Partnership to Advance Clean Energy (PACE) is a flagship initiative on clean energy between India and which country:
Partnership to Advance Clean Energy (PACE) is a flagship initiative on clean energy between India and which country:
The correct option is A United States
US-India PACE is a flagship initiative on clean energy that combines the resources of several US agencies and different Ministries of India. It was established with a corpus fund of about 50 crore rupees with both the countries contributing equally. A steering Committee comprising the Secretary of the MNRE and US Ambassador to India and 3 representatives from each side has been constituted to oversee the fund management.
The PACESetter Fund seeks to support the Promoting Energy Access through Clean Energy (PEACE) track of the US-India Partnership to Advance Clean Energy (PACE). In turn, it will accelerate the commercialization of off-grid clean energy with the help of early-stage funding grants to develop and test innovative systems, products and business models.
United States
US-India PACE is a flagship initiative on clean energy that combines the resources of several US agencies and different Ministries of India. It was established with a corpus fund of about 50 crore rupees with both the countries contributing equally. A steering Committee comprising the Secretary of the MNRE and US Ambassador to India and 3 representatives from each side has been constituted to oversee the fund management.
The PACESetter Fund seeks to support the Promoting Energy Access through Clean Energy (PEACE) track of the US-India Partnership to Advance Clean Energy (PACE). In turn, it will accelerate the commercialization of off-grid clean energy with the help of early-stage funding grants to develop and test innovative systems, products and business models.
