US, India pledge to strengthen energy partnership

Speaking at the 3rd Energy Summit of the Indo-American Chamber of Commerce, senior officials and industry leaders highlighted the potential for deeper collaboration in oil, gas, nuclear, and renewable energy, underscoring the role of joint efforts in building resilient, sustainable energy systems.

Amid global geopolitical and supply chain volatility, Xiabing Feng, Principal Commercial Officer, US Embassyin India, has addressed that the US is committed to collaborating with India in terms of exporting high-quality products and services for India to achieve energy security and economic growth. 

Addressing the 3rd Energy Summit of the Indo-American Chamber of Commerce,a top official of the US Embassy in New Delhi also noted that collaboration between both countries can drive transformative change in the global energy space. Xiabing Feng said, “As we look into the future, the United States remains committed to working with India through the export of high-quality, world-class products and services to help India achieve its goals of energy security and economic growth. As we meet at this critical structure, the global energy landscape is undergoing profound transformation. Geopolitical instability, the markets, and the destruction in supply chains. Have exposed vulnerability and underscore the interest in ensuring that we operate secure energy systems for our economies.” 

The top official said that the US can be a major supplier of oil and liquefied natural gas to India. During Prime Minister Narendra Modi’s visit to the US, Prime Minister Modi and US President Donald Trump reaffirmed their roles as leading consumer and producer in shaping the global energy markets and assured commitment for a bilateral energy security partnership, including oil, gas and nuclear energy.  

“The United States and India share a commitment to diversify energy resources and enhance infrastructure. By elaborating American expertise in natural gas, nuclear energy and emerging energy technologies, the United States can support India’s ambitious goals for energy security and grid modernisation,” Feng said while adding that US companies sell products and also partner with Indian players in terms of energy security and grid modernisation.

Vinay Rustagi, Chief Business Officer at Premier Energies Ltd, said, ‘India has witnessed significant growth in renewable energy installation and solar component manufacturing. With further policy support and reform measures, India can witness growth in the manufacturing of wafers and ingots for solar modules. I think land and transmission still remain a work in progress. There are challenges, there are delays in many projects because of these two execution-related factors.”  

Dr Atul Chauhan, Regional President, IACC & Chancellor, Amity University was of the view that both the countries should secure critical minerals, scale up solar module capacities and nuclear power technologies and invest in grid modernisation.” Collaboration between India and the U.S can unlock technology transfer, and co-investments in resilient ecosystems,” Dr Chauhan said.

Sunil Jain, Summit Chair & Chairman, Climate Change & ESG, IACC & Founder Partner, Sundev Renewables LLP, stressed the need for an integrated approach involving various energy sources and technologies, including nuclear and small modular reactors, along with conventional sources and other emerging technologies. We stand at a critical crossroad in our global and natural journey towards energy security, economic growth and environmental sustainability. The challenge before us is to decarbonise and to do so while maintaining energy security, affordability and industrial competitiveness. This will not be achieved by a single technology or a sector. It demands integrated energy pathways.”