India-Bangladesh MOU specifies non-commercial tech transfer in renewables

This Memorandum of Understanding (MOU) between India and Bangladesh establishes a framework for bilateral cooperation in new and renewable energy technologies. It aims to promote technical collaboration, information exchange, and joint research based on mutual benefit and reciprocity.

The agreement involves the Government of the People’s Republic of Bangladesh (specifically the Power Division, Ministry of Power, Energy and Mineral Resources) and the Government of the Republic of India (specifically the Ministry of New and Renewable Energy). It affects sectors related to Solar Energy, Wind Energy, and Bio-Energy, as well as scientific institutions, research centers, and universities that may be co-opted into the Joint Working Group.

• Establishment of a 'Joint Working Group' to coordinate activities and decide on project proposals.
• Cooperation modalities include exchange of scientific/technical personnel, data sharing, workshops, and transfer of equipment/know-how on a non-commercial basis.
• Focus areas include Solar Energy, Wind Energy, and Bio-Energy.
• The Joint Working Group will address financing mechanisms and cost sharing.
• Representatives designated to the Joint Working Group must be not below the rank of Joint Secretary.
• The MOU enters into force on the date of signing and can be terminated by either party with 90 days' written notice.

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