Cross-border electricity trade in the South-Asian region has the potential to grow to 60,000 Mw through 2045 with the likely strengthening of regional power cooperation among countries including India, Bhutan, Bangladesh, Nepal, Pakistan, Sri Lanka and Myanmar.
Currently, a mere 3,000 Mw of power is traded in the region among the seven countries which is likely to double by 2020, according to Integrated Research and Action for Development (IRADe), a Delhi-based independent research organisation, which recently conducted a study on cross-border electricity trade.
“If the Gross Domestic Product (GDP) of all the South Asian economies grows at 6.5 per cent till 2045 and they continue to cooperate like one region, the energy trade could go up to 60 Gw according to our analysis,” said Jyoti Parikh, Executive Director at IRADe. Read more
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