Categories: Agreements

India signs MoU with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council to promote adoption of energy efficiency

Energy Efficiency Services (EESL), a joint venture of public sector undertakings under the Ministry of Power, signed a Memorandum of Understanding (MoU) with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC) Malaysia at India Energy Week (IEW). The MoU aims to promote the adoption of energy efficiency and sustainable practices in the region.

MT-GT is positioned as part of the ASEAN building block, linking ASEAN Sustainable Urbanisation Strategy with IMT-GT Sustainable Urban Development Framework 2019 – 2036 (SUDF).

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Significance of This MoU:

  • Under this partnership, EESL will implement Rooftop Solar, LED Street Light Project, Electric Mobility, UJALA, and Building Energy Efficiency Programme in Indonesia, Malaysia, and Thailand.
  • As part of this strategic partnership, EESL will provide technical advisory, project management support, contracting and implementation support to execute select energy efficiency programmes from its portfolio with proven track records of successful implementation.
  • EESL will also collaborate with IMT-GT JBC Malaysia to identify opportunities for saving energy and lowering carbon emissions. Additionally, the IMT-GT JBC Malaysia will identify other new interventions to achieve its targets under Green City Action Plans 2022-2025 and assist EESL for various sector-led negotiations as well as provide support for the successful roll out of energy efficiency projects in Indonesia, Malaysia, and Thailand.

Find More News Related to Agreements

 

Piyush Shukla

Recent Posts

India’s Wholesale Inflation Rises to 9.87% in June 2026

India's wholesale price inflation, (WPI) increased to around 9.87% in month of June 2026, this…

33 minutes ago

Jio Platforms Appoints Pankaj Pawar as CEO Ahead of Landmark IPO

Jio Platforms Ltd., which is a subsidiary of the Reliance Industries Limited (RIL) that deals…

1 hour ago

India’s June Trade Deficit Surges 59% YoY to $30.43 Billion

India's merchandise trade deficit surged to $30.43 billion in June 2026, registering a 59% growth…

2 hours ago

Longest River in Gujarat: The 1,312 km Lifeline of Gujarat and Natural Boundary Between North & South India

The Narmada River, which has an approximate length of 1,312 kilometres, it is the longest…

3 hours ago

Delhi Govt Renames Mahila Samriddhi Yojana as Delhi Lakshmi Yojana

The state government of Delhi has renamed its flagship welfare initiative, Mahila Samriddhi Yojana as…

4 hours ago