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US And India Collaborate On Diversification Of Renewable Energy Supply Chains

Updated: Jan 24, 2024 05:21:19pm
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US And India Collaborate On Diversification Of Renewable Energy Supply Chains

New Delhi, Jan 24 (KNN) Geoffrey R. Pyatt, the US Assistant Secretary of State for Energy Resources, is set to embark on a six-day visit to India later this week, focusing on crucial discussions about diversifying renewable energy supply chains and exploring opportunities in critical minerals.

This initiative is aimed at strengthening bilateral ties and advancing cooperation in the rapidly growing clean energy sector between the two nations.

The visit, scheduled from January 26 to January 31, will take Assistant Secretary Pyatt to two key cities - New Delhi and Hyderabad.

According to a statement released by the US State Department, Assistant Secretary Pyatt's visit will include engagements with both the Indian government and private sector representatives.

In New Delhi, he is expected to participate in two panels at an India-US forum that will shed light on shared energy priorities.

The discussions will also delve into the opportunities and challenges associated with critical minerals in the context of the global energy transition.

The media statement from the US State Department mentions that Pyatt will use the occasion to meet with senior Indian officials to further discussions on the shared agenda around energy transition, reliable supply chains, and energy security.

Moving to Hyderabad, the Assistant Secretary will engage with private sector officials and innovators, aiming to explore opportunities that can accelerate the energy transition and diversify renewable energy supply chains.

This part of the visit underscores the importance of collaboration with the private sector to foster innovation and drive sustainable energy practices.

The discussions will not only center around diversification of renewable energy supply chains but also emphasise the potential for collaboration in critical minerals, vital for the global energy transition.

India holds significant importance as an energy partner for the United States and is an active member of the Minerals Security Partnership, a collaboration focused on securing the supply of critical minerals essential for various industries.

The visit of Assistant Secretary Pyatt is a testament to the commitment of both the nations towards fostering a robust partnership in the energy sector.

It reflects a shared vision for a sustainable and secure energy future, highlighting the significance of international cooperation in addressing the challenges and opportunities presented by the global energy landscape.

(KNN Bureau)

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