Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Industry / Energy/  India hosts first meeting of governing board of BIMSTEC Energy Centre
BackBack

India hosts first meeting of governing board of BIMSTEC Energy Centre

Considering the current energy scenario in the BIMSTEC region, the meeting recommended addition of the cyber security, green hydrogen, and energy transition areas under the specialised wings of BEC.

India hosts first meeting of governing board of BIMSTEC Energy Centre. (File Photo: Mint)Premium
India hosts first meeting of governing board of BIMSTEC Energy Centre. (File Photo: Mint)

New Delhi: The central government hosted the first meeting of the governing board of BIMSTEC Energy Centre (BEC) on 27 February, 2023 in Bengaluru.

The meeting witnessed active participation from member countries Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.

“India’s ‘Neighbourhood first’ and ‘Act East’ policies were highlighted during the meeting and a snapshot of areas where BIMSTEC countries can learn and adapt from each other was also presented," the Ministry of Power said.

As host, India made a presentation on establishing BIMSTEC Energy Centre (BEC) in the premises of the Central Power Research Institute (CPRI), Bengaluru.

“Ghanshyam Prasad, chairperson, CEA, was nominated as the first executive director of the Energy Centre. The meeting considered and finalized the note on ‘Host Country Agreement between the Government of Republic of India and the BIMSTEC Secretariat’. The same was recommended to the seventh meeting of BIMSTEC Permanent Working Committee for consideration," the ministry said.

Considering the current energy scenario in the BIMSTEC region, the meeting recommended addition of the cyber security, green hydrogen, and energy transition areas under the specialised wings of BEC.

“The member countries appreciated India’s efforts for organizing the first meeting of the Governing Board of BIMSTEC Energy Centre. The countries expressed that such meetings of the BIMSTEC will happen more frequently," the ministry added.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 01 Mar 2023, 04:17 PM IST
Next Story footLogo
Recommended For You
Energy Stocks
₹1,824.250.53%
₹166.250.9%
₹516.82.34%
₹88.561.21%
₹330.651.6%
Switch to the Mint app for fast and personalized news - Get App