India and US agree to revamp India-US Strategic Energy Partnership (SEP)
Petroleum Minister Dharmendra Pradhan and US Secretary of Energy, Jennifer Granholm have agreed to revamp India-US Strategic Energy Partnership (SEP). Mr. Pradhan today held an introductory meeting virtually with him and reviewed the SEP. 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.