story
Vikram Solar To Supply 327 MW Modules for Gujarat Project
Vikram Solar has secured a significant contract from Gujarat Industries Power Company Limited (GIPCL) to supply 326.625 MW of high-efficiency solar modules for the Khavda Renewable Energy Park in Gujarat. The modules are scheduled for delivery in the 2025鈥�26 financial year.With this order, Vikram Solar鈥檚 total contribution to India鈥檚 renewable energy sector rises to approximately 1.3 GW. The company, headquartered in Kolkata, specialises in advanced photovoltaic (PV) module manufacturing and has a presence in 39 countries.Commenting on the development, Gyanesh Chaudhary, Chairman and Man..
Next Story
KMRL to Build 12 MW Solar Park in Kasaragod
The Kerala government鈥檚 Revenue Department has leased 50 acres of government land in Kasaragod to Kochi Metro Rail Limited (KMRL) for the development of a 12 MW solar park. Located in Ambalathara village, Hosdurg taluk, this strategic allocation marks a major milestone in KMRL鈥檚 plan to power its metro network entirely through renewable energy.The land has been leased for 30 years at an annual rent of Rs 3.2 million, set at 3 per cent of the land鈥檚 market value, with adjustments every three years. The initiative reflects the state鈥檚 commitment to sustainable urban infrastructure and su..