Siemens on Friday said that it has inked two memoranda of understanding (MoU) with state-run power giant NTPC and The Energy and Resources Institute (TERI) for decarbonisation.
The company has signed MoU with NTPC for reducing the industrial and commercial carbon footprint and bringing down the dependence on hydrocarbons in India, Siemens said in a statement.
According to statement the other MoU with TERI is for enabling energy transitions across the electricity, transport and industrial sectors
It said that the collaboration (with NTPC) is aimed at developing innovative technologies, solutions and techniques to reduce the dependence on Hydrocarbons in India.
Siemens Limited signed a separate MoU with TERI for collaboration on technologies to support the energy transition in India including sector-coupling.
* * * * * * GeM signs MoU with banks for cashless payments *
Government e-Marketplace (GeM) has signed an MoU with Indian Bank and Canara Bank to facilitate a cashless, paperless and transparent payment system on the public procurement portal.
The commerce ministry said on Friday that it would create an efficient procurement system for government entities.
Through this partnership, both the banks will be able to offer an array of services including transfer of funds through GeM Pool Accounts (GPA), advising of Performance Bank Guarantees (e-PBG), Earnest Money Deposit (EMD) and Payment Gateway to the registered users on the portal.
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