homeeconomy NewsCabinet to discuss India Saudi MoU on power grid interconnections

Cabinet to discuss India-Saudi MoU on power grid interconnections

The proposal entail linking national grids of India and Saudi Arabia through undersea cables.

By Abhimanyu Sharma  Sept 6, 2023 2:37:04 PM IST (Updated)

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Union Cabinet is likely to discuss India-Saudi Memorandum of Understanding (MoU) on power grid interconnections on Wednesday, sources told CNBC-TV18. The Cabinet meeting is currently underway.
The proposal entail linking national grids of India and Saudi Arabia through undersea cables. A separate proposal for power grid interconnection between India and UAE is pending approval.
India will also sign bilateral agreements with Saudi Arabia and the UAE, once the Cabinet approves the decision.