News Update
Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.
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| South Asia grid plan gets a leg up as Bangladesh plans power buys |
| Indian Express, 2 March 2012 |
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In a boost to India's strategic initiative for putting in place a SAARC electricity grid, Bangladesh has come up with a plan to jointly develop power projects in north-east India, with the aim of wheeling back power to meet its own demand. Dhaka is also keen to import electricity from Bhutan and Nepal to import using Indian territory and grid infrastructure, which could set the stage for a multilateral SAARC Market for Electricity being envisaged on the lines of the Nord Pool in the Scandinavian countries and the West African Power Pool. Over and above 250 MW of power promised by India, Bangladesh, at the fourth Joint Steering Committee on power cooperation held recently, has expressed its interest to procure an additional 250 MW power directly from the Indian power market through the competitive bidding process, for which the Bangladeshi side has already sent a draft tender notice to the Indian power ministry.
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