Regional Power Market For CBET
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj8_tv_8QCrGSn-VT5jzp602w7WQQDAoCRxcXIr67-hjDHsZvMizWGQGc4sLwMpQqOBqRyrctrnwbcrhUEbRAQTpWEZF_vj5hqsokH9zBc6_kwQWB2icQ40YwZNUMQxUXIwrTtR1d3Rpk_L/w640-h436/Regional-Power-Markets-2.jpg)
Electricity sector integration in South Asia is in an evolutionary stage and awaits a structured approach to develop a regional power market. Although there are no formal market-based multilateral trading arrangements (supported with a harmonized commercial, regulatory, and legal framework). Energy Cooperation in South Asia However successful bilateral trading arrangements in place between Bhutan-India, India-Bangladesh and India-Nepal highlight the benefits from such cooperation. The existing and the proposed cross-border electric inter-linkages in the South Asian region are the culmination of bilateral negotiations. The initial focus on a strong bilateral form of power trade would ensure the investment in viable interconnections. With gradual harmonization of electricity codes and balancing mechanisms, and the strengthening of institutional cooperation, short-term transactions through OTC/bilateral and energy exchanges would become increasingly feasible. The SARI/EI Task Force-3 f