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CNI, AEPC sign hands to promote renewable energy

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KATHMANDU, June 12: Confederation of Nepali Industries (CNI) and Alternative Energy Promotion Centre (AEPC) have signed a memorandum of understanding (MoU) to promote renewable energy.



They have agreed to enter into an institutional collaboration for implementation of renewable and alternative energy technologies along with promotion and development of renewable energy in the country. [break]The MoU envisions certain terms and principles that guide, coordinate, lobby and harmonize the relationship and work on a private-public partnership modality for alternate energy promotion.



Binod Chaudhary, president of the CNI, and Krishna Gayawali, secretary of the Ministry of Environment, Science and Technology (MoEST), signed the MoU on behalf of their respective organizations, according to a statement issued on Tuesday.



"The two institutions´ services will focus on rural areas with the objective of enhancing energy access and employment while reducing poverty through public private partnership to foster growth of industrial sector," Chaudhary said at the signing ceremony.



The CNI and AEPC have also agreed to work with community based organizations, private sector, non-governmental organizations and other institutions for maintaining energy systems at affordable level, meeting basic quality standards, and maximizing use of energy for income generation activities.



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