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Denmark and India: Green Partners

1 Mar 2023

Denmark's Minister for Energy, Climate and Utilities, Lars Aagaard, recently commended India's efforts to bring down the tariff of renewable energy, especially solar, through e-reverse auction of projects. He praised India's ability to provide electricity to over 700 million people in the last 35 years, and said that India's population had grown by over 400 million since his visit 35 years ago.

At the 'Indian and Denmark: Partners for Green and Sustainable Progress Conference' organized by CII, Aagaard highlighted the importance of Denmark and India working together to embark on the green hydrogen future. He said that Denmark could learn from India's development in solar energy and its ability to bring down costs, which could lead to a partnership on green hydrogen. Denmark is committed to working with India at all levels to make the future resilient and green, he added.

The conference saw the signing of seven memorandum of understandings (MoUs) between Danish and Indian firms, including an MoU between SAEL Industries and Danish biomass boiler company Burmeister & Wain Energy for the supply of six biomass waste to energy boilers. Another MoU was signed between Stiesdal and L&T to increase collaboration within floating offshore wind technology in India and globally, as well as exploring the possibility of using Danish solutions and technologies.

Meanwhile, under the "Green Strategic Partnership," Topsoe A/S and HPCL Mittal Energy Ltd (HMEL) are exploring collaboration to propel India's growth in green hydrogen and its derivatives outlined in its National Green Hydrogen Mission, as well as contribute to India's net-zero goal by 2070. This partnership aims to extend their long-standing relationship in CleanTech.

Foreign Affairs Minister Lars Løkke Rasmussen also acknowledged India's role in achieving global goals in green and sustainable development and stated that Denmark recognized it fully. Danish companies hold expertise in accelerating green transitions and have a long experience in lowering energy consumption and emissions, he added. He further said that Denmark looks forward to signing commercial MOUs and agreements with India to work together on green energy solutions.

In conclusion, Lars Aagaard and Lars Løkke Rasmussen both emphasized the importance of working together to achieve sustainable development and promote non-fossil energy solutions, such as biomass boilers and green hydrogen. The MoUs signed between Danish and Indian firms will contribute significantly to this goal, and Denmark is committed to working with India to build a resilient and green future.

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