The Union Minister of Power and Renewable Energy RK Singh expressed India’s interest in collaborating with the UK on offshore wind. He also stressed the need for the developed and developing countries to work together to bring down the cost of storage. He informed the delegation that India is the only G20 country whose actions are in accordance with the NDCs set by them under the Paris Agreement.

During the meeting, discussions were held on the need of increasing storage capacity given India’s ambitious target of having 450 GW of installed Renewable Capacity by 2030. The UK side was invited to participate in the upcoming bids for Green Hydrogen and lithium-ion.

India has already retired 16369 MW of inefficient thermal units till March 2021 stated the Power Minister in a meeting with the COP 26 President. The COP26 President had raised the topic of phasing out of coal-fired power plants, in the meeting with the Secretary (Power), Secretary (MNRE) and High Commissioner of UK.