The US-India Business Council (USIBC) of the US Chamber of Commerce has announced that it will be heading a delegation to India Energy Week, which will be held in Bengaluru, India, from February 6–8, 2023. The event offers a unique opportunity to interact directly with senior Indian government officials, regulators, and industry leaders in the energy sector, according to a release from the USIBC. It is hosted and organised by the Ministry of Petroleum and Natural Gas (MOPNG).
Ambassador Atul Keshap, President of the USIBC, Shreerupa Mitra, Deputy Director of Management, Sidhanta Mehra, Director for Energy, Environment, and Infrastructure, and Raghvendra Upadhya, Director for Energy, Environment, and
Infrastructure, will lead the delegation.The delegation's engagements will also include industry briefings, side talks with authorities, and a high-level meeting with Hardeep Singh Puri, Minister of Petroleum and Natural Gas, and Housing and Urban Affairs.
The US-India Business Council said its members would talk about "tax frameworks to accelerate the expansion of India's clean energy capacity, the importance of US-India commercial partnership in bolstering innovation for new fuels like green hydrogen, and the role of liquefied natural gas as a transition fuel in India's energy blend."
The USIBC members support India's 2030 goals of 500 GW of renewable energy and Prime Minister Modi's target that half of the nation's energy needs be met by clean energy sources. It was also noted that as India's energy sector grows, the importance of a high-trust economic partnership between the United States and India is critical. In order to support India's dual needs of energy security and energy transition, this mission "represents our membership's commitment to India's G20 vision," according to Ambassador Keshap.
The first event the USIBC will go to as part of its participation in India's G20 agenda is Energy Week. The world's most populous nation, India, is on pace to surpass China this year and has the fastest-growing major economy. Due to this, the US Chamber of Commerce views India's hosting year as a unique chance to advance important discussions on equitable growth and sustainable development.
