India and Nepal Sign MoU to Boost Tourism Cooperation
The Indian Association of Tour Operators and the Nepal Association of Tour and Travel Agents signed a Memorandum of Understanding to increase two-way tourism flows between India and Nepal. By fostering closer ties among tour operators, India and Nepal aim to offer a seamless and enriched experience for international visitors.
India and Maldives sign 13 MoUs to Enhance Ferry Services
India and Maldives signed 13 new Memorandums of Understanding (MoUs) aimed at enhancing ferry services across the island nation. Backed by a grant of MVR 100 million (approximately $6.6 million) under the third phase of the High Impact Community Development Project, these agreements aim to improve maritime connectivity, transport infrastructure, and community livelihoods in Maldives.
Reliance Power and Bhutan Forge Landmark Solar Energy Partnership
Reliance Power of India has signed a major agreement with Green Digital Private Limited, a Bhutan government-owned entity, to develop Bhutan’s largest solar energy project. The initiative, valued at Rs 2,000 crore (around $234 million), will generate 500 MW of electricity. This project builds on a partnership between Reliance Enterprises and Druk Holding and Investments for the 770 MW Chamkharchhu-I hydropower project.
Workshop on BBIN Rail-Based Cargo Movement Study
ADB organized a workshop to discuss with officials of BBIN countries the findings and recommendations of the Bangladesh-Bhutan-India-Nepal (BBIN) rail-based cargo movement study. The study identifies infrastructure, regulatory, and policy challenges needed to shift from road to rail. The shift is expected to save time and reduce greenhouse gas emissions.
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06 MayRegional Cooperation |
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