India-Spain Current Affairs

India-Spain ink Techno-commercial agreement for three RRTS corridors

India and Spain have signed Techno-commercial agreement to provide institutional mechanism for mutual cooperation in field of urban transport and for construction of the three Regional Rapid Transit System (RRTS).

Three RRTS corridors Delhi-Meerut Smart Line, Delhi – Panipat Smart Line and Delhi – Alwar Smart Line have been prioritised for implementation in the first phase.

RRTS

RRTS is first of its kind project in India, with design speed of 180 kmph. It will use state-of-the-art technologies for track structure, rolling stock and signalling system.  The three RRTS corridors will significantly reduce travel time between important NCR towns. On completion, RRTS will emerge as fastest, comfortable and safe mode of transport in NCR.

Delhi-Ghaziabad-Meerut corridor will be first corridor to be implemented for which pre-construction activities including geo-technical investigations, detailed design, utility shifting planning and traffic diversion planning are in progress.

Techno-commercial agreement

The agreement will enable availability of technical advice on specific issues, besides providing training and collaboration in technical areas of track, signalling, rolling stock, multi-modal integration, safety, station design etc. It will also provide institutional mechanism for mutual cooperation in field of urban transport and especially in implementation of RRTS project.

National Capital Region Transport Corporation, a joint venture between Union Government and state governments of Uttar Pradesh, Rajasthan, Haryana and Delhi is mandated to design, construct, operate and maintain rail based RRTS in National Capital Region (NCR).

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Union Cabinet approves MoU between India and Spain on cooperation in renewable energy

The Union Cabinet has approved Memorandum of Understanding (MoU) between India and Spain on India-Spain Cooperation in renewable energy. The MoU was signed in May 2017 at Spain.

The MoU aims at strengthening bilateral cooperation between both countries with the exchange of expertise and networking of information in field of in renewable energy.

Key Facts

Under the MoU, both sides will establish the basis for a cooperative institutional relationship to encourage and promote bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. The MoU also envisages establishing a Joint Working Committee (JWG) to review, monitor and discuss matters relation to areas of cooperation.

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