The US Chamber of Commerce’s US-India Business Council (USIBC) is organizing a business delegation to attend the second edition of India Energy Week in Goa from February 6-9. Hosted by the Ministry of Petroleum and Natural Gas (MOPNG), India Energy Week serves as a crucial platform for global energy enterprises, startups, and thought leaders to directly engage with senior Indian government officials and the corporate community in the energy sector, as per a USIBC statement.
Leading this delegation will be USIBC President Ambassador Atul Keshap and Shilpa Gupta, Chief Technology Officer – India, GE Vernova. Their focus will be on showcasing the robustness of the US-India energy partnership. The engagements of the USIBC delegation will include a high-level US-India Energy Transition Roundtable chaired by Union Minister of Petroleum and Natural Gas Hardeep Singh Puri, along with industry briefings.
The delegation highlights various sectors such as oil and gas, power, renewable energy, critical minerals, hydrogen and alternative fuels, sustainable aviation fuels, and other areas of growth. The energy sector holds significant importance in the bilateral trade and economic relationship between the United States and India, contributing over US $20 billion in two-way trade and showing promising growth prospects, as stated by the USIBC.
Atul Keshap emphasized, “Throughout 2023, both Indian Prime Minister Narendra Modi and US President Joseph Biden have underscored the importance of US-India collaboration in advancing global energy transition. Their joint announcements on green hydrogen, promoting electric mobility, the establishment of joint investment funds for renewable energy deployment, and other initiatives highlight substantial opportunities for collaboration between the private sectors and governments of both nations. USIBC remains committed to being a partner in this collective endeavor.”