Powering South Asian Growth via Regional Energy

15 May 2024

South Asia faces such development hurdles as climate change and dependence on fossil fuels. Nevertheless, the region has made progress in providing access to electricity, even in remote locations.

The South Asia Subregional Economic Cooperation (SASEC) partnership has served as a platform to further cooperation and growth in the region. SASEC countries are Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka. According to said Jiwan Acharya, project officer, Asian Development Bank (ADB), “The reliability and availability of clean, affordable power is key to maintaining regional development momentum and economic growth.”

A new ADB project, named Promoting Energy Transition through Regional Cooperation and Integration in South Asia, will prepare cross-border energy projects, conduct capacity development, and facilitate cooperation among energy agencies in among SASEC countries. The regional project is funded through the Clean Energy Fund under the Clean Energy Financing Partnership Facility.

The project will develop a digitalization road map and help assess models for creating a country and regional digital platform, to help energy agencies to share data on energy supply and demand, as well as up-to-date information on power trade transactions.

Related Link:
Nepal is set to upgrade two key highways under a $305.75-million program financed by the Asian Development Bank...

Read More


India has revived international river trade from Dibrugarh, Assam, India, sending 54 metric tonnes of methanol to Bangladesh...

Read More


The Bangladesh Cabinet Committee on Government Purchase on 6 August 2026 approved contract change orders worth more than...

Read More


Bangladesh and Maldives are exploring a direct shipping link to strengthen maritime connectivity and further deepen bilateral trade. The proposal was...

Read More


Mr. Md. Shafiqur Rahman, Bangladesh Ambassador to Nepal, and Mr. Gunakar Bhatta, Nepal’s Vice-Chair of the National Planning...

Read More


Bhutan has begun construction of its temple complex in Lumbini, Nepal, on 28 June 2026, marking a major step in...

Read More


Mr. Jayant Singh, chairman of the Land Ports Authority of India (LPAI), shared that the LPAI plans to construct seven to...

Read More