India, U.S. to revamp energy ties

The two leaders reviewed the India-U.S. Strategic Energy Partnership (SEP)

March 30, 2021 05:27 pm | Updated 05:27 pm IST - New Delhi

Oil Minister Dharmendra Pradhan. File

Oil Minister Dharmendra Pradhan. File

India and the United States have agreed to revamp their strategic energy partnership with a greater focus on cleaner energy sectors, an official statement said.

Oil Minister Dharmendra Pradhan on Monday held an “introductory meeting” with U.S. Secretary of Energy Jennifer Granholm.

The two leaders reviewed the India-U.S. Strategic Energy Partnership (SEP).

The two nations will intensify efforts to take advantage of advanced U.S. technologies and India’s rapidly growing energy market, the statement said.

“Both leaders agreed to revamp the India-U.S. SEP to reflect the new priorities of Prime Minister Narendra Modi and President Joe Biden with focus on promoting clean energy with low-carbon pathways and accelerating green energy cooperation,” it said.

They agreed to prioritise greater collaboration in the cleaner energy sectors of biofuels, CCUS (carbon capture, utilisation and storage), hydrogen production and carbon sequestration through technology exchange, joint R&D through Partnership to Advance Clean Energy Research (PACE-R), among other initiatives.

“Both sides agreed to convene the third meeting of a revamped India-U.S. Strategic Energy Partnership at an early date,” the statement said. “They decided to intensify the efforts to take advantage of the complementarities of both the countries — advanced U.S. technologies and rapidly growing India’s energy market, for a win-win situation through a cleaner energy route with low carbon pathways.” Ms. Granholm became U.S. Secretary of Energy in February this year.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.