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USIBC Delegation to Attend India Energy Week

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By Rediff Money Desk, WASHINGTON   Feb 02, 2024 20:24

A high-powered USIBC delegation led by President Atul Keshap will attend the India Energy Week in Goa, focusing on US-India energy transition and partnerships.
USIBC Delegation to Attend India Energy Week
Washington, Feb 2 (PTI) A high-powered delegation of corporate sector executives from the US India Business Council (USIBC) led by its president Atul Keshap is travelling to Goa next week to attend the second edition of the Indian Energy Week.

The USIBC aims to create an inclusive bilateral trade environment between India and the US by serving as the voice of the industry, linking governments to businesses, and supporting long-term commercial partnerships that will nurture the spirit of entrepreneurship, create jobs, and successfully contribute to the global economy.

The four-day flagship Indian government event from February 6 will be joined by Shilpa Gupta, CTO India, GE Vernova, along with Keshap in leading this business delegation.

USIBC delegation engagements will include a high-level US-India Energy Transition Roundtable chaired by Petroleum and Natural Gas Minister Hardeep Singh Puri, as well as industry briefings.

The delegation represents a diversity of sectors like oil and gas, power and renewable energy, critical minerals, hydrogen and alternative fuels, sustainable aviation fuels, and other key areas of growth.

Keshap in a statement said the energy sector plays a significant role in the bilateral trade and economic relationship between the US and India, contributing over USD 20 billion in two-way trade and is poised to grow.

Over 2023, both Indian Prime Minister Narendra Modi and US President Joe Biden have placed a special emphasis on the role that the US and India can play together to advance energy transition globally, he said.

“Both leaders have made collective announcements on green hydrogen, advancing electric mobility, joint investments funds to advance the deployment of renewable energy and other areas showcasing opportunities for a significant role for private sectors and governments of both countries to work closely together. USIBC remains steadfast in its commitment to being a partner in this joint effort,” Keshap said.

“By investing in advanced powering technology, enhancing local manufacturing capabilities and building a strong talent workforce, GE Vernova is excited to work with the industry leaders in defining new pathways to lead energy transition in India,” Gupta said.

Hosted and led by the Ministry of Petroleum and Natural Gas, India Energy Week is a critical platform for global energy businesses, startups, and thought leaders to engage directly with senior Indian government officials and the Indian corporate community in the energy sector.
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