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“Energy Cooperation with Japan will be defining feature of our relationship”- Shri Piyush Goyal



“Energy Cooperation with Japan will be defining feature of our relationship”- Shri Piyush Goyal 
Shri Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy, Government of India said, “energy cooperation with Japan will be defining feature of our relationship”. Shri Goyal was addressing Institute of Energy Economics Japan in Tokyo today and was received by Mr Masakazu Toyoda CEO, Institute of Energy Economics, Japan (IEEJ). 


Taking inspiration from Japanese energy efficiency efforts, Shri Goyal said that Japan has 70-80% of lighting from LEDs, we are targeting 100% LED penetration in India by 2019. The Minister is on a visit to Tokyo, Japan to attend the 8th India-Japan Energy Dialogue on 12-14 January 2016. He also invited Japanese companies “to Come to India, Make in India and Conserve Energy in India”.

Speaking on the occasion, Shri Goyal informed that USA & Europe with just 10-12% of the world's populations have contributed ~50% of GHG emissions while India contributes only 2.5% with 17% of population. He demanded that developed countries should support the developing & emerging economies with green tech, low cost finance to keep our energy costs affordable. “Climate justice demands that the developed world reassess its lifestyle and consumption of electricity & petroleum products”, Shri Goyal added.

Earlier during the day, Shri Goyal attended three roundtable conferences on Clean Coal Technologies and Efficient Coal Based Power Generation, Super-Efficient Appliances & LEDs and Energy Efficient Petroleum Refining- Energy Audit in Refineries. He will also participate in two roundtable conferences to be held on the theme of Energy Storage Technologies and Smart Grids/Smart Meters on Thursday.

On the sidelines of the Energy Dialogue, five interactive sessions on relevant themes of Clean Coal Technologies and Efficient Coal Based Power Generation, Super-Efficient Appliances and LEDs, Energy Efficient Petroleum Refining-Energy Audit refineries, Energy Storage Technologies and Smart Grids/Smart Meters are scheduled to take place between the Indian and Japanese companies on 13th & 14th January. The themes were selected based on India’s energy needs and with a view to further deepen the cooperation in the energy sector between the two sides such that Japanese technology and capital can be dovetailed with Indian high skilled human resources and “Make in India” to create win-win situations bilaterally and beyond. 

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India- Japan Energy Dialogue Held; Both Sides Discusses Wide Range of Issues Related to Energy Sector
On the Sidelines of Energy Dialogue, Shri Piyush Goyal to Participate in Five Interactive Sessions Between the Indian and Japanese Companies 
Shri Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy, Government of India, is on a visit to Tokyo, Japan to attend the 8th India-Japan Energy Dialogue on 12-14 January 2016. Shri Goyal held the Energy Dialogue with his Japanese counterpart Mr. Motoo Hayashi, Minister of Economy, Trade and Industry on Tuesday wherein both the sides discussed a wide range of issues related to the energy sector, deepening the ongoing co-operation and also issued a Joint Statement. This is the first Ministerial level visit from India to Japan post the successful visit of the Prime Minister Shinzo Abe to India in December 2015. The Minister invited his Japanese counterpart to visit India for the 9th Energy Dialogue, at a mutually convenient time, in 2017. Shri Goyal is accompanied by a business contingent from India, representing over thirty Indian business enterprises and Public Sector Undertakings, apart from the official delegation. Shri Piyush Goyal was received by Masakazu Toyoda CEO The Institute of Energy Economics, Japan (IEEJ).

While addressing the 8th India-Japan Energy Dialogue, Shri Goyal said “the potential for bilateral cooperation in this sphere has enormous positive implications in our quest for sustainable energy growth and consumption, and improving the quality of life for our peoples. The use of energy efficiency measures as well as promotion of cleaner and renewable sources of energy in India is a step in this direction and this is reflected in the wide scope and agenda of the bilateral energy dialogue. India is committed and is steadily moving away from its dependence on fossil fuels while adopting advanced technologies to start 'smart' from the beginning while addressing its developmental priorities.”

During the visit, Shri Piyush Goyal will be meeting the Japanese leadership and interacting with the captains of the Japanese industry. The Minister will participate in a roundtable seminar at the Institute of Energy Economics of Japan (IEEJ). On the sidelines of the Energy Dialogue, five interactive sessions on relevant themes of Clean Coal Technologies and Efficient Coal Based Power Generation, Super-Efficient Appliances and LEDs, Energy Efficient Petroleum Refining-Energy Audit refineries, Energy Storage Technologies and Smart Grids/Smart Meters will take place between the Indian and Japanese companies. The themes were selected based on India’s energy needs and with a view to further deepen the cooperation in the energy sector between the two sides such that Japanese technology and capital can be dovetailed with Indian high skilled human resources and “Make in India” to create win-win situations bilaterally and beyond.

The primary objective of the visit is to optimize the technology cooperation and utilize it to benefit the common populace in all spheres of life. It is the endeavor of the Government to enhance the partnership with Japan to improve energy access at affordable prices to the people of India. The potential for bilateral cooperation in the energy sector has enormous positive implications in our quest for sustainable energy growth and consumption, and improving the quality of life for our peoples. The use of energy efficiency measures as well as promotion of cleaner and renewable sources of energy in India is a step in this direction and this is reflected in the wide scope and agenda of the bilateral energy dialogue. India is committed and is steadily moving away from its dependence on fossil fuels while adopting advanced technologies while addressing it’s developmental priorities. This bilateral cooperation will further positively contribute to global efforts in combating the challenges of climate change. 


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