Energy Security in South Asia: Towards a Regional Energy Market. Kaushik Ranjan Bandyopadhyay Asian Institute of Transport Development. Energy and Development Concerns in South Asia: Some Essential Facts.
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Kaushik Ranjan Bandyopadhyay
Asian Institute of Transport Development
Possibilities are also being explored in both countries for bulk power transfer through HVDC
Although the power trading in South Asia is still at its nascent stage, the leaders recognised the importance of facilitating the same on a priority basis in order to meet the electricity deficits in the region. In this context, a proposal submitted by India on preparing a roadmap for SAARC market for electricity (SAME) on a regional basis supported by an enabling market in the region has been well received. The proposal’s main emphasis is on coupling the independent electricity grids of different countries through HVDC (High Voltage Direct Current) links.
Continue to recognising the immense potential benefit of energy trade and remove any roadblocks (institutional, political, financial or otherwise)towards exploiting efficiently the vast energy resources of the region . Some essential steps are: