Cross Border Electricity Trade
In South Asia, the existing Cross Border Electricity Trade between India and also its neighbors namely Bhutan, Bangladesh, and also Nepal, offers a structure for advancing this collaboration at the regional degree. The existing electricity trade agreements are reciprocal and also have benefited the participating countries. The recurring tasks to establish extra cross-border interconnections between Bangladesh as well as India, as well as discussions on sea web links between India and also Sri Lanka, reveal the capacity for regional power sector participation. Building on the experience of bilateral electricity trade in the area, a multilateral structure for power market cooperation can be developed. Regional electricity cooperation may consist of the sharing of cross-border infrastructure, developing regional power producers, and boosting competition across regional markets. Cross Border Power Trade This would certainly need, among others, investment in new border affiliations