India US agree to revamp Strategic Energy Partnership
Petroleum Minister Dharmendra Pradhan and US Secretary of Energy Jennifer Granholm have agreed to revamp India-US Strategic Energy Partnership (SEP).
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The two 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.
During the meeting, they also agreed to prioritise greater collaboration in cleaner energy sector and joint R&D through Partnership to Advance Clean Energy Research among other initiatives.
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.