India And US Agreed To Revamp Strategic Energy Cooperation

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Capital Market
Last Updated : Mar 30 2021 | 1:31 PM IST
Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan held an introductory meeting virtually with US Secretary of Energy H.E. Jennifer Granholm. Minister Pradhan congratulated Secretary Granholm on assuming the high office and reviewed the India-US Strategic Energy Cooperation (SEP). Both leaders agreed to revamp the India-US 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. They agreed to prioritise greater collaboration in cleaner energy sector- biofuels, CCUS, hydrogen production and carbon sequestration through technology exchange, joint R&D through Partnership to Advance Clean Energy Research (PACE-R), among other initiatives.

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First Published: Mar 30 2021 | 10:45 AM IST

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