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Saudi Arabia Pact to bring in technological innovation and low cost of finance

MNRE has signed pact with Saudi Arabia’s Ministry of Energy to share a co-operation in field of renewable energy. This pact is expected to build framework and co-operation between India and Saudi Arabia. It will imbibe technological innovation, applications and low cost of financing. This will also open opportunities for the entities engaged in transition of clean energy and development, thus developing renewable energy in solar, wind, biogas, geothermal and other field of clean energy.