During a virtual meeting between Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan and US Secretary of Energy H.E. Jennifer Granholm held on March 29, 2021, both leaders agreed to revamp the India-US SEP to reflect the new priorities of Prime Minister Narendra Modi and President Joe Biden with a focus on promoting clean energy with low-carbon pathways and accelerating green energy cooperation.
They agreed to prioritise greater collaboration in the 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.
Mr Pradhan in a tweet said, "Had an excellent introductory meeting virtually with US Secretary of Energy H.E Jennifer Granholm. Congratulated @SecGranholm on assuming the high office. Reviewed the India-US Strategic Energy Cooperation (SEP). @ENERGY."
1. Had an excellent introductory meeting virtually with US Secretary of Energy H.E Jennifer Granholm. Congratulated @SecGranholm on assuming the high office. Reviewed the India-US Strategic Energy Cooperation (SEP). @ENERGY pic.twitter.com/pm6WNORYY4
— Dharmendra Pradhan (@dpradhanbjp) March 29, 2021
During the meeting, they also agreed to prioritise greater collaboration in the cleaner energy sector - biofuels, CCUS, hydrogen production and carbon sequestration through technology exchange and joint R&D through Partnership to Advance Clean Energy Research (PACE-R) among other initiatives.
The two leaders also agreed to intensify the efforts to take advantage of the complementarities of both the countries -advanced US technologies and rapidly growing India's energy market for a win-win situation through a cleaner energy route with low carbon pathways. They also agreed to prioritise cooperation in emerging areas, intensify our industry engagements and also work with an all-of-the-above approach for strengthening energy security, expanding energy access and for mutual economic prosperity.
Besides, both sides agreed to convene the third meeting of a revamped India-US SEP at an early date. They decided to intensify the efforts to take advantage of the complementarities of both the countries -advanced US technologies and rapidly growing India's energy market, for a win-win situation through a cleaner energy route with low carbon pathways.