US Industry Body Recognizes India’s Global Role in Energy Transition.

The US-India Business Council (USIBC) spearheaded a prominent business delegation to the second installment of India Energy Week 2024 in Goa, acknowledging India’s significant global contribution to advancing the energy transition.

Ambassador Atul Keshap led the USIBC delegation, engaging in discussions with Union Petroleum Minister Hardeep Singh Puri, Prime Minister Narendra Modi’s Advisor Tarun Kapoor, and Keisuke Sadamori, Director of Energy Markets and Security at the International Energy Agency.

During the opening ceremony, Prime Minister Modi emphasized India’s projected doubling of energy demand by 2045 and the expected increased role of natural gas in India’s energy mix from 6 percent to 15 percent. The USIBC highlighted Minister Puri’s advocacy for India Energy Week, underscoring India’s global leadership in advancing energy transition.

Minister Puri also co-chairs the US-India Strategic Clean Energy Partnership with US Secretary of Energy Jennifer Granholm. The roundtable, which included Petroleum Secretary Pankaj Jain, explored potential collaboration areas in oil and gas, biofuels through the Global Alliance on Biofuels, and critical technologies such as hydrogen, energy storage, nuclear power, and Carbon Capture, Usage, and Storage (CCUS).

In conjunction with India Energy Week, USIBC and GE Vernova convened discussions with Advisor Tarun Kapoor and IEA Director Keisuke Sadamori on global energy transition and security. USIBC President Atul Keshap commended the Indian government and Petroleum and Natural Gas ministry for the successful event, emphasizing its role in facilitating international collaboration on energy transition and emerging technologies.

He expressed readiness for USIBC members to engage in innovative projects to catalyze energy transition in India, the US, and globally. Shilpa Gupta, Chief Technology Officer, India, GE Vernova, emphasized the importance of technological advancements in India’s energy transition journey, highlighting the potential of green hydrogen, BESS, and hybrid power plants.

USIBC reiterated its commitment to enhancing US-India energy partnerships, fostering innovation, and facilitating a smooth energy transition.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

US companies are exhibiting a significant indicator of economic uncertainty.

Next Post

Tessa Zimmerman: Revolutionizing Mental Health Education in Schools

Related Posts