SASEC Energy Sector Strategy
- Improve cross-border electricity transmission connectivity
- Increase power trade
- Increase cooperation in energy efficiency and clean power development
- Capacity development
- SASEC countries are rich in renewable resources although energy resources are unevenly distributed: India has huge coal reserves, Bangladesh has natural gas, while Bhutan and Nepal have hydropower.
- Domestic and sub-regional energy resources in South Asia are not being fully exploited—shortages are causing an increasing dependence on fuel imports from outside the region.
- Strengthening of national power grids to ensure efficient and reliable energy supplies.
- Development of cross-border energy interconnection infrastructure to create and serve an effective regional power market.
- Improvement of energy trade infrastructure, including harmonized energy policies and legal regulatory frameworks
Unlocking the Future:
Regional Energy Cooperation
- Helps optimize resources and improves intraregional trade by reducing costs and import dependence.
- Improves efficiency in the power sector and strengthens energy security during external shocks or volatile petroleum prices
- Enhances regional power exchange structures.
- Increases access and development of renewable energy resources, helping protect an increasingly fragile environment