India and US to expand energy partnership through emerging fuels
POWER & RENEWABLE ENERGY

India and US to expand energy partnership through emerging fuels

India and the United States (US) have agreed to expand their energy collaboration by adding emerging fuels to the areas of cooperation list that included power and energy efficiency, oil and gas, renewable energy, and sustainable growth previously to promote clean energy fuels.

Hardeep Singh Puri, Minister of Petroleum and Natural Gas (MoPNG), co-chaired a virtual meeting with the Jennifer Granholm US Secretary of Energy to launch the revised U.S.-India strategic clean energy partnership (SCEP), Oil Ministry said.

Prime Minister Narendra Modi and President Joe Biden at the Leaders’ summit on climate this year announced the SCEP was launched by the US-India climate and clean energy agenda 2030 partnership.

It said that the inclusion of a fifth Pillar on emerging fuels was announced from both sides, which indicates joint resolve to promote clean energy fuels.

It said that a new India-U.S. task force on biofuels was also declared to develop the scope of work on cooperation in the biofuels sector.

The SCEP inter-governmental engagement now expands across five pillars of cooperation with this – power and energy efficiency, renewable energy, responsible oil and gas, sustainable growth, and emerging fuels.

The meeting also evaluated the progress of the India-US civil nuclear energy cooperation.

The Minister said that the revamped clean energy partnership will increase the efforts from both parties to take benefit of the complementarities that exist between India and the US for a win-win situation by a cleaner energy path with low carbon pathways, it said.

After the revamp, under the renewable energy pillar, there would be much emphasis on upscaling cooperation by working on various projects and system-friendly practices in the renewable energy sector of India.

The US Secretary praised India’s renewable energy target of 450 GW by 2030, the statement added.

Image Source


Also read: UK willing to collaborate with India on green hydrogen

India and the United States (US) have agreed to expand their energy collaboration by adding emerging fuels to the areas of cooperation list that included power and energy efficiency, oil and gas, renewable energy, and sustainable growth previously to promote clean energy fuels. Hardeep Singh Puri, Minister of Petroleum and Natural Gas (MoPNG), co-chaired a virtual meeting with the Jennifer Granholm US Secretary of Energy to launch the revised U.S.-India strategic clean energy partnership (SCEP), Oil Ministry said. Prime Minister Narendra Modi and President Joe Biden at the Leaders’ summit on climate this year announced the SCEP was launched by the US-India climate and clean energy agenda 2030 partnership. It said that the inclusion of a fifth Pillar on emerging fuels was announced from both sides, which indicates joint resolve to promote clean energy fuels. It said that a new India-U.S. task force on biofuels was also declared to develop the scope of work on cooperation in the biofuels sector. The SCEP inter-governmental engagement now expands across five pillars of cooperation with this – power and energy efficiency, renewable energy, responsible oil and gas, sustainable growth, and emerging fuels. The meeting also evaluated the progress of the India-US civil nuclear energy cooperation. The Minister said that the revamped clean energy partnership will increase the efforts from both parties to take benefit of the complementarities that exist between India and the US for a win-win situation by a cleaner energy path with low carbon pathways, it said. After the revamp, under the renewable energy pillar, there would be much emphasis on upscaling cooperation by working on various projects and system-friendly practices in the renewable energy sector of India. The US Secretary praised India’s renewable energy target of 450 GW by 2030, the statement added. Image Source Also read: UK willing to collaborate with India on green hydrogen

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement