Cross Border Power Trade

Under the SARI/EI program, IRADe commenced the Macroeconomic analytical study with the primary purpose to build consensus for cross border electricity trade. It involves multi country analysis which is bringing out the economic (macro and micro) importance of power trade besides other country benefits. In-addition, the study is carrying out a set of activities to build consensus through various channels and create political climate for co-operation. Energy Cooperation in South Asia    The Consensus building activities are converging stakeholders from power sector, financial and diplomatic communities and other energy experts.   Objective of the study: To critically assess the need for CBET among the nations of the South Asia region through comprehensive analytical studies that quantify the technical, economic, environmental and energy market benefits of cross border interconnection in the region. Key goal of the study: To provide estimates of benefits holistically and the need for Sout

 In South Asia, India, Bangladesh, Bhutan and Nepal have established transmission links through which electricity is being traded. Opportunities for Cross Border Electricity Trade (CBET) in the region has amplified particularly that energy security has become a political priority for all the country governments. The recent developments favouring CBET in the region include signing of the Power Trade Agreement by Governments of India and Nepal as well as the signing of the SAARC Framework Agreement for Energy Cooperation (Electricity) in December 2014. These developments have already mobilized stakeholders for regional and sub-regional projects in the areas of power generation, transmission and power trade. South Asia Regional Energy integration   The gravitas for CBET in South Asia was further established when the second meeting of SAARC energy regulators held in February 2016 deliberated to constitute the “SAARC Council of Experts and Energy Regulators (Electricity)” and a “Forum of Re

In South Asia, the existing Cross-Border Electricity Trade between India and its neighbours namely Bhutan, Bangladesh and Nepal, provides a foundation for furthering this cooperation at the regional level. The existing electricity Cross Border Power Trade   agreements are bilateral in nature and have benefited the participating nations.  The ongoing projects to set up more cross-border interconnections between Bangladesh and India, and discussions on sea links between India and Sri Lanka, reveal the potential for regional power sector cooperation. Building on the experience of bilateral electricity trade in the region, a multilateral framework for power sector cooperation can be developed. Regional electricity cooperation may include the sharing of cross-border infrastructure, establishing regional power producers, and enhancing competition across regional markets. This would require, among others, investment in new border interconnections and the development of harmonized codes, polic