Towards Regional Energy Security in South Asia
In South Asia, India, Bangladesh, Bhutan, and also Nepal has established transmission web links where electricity is being traded. Opportunities for Cross-Boundary Electricity Trade (CBET) in the region have enhanced specifically that power safety has become a political priority for all the nation federal governments. The current advancements favoring CBET in the region include finalizing the Power Trade Agreement by Federal Governments of India and Nepal in addition to the signing of the SAARC Framework Arrangement for Energy Teamwork (Electrical Power) in December 2014. These advancements have currently activated stakeholders for regional and also sub-regional projects in the areas of power generation, transmission, and power trade. The gravitas for CBET in South Asia was more developed when the second conference of SAARC power regulators kept in February 2016 deliberated to constitute the "SAARC Council of Specialists as well as Energy Regulatory Authorities (Electrical Power)...