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India Signs Agreement to Host BIMSTEC Energy Centre in Bengaluru.

MOUs and Agreement | Dated: 19 Nov 2024

India signed the Host Country Agreement (HCA) for establishing the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Energy Centre in Bengaluru, Karnataka. This initiative aims at enhanced energy cooperation in the Bay of Bengal and littoral region, including through inter-grid connectivity.

🎯 Key Highlights:

  • - The agreement was formalized in New Delhi on 08 November 2024.
  • - The Energy Centre will be housed in the premises of the Central Power Research Institute (CPRI) Bengaluru and also function as the Secretariat of the BIMSTEC Grid Interconnection Coordination Committee (GICC).
  • - The agreement was signed between the Ministry of External Affairs (MEA), Secretary (East) Jaideep Mazumder, and BIMSTEC Secretary General, Indra Mani Pandey.

💡 Other Important Facts:

  • (i) India hosted the first meeting of the Governing Board of BIMSTEC Energy Centre (BEC) on 27 February 2023 at Shangri-La Hotel, Bengaluru.
  • (ii) Indra Mani Pandey participated in the Second Edition of Raisina Down Under 2024 in Canberra, Australia.
  • (iii) External Affairs Minister Dr. S. Jaishankar reiterated India's dedication to strengthening ties with BIMSTEC during a meeting of foreign ministers.

📚 Test Your Knowledge:

Where is the BIMSTEC Energy Centre being established as per the recent agreement?

Correct Answer: Bengaluru

🚀 Quick Recap:

About BIMSTEC (Bay of Bengal Initiative for Multi- Sectoral Technical and Economic Cooperation)

  • Secretary General : Indra Mani Pandey
  • Headquarters : Dhaka, Bangladesh