A high-level delegation of American energy industry has expressed their interest in investing in India’s fast expanding energy sector. Given the market size and opportunities that India presents, the energy trade could touch up to USD 2 billion in the coming years. The export of US crude oil and LNG to India will create jobs, economic stability and provide energy security to both countries. American energy companies have been investing in the Indian renewable energy sector since the launch of the National Solar Mission with great success. As the country modernizes the electricity grid, security against cyber-attacks and grid stability will become an increasingly important area of collaboration between the two nations.

(Money Control)