"Dr Andreas Baum, Ambassador of Switzerland to India, and Raj Pal, Economic Adviser (Power Ministry) have inked the pact to extend the Indo-Swiss Building Energy Efficiency Project (BEEP) by five years, based on successes achieved by the project in its first phase," a statement by Embassy of Switzerland said.
According to the statement, the extended MoU will be exchanged between the two governments at the international conference - Energy Efficient Building Design: Experiences and Way Forward, on November 28, 2016.
Earlier, a Memorandum of Understanding (MoU) was signed between the Governments of India and Switzerland for a joint project on energy efficiency of buildings in November 2011, for a duration of five years.
The objective of the collaboration has been to reduce the overall energy consumed in buildings through sharing of best practices between the two countries in energy efficient design, construction and technologies.
Based on the excellent results achieved by the partnership, both governments jointly decided to extend the MoU to November 2021.
Speaking on the milestone, the ambassador said in the statement, "Since 2011, SDC's India programme has focused specifically on the issue of climate change mitigation and adaptation. Towards this end, the extension of the MoU today renews our collective vision in achieving India's energy efficiency goals.