Octopus Energy and Sterlite Power have inked a pact to help decarbonise the Indian industry and bring cheaper green power to consumers around the world.
“Energy technology pioneer Octopus Energy Group and leading Indian power transmission player Sterlite Power have signed an agreement that aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world,” a statement said.
According to the statement, the memorandum of understanding (MoU) signed at COP26 will see the two companies explore several joint retail ventures.
It is the first UK-India energy partnership since the Green Grids announcement launched by UK Prime Minister Boris Johnson and Indian Prime Minister Narendra Modi at COP26 in November 2021.
