A new report titled "Modern Energy: India-UAE Collaboration for a Sustainable Future" was released on March 6, 2024, at the JW Marriott Juhu, Mumbai, by the UAE-India Business Council (UIBC) and Nangia Andersen LLP.In line with the Sustainable Development Goals of the UN, the paper highlights the cooperation between India and the United Arab Emirates in the field of renewable energy with the goal of promoting a sustainable future.

For businesses looking to get into or grow in the renewable energy space between the two nations, the paper offers guidance. It draws attention to the frameworks and programs—like the UAE's Energy Strategy 2050 and India's National Solar Mission—that are essential to encouraging the use of renewable energy.

Managing Partner of Nangia Andersen LLP Suraj Nangia stated, "India and the UAE have emerged as strong advocates for a sustainable future, through collaborative efforts and continuous innovation." The report's thorough analysis of trade laws, business prospects, technical developments, and the economic synergies between India and the United Arab Emirates was highlighted by Arindam Ghosh, Partner-Power Advisory at Nangia Andersen LLP.

The UIBC Chairman, Major Gen. (Retd.) Sharafuddin Sharaf, emphasized the report's importance in fostering India-United Arab Emirates renewable energy cooperation by saying, "We are happy to present the report at a time when the UAE-India relationship is at its best, and both economies are being recognized as shining stars in the global arena."

In the joint journey of India and the UAE towards the development of renewable energy and a greener future, the publication of "Modern Energy: India-UAE Collaboration for a Sustainable Future" is a key milestone.