India to Revamp Global Energy Business by Multilateral Funding Systems - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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To revamp the global energy business, and to overcome geopolitical complexities and financing problems that plague global energy projects, India has proposed multilateral funding mechanism.

In a European Commission energy meet, the power ministry said that India will support global initiatives that strengthen mutual energy security and suggested that international organizations, like the World Bank, can facilitate financing of energy transport infrastructure, like oil and gas pipelines, to overcome bilateral or regional complexities.

Source: Times of India

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