India, Sweden to fund joint R&D in renewable energy and storage

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Proposals are invited from Indian-Swedish teams for joint research and development of innovative products and processes in renewable energy, electric vehicles, energy storage, reduced energy consumption and carbon dioxide emissions, alternative fuels and mobile energy sources.

The Department of Science & Technology, Government of India, will provide financial support of up to INR 1.5 crore per project to Indian organizations for a maximum project period of 24 months. Industry participants may receive up to 50% of their part of the eligible costs, and R&D organizations/academic institutions up to 100% on a reimbursement basis.

The Swedish Agency for Innovation Systems (Vinnova) will provide up to 2.5 million Swedish Krona per project to Swedish organizations. The maximum aid intensity is up to 50% of eligible costs for commercial entities, 100% for research organizations, and 80% for public-sector organizations.

A maximum of five projects may be funded.

Proposals must demonstrate the joint India-Sweden project teams’ capacity to manage the proposed project in their respective countries and jointly with the counterpart project.

The expected start date for the approved projects is September 1, 2021. The project completion period is two years.

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