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
Latest posts by ET Energy World (see all)
- Electric surge to require flexible power systems: IEA - November 13, 2018
- Coal India Q3 net profit up 4 pc at Rs 3,004 cr - November 13, 2018
- Oil India second-quarter profit rises over 33 per cent, but misses estimates - November 12, 2018