To implement the Prime Minister’s vision of affordable energy for all, Shri Piyush Goyal Union Minister of State (IC) for Coal, Power and New and Renewable had an Energy Security Dialogue with Australian Minister for Resources, Energy and Northern Australia, Mr Josh Frydenberg between 8th to 11th February at Canberra. In this both the countries discussed the issues, business cooperation in coal bed methane and LNG production and trade.
The several roundtables have organized during the Energy Security Dialogue with a view to getting to know the state of art technologies in the relevant areas. These roundtables include Efficient Coal Mining, Clean Coal Technologies, Coal Gasification (including underground) Mine Safety, Mine Closure etc. and the business opportunities for LNG production and trade, Coal Bed Methane at Brisbane. Renewable Energy and Challenges for Grid Integration at Sydney. Investors Roundtables (Business Community, Investors, Industry Analysts etc.) at Sydney.
The main focus areas which have been proposed for energy security dialogue between both the countries are as follows – underground mining technologies mine closure and reclamation of mined out areas mines safety capacity building exploration technologies for coal exploration. Dignitaries from India have share its perspective on upcoming opportunities for trade of LNG between India-Australia. The policy collaboration on issues pertaining to LNG trade have also been discussed.
Earlier, The India – Australia Energy Security Dialogue was established following the visit of then Australian Prime Minister Julia Gillard to India in October, 2012. The Dialogue was institutionalized to discuss areas of mutual interest in energy security and key issues in India and Australia’s energy markets, as well as regional and globe trends, and developments in both countries. Two meetings of the Energy Security Dialogue were held in New Delhi and Brisbane in 2013 and 2014 respectively.