Towards Regional Energy Security in South Asia

 In South Asia, India, Bangladesh, Bhutan, and Nepal have developed transmission web links through which power is being traded. Opportunities for Cross Border Electrical Energy Trade (CBET) in the region have magnified specifically that power protection has come to be a political priority for all the nation federal governments. The current advancements favoring CBET in the area consist of the signing of the Power Trade Agreement by Federal Governments of India as well as Nepal as well as the signing of the SAARC Structure Agreement for Power Teamwork (Electrical Energy) in December 2014. These developments have currently mobilized stakeholders for regional as well as sub-regional tasks in the areas of power generation, transmission, and power trade. The gravitas for CBET in South Asia was further established when the 2nd conference of SAARC energy regulatory authorities held in February 2016 deliberated to constitute the "SAARC Council of Experts and Energy Regulatory Authorities (Electrical Energy)" and also a "Discussion forum of Regulatory authorities".

The SARI/EI phase IV is carried out by Integrated Research as well as Action for Advancement (IRADe) chosen through a competitive process. Energy Cooperation in South Asia Throughout the five year program (2012-2017), IRADe and also USAID are working in the direction of advertising assimilation of energy systems and enhance Cross-Boundary Energy Trade among the participating South Asian countries.


A USAID effort to enhance energy safety in South Asia

Over a decade the United States Agency for International Advancement (USAID) has been regularly pursuing the promo of power safety and security in the South Asian nations. The USAID released the South Asia Regional Energy integration  for Power (SARI/E) program in 2000 covering 8 nations of Afghanistan, Bangladesh, Bhutan, India, The Maldives, Nepal, Pakistan, and Sri Lanka. The very first three phases of the program concentrated on locations

Cross-border energy trade (CBET).

Energy market formation and.

Regional Clean Energy development.

The South Asia Regional Effort for Power Integration (SARI/EI) Stage IV, the last phase was released in 2012 to additionally the earlier objectives i.e. advancing regional energy integration as well as raising CBET.

Website: https://sari-energy.org/


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