MoU between India and the UAE for providing Energy Efficiency Services

MoU between India and the UAE for providing Energy Efficiency Services

Question: United Arab Emirates established on December 2, 1971, is a federation of … emirates.
(a) seven
(b) Ten
(c) Five
(d) three
Ans: (a)
Related Fact :

  • On 6th March, 2017, the Union Cabinet chaired by the Prime Minister Narendra Modi gave its ex-post facto approval to the Memorandum of Understanding (MoU) between the National Productivity Council and Al Etihad Energy Services UAE, to provide various services in the field of energy management and conservation.
  • National Productivity Council is an autonomous body under the Department of Industrial Policy & Promotion, Ministry of Commerce & Industry.
  • Under the MoU, the NPC will provide Energy Assessment Services, Training & Certification of Energy Auditors and Demand Side Management.
  • Meanwhile, Al Etihad Energy Services will provide customer Support, all local support for Field Auditing Professionals, Training & Certification of Energy Auditors, and all support related to Demand Side Management of industries based in UAE.
  • The MoU will enable NPC avail high value opportunities such as energy building and develop institutional mechanism in area of energy efficiency in Dubai and other Gulf Cooperation Council member countries. It will provide recognition and exposure to further build NPC’s capacities and competencies. MoU will be a precedent for engagements with other International collaboration partners and will enhance NPC’s visibility in arena. The MoU will help promote NPC in GCC member countries and will generate business for NPC in the area of energy.
  • Apart from this, the Cabinet also provided its ex-post facto approval for signing of the Definitive Agreement on Oil Storage and Management between Indian Strategic Petroleum Reserve Ltd (ISPRL) and Abu Dhabi National Oil Company (ADNOC) of UAE.
  • According to the Agreement, the ADNOC will fill up 0.81 MMT or 5,860,000 million barrels of crude oil at ISPRL storage facility at Mangalore, Karnataka.
  • A major part of the stored crude oil will be purely for strategic purposes. The signing of the Agreement will augment India’s energy security.
  • It is notable that United Arab Emirates was established on December 2, 1971. It is a federation of seven emirates.

Reference:
http://www.business-standard.com/article/government-press-release/cabinet-gives-ex-post-facto-approval-to-the-mou-between-india-117030601214_1.html
http://pib.nic.in/newsite/PrintRelease.aspx?relid=158903