India should break out from its lure of cheap renewable power and focus on reliable supply from all sources, US Energy Secretary Rick Perry said, emphasising that energy is the key sector in Washington’s ties with the country that is an attractive market for coal, nuclear plants, oil and gas.
Perry said that the US regarded India as its most important partner in the region, and was keen to cooperate with New Delhi in all forms of energy including nuclear and coal. While supporting fossil fuels, which he said would continue to dominate the global energy landscape for decades, the US is also firmly committed to reducing emissions, and developing clean technologies.
The secretary also lauded India’s approach towards the non-proliferation treaty, unlike China and Russia, which he said did not seem to care about it. Perry is in New Delhi where he and Petroleum Minister Dharmendra Pradhan co-chaired the inaugural meeting of the US-India Strategic Energy Partnership that President Donald Trump and Prime Minister Narendra Modi announced last June. Read More
Latest posts by The Economic Times (see all)
- NHAI eyes Rs 5,000 crore from roads bidding - May 25, 2019
- US deadline ends, India stops purchasing Iranian oil - May 24, 2019
- INR91,000 crore time bomb: The IL&FS crisis continues to simmer - May 24, 2019