NEW DELHI: India and Saudi Arabia on Monday set out to transform their traditional oil buyer-seller relationship into an energy transition partnership by agreeing to work towards building undersea interlink between their electricity grids, renewable power and green hydrogen capacities.The MoU, signed by renewable energy minister RK Singh and his Saudi counterpart Abdulaziz bin Salman Al-Saud, has the potential to change India’s status from a net buyer of Saudi oil and cooking gas (LPG) to an energy exporter with green power and hydrogen exports.Saudi Arabia is India’s third-largest...
NEW DELHI: India and Saudi Arabia on Monday set out to transform their traditional oil buyer-seller relationship into an energy transition partnership by...