India & Denmark sign MOU to develop cooperation in the power sector

India and Denmark signed a Memorandum of Understanding (MoU) on Indo-Denmark Energy Cooperation to develop cooperation in the power sector.
The MoU was signed between the Ministry of Power, India, and the Ministry for Energy, Utilities, and Climate, Denmark. The MoU was signed by Mr. Sanjiv Nandan Sahai, Secretary (Power) from India and Mr. Freddy Svane, Ambassador of Denmark to India from Denmark.
The MoU will establish collaboration in areas like offshore wind, long term energy planning, forecasting, flexibility in the grid, consolidation of grid codes to integrate and operate efficiently variable generation options, flexibility in the power purchase agreements, incentivize power plant flexibility, variability in renewable energy production, etc.
The Indian electricity market would benefit from cooperation with Denmark in all the aspects of power.