India and US to revamp energy ties soon; Reports
India and therefore the US have in agreement to revamp their strategic energy partnership with a bigger concentrate on cleaner energy sectors, a statement aforesaid. Oil Minister Dharmendra Pradhan on Monday command associate “introductory meeting” with USA Secretary of Energy Jennifer Granholm. The 2 nations can take more efforts to require the advantage of advanced USA technologies and India’s rapid growing energy market, the statement aforesaid.
“Both leaders in agreement to revamp the India-US SEP to mirror the new priorities of Prime Minister Narendra Modi and President Joe Biden with concentrate on promoting clean energy with low-carbon pathways and fast inexperienced energy cooperation,” it said. They in agreement to rank bigger collaboration within the cleaner energy sectors of biofuels, CCUS (carbon capture, utilization, and storage), chemical element production and carbon sequestration through technology exchange, joint R&D through Partnership to Advance Clean Energy analysis (PACE-R), among alternative initiatives.
“Both sides in agreement to convene the third meeting of a revamped India-US Strategic Energy Partnership at associate early date,” the statement aforesaid. “They set to accentuate the efforts to require advantage of the complementarities of each the countries – advanced USA technologies and quickly growing India’s energy market, for a win-win state of affairs through a cleaner energy route with low carbon pathways.” Granholm became USA Secretary of Energy in February this year.