India and Romania to focus on power and energy ties

Jun 03, 2006 02:00 AM

India and Romania will strive to identify areas of cooperation in the power and energy sectors when a top-level delegation from Bucharest arrives. The delegation will be led by Romanian deputy trade minister Iuliu Winkler.
During the five-day visit, the minister and his delegation, which has representatives of the power and energy sector, will hold meetings with minister of commerce and industry Kamal Nath, followed by discussions with minister of power, minister of non-conventional energy sources, and minister of science and technology Kapil Sibal.

Romanian embassy officials said, “The agenda of the visit is to identify areas of cooperation with the Indian power and non-conventional energy companies to work together here, in Romania or in a third country.”
India and Romania have decided to further enhance cooperation in the oil and gas sector.

At a meeting in New Delhi last year, both countries agreed to concretise the proposals and projects for cooperation in the energy and power sectors.
"There are many opportunities in exploration and production, refining, pipeline and research and development. Indian companies could look for such ventures in the Black Sea region while those from Romania could participate in upstream activities in India," embassy officials said.

Source: AP
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