Dr. Farooq Abdullah, Union Minister for New & Renewable Energy during his interaction with Ms. Lehtomaki, Minister of the Environment of Finland stressed on potential cooperation between the two countries in the field of renewable energy. They agreed that there is tremendous scope for understanding and exchanges in the sphere of renewables, especially bio-fuels, waste to energy and in sustainable development. The delegation led by Ms. Paula Lehtomaki called on Dr. Farooq Abdullah, here today and included Director of International Affairs, Ministry of the Environment and Forest and Political Advisor to the Minister, Ministry of Environment & Forests of Finland.
The Finland Minister is in Delhi for attending the Delhi Sustainable Development Summit (DSDS) organized by The Energy and Resources Institute (TERI). The Finnish Minister invited Indian renewable energy companies and entrepreneurs to collaborate with their Finnish counterparts to the mutual benefit of both countries.
Finland, located in Northern Europe, is the fifth largest country in Europe with strong technical and industrial capacity in the field of biomass energy, municipal waste and hydro power. 20% of its total energy is derived from renewable energy sources mostly from biomass and wastes. India and Finland already have an on-going mechanism of cooperation in the field of renewable energy under the aegis of Joint Working Group on Clean Technology and Waste Management.
Speaking on the sidelines of the event, Finland’s Environment Minister Paula Lehtomaki said, Several Finnish companies are keen to form joint ventures with Indian firms to expand their operations in the country and promote the use of clean technology.
‘Finnish companies are looking for partners in India. Some of them have already started their businesses with local partners. Many more are looking for partners to explore the possibility of further investment,’ the minister said.
Some of the leading Finland companies present include The Switch, Kemira, Metso, Picosun and Ruukki . As Panchabuta had reported a couple of days back, The Switch -Finland based energy technology company in Wind and Solar expanded its presence in India with its new office in Chennai