U.S.-India Business Council Meets for Renewable Energy Collaboration

Union Minister Pralhad Joshi met with the U.S.-India Business Council to discuss enhancing renewable energy technology supply chain resilience. This meeting also focused on supporting hydrogen ecosystem advancements and included discussions on financial aid for India's renewable energy and infrastructure goals.

Representatives from the U.S.-India Business Council met with Union Minister of Consumer Affairs, Food and Public Distribution & New and Renewable Energy, Pralhad Joshi, in New Delhi on Thursday. The meeting focused on strengthening the resilience of the renewable energy technology supply chain in India.

Key discussions included enhancing supply chain resilience for solar, wind, and other critical technologies essential for India's energy security and transition. The council also highlighted the importance of advancing the hydrogen ecosystem within the U.S.-India corridor. Last month, U.S. Ambassador Eric Garcetti announced a USD 3.8 billion investment from the International Development Finance Corporation to support India's renewable energy and infrastructure goals.

During a previous address in Mumbai on Indo-US Space Cooperation, Garcetti emphasized U.S. support for India's agricultural, healthcare, and financial services sectors. Both nations have been actively collaborating in the renewable energy landscape, launching the US-India Renewable Energy Technology Action Platform (RETAP) under the Strategic Clean Energy Partnership. Discussions also covered green hydrogen, long-duration energy storage, and other emerging technologies.

(With inputs from agencies.)