Aiming to address vehicular pollution, India and Sweden will work together on electric mobility to bring it down, Power, Coal and New & Renewable Energy Minister Piyush Goyal said."I am very keen to work with Sweden on electric mobility to see how electric vehicles can help us bring down vehicular pollution," Goyal said while speaking at a round table on Smart Grid and Energy Solutions in Stockholm."India desires to use coal more efficiently to achieve its climate objectives of reducing carbon footprints," he added.The minister was on an official visit to Sweden from November 1-3, 2016 at the invitation of the Swedish Minister for Policy Coordination & Energy, Ibrahim Baylan.
In a bilateral meeting between the two countries, both sides referred to the existing memorandum of understanding on Renewable Energy Cooperation and reviewed the current cooperation in the energy sector and the next steps to enhance collaboration especially in waste-to-energy, energy efficiency, transmission and distribution, hydropower, electro-mobility, smart grids, smart metering, solar energy, water treatment, and mining, an official statement said.Coinciding with the minister's visit to Sweden and Finland between November 1-5, industry chamber Ficci's President Harshavardhan Neotia is leading a business delegation to these two countries.While addressing an interactive session on green financing and investments at Stockholm Neotia said: "It is an opportune time for India and Sweden to collaborate for developing Indian green bond market. The Indian Green Bond Market Development Council set up by Ficci and Climate Bonds Initiative can work with Swedish investors to enhance the green bonds market outlook for India."