India-Australia Pact Paves Way for Green Energy Cooperation

India and Australia are exploring increased cooperation in critical minerals, battery production, and electric vehicles. The two nations have signed an interim free trade agreement and aim to expand it into a comprehensive pact, facilitating easier access to critical minerals and boosting India's green energy transition.


PTI | New Delhi | Updated: 01-07-2024 14:51 IST | Created: 01-07-2024 14:51 IST
India-Australia Pact Paves Way for Green Energy Cooperation
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India and Australia are setting the stage for deeper collaboration in critical minerals and battery production to drive the green energy revolution, Commerce Secretary Sunil Barthwal announced on Monday. Highlighting their ongoing efforts, Barthwal revealed that both nations are working towards expanding an interim free trade agreement into a comprehensive pact.

During a conference on vehicle electrification, Barthwal emphasized the integration of economies, stating, "We are focusing on battery production, mineral processing, and vehicle manufacturing." The Indian government is proactively enhancing the electric vehicle (EV) ecosystem, including the development of charging infrastructure and manufacturing facilities.

Australian High Commissioner Philip Green OAM echoed this sentiment, stressing Australia's mineral wealth's pivotal role. He cited Australia's top positions in lithium and cobalt production, which can significantly support India's green transition. The collaboration aims to provide India with greater access to these critical minerals, vital for advancing clean energy technologies such as wind turbines and EVs.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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