Energy Results

Energy demand in the SASEC subregion is expected to increase over the next decade resulting from economic growth and rising per capita incomes and energy consumption. With energy resources in South Asia unevenly spread, regional energy cooperation could help countries develop their energy resources in an optimal manner to lower energy costs, improve regional energy security, and contribute to climate change mitigation. SASEC initiatives in the energy sector support improvement of energy trade infrastructure, developing a regional power market by harmonizing legal and regulatory frameworks, and developing low-carbon alternatives and conservation and energy efficiency measures.

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NEWS & MULTIMEDIA

total items: 3
ADB Blog: How to Bring about the Asian Century

Asian countries need to adjust their growth models to adapt to sluggish demand for Asian exports by relying more on domestic demand and intraregional trade to deliver the growth they need. In this ADB blog post, Mr. Juzhong Zhuang, Deputy Chief Economist and Deputy Director General, Economic Research and Regional Cooperation Department, ADB, proposes bold approaches to secure growth through priority areas including closing the infrastructure gap and increasing use of renewable energy.

India Sets IMT Trilateral Highway Completion

The India-Myanmar-Thailand (IMT) Trilateral Highway is set to be completed by 2019-2020. Indian Prime Minister Narendra Modi has assigned the India Ministry of External Affairs to monitor and oversee its completion.

India Proposes a National Industrial Corridor Development Authority

The Government of India has proposed formation of a National Industrial Corridor Development Authority to facilitate integrated development of industrial corridors across the country. Two corridors, the Delhi-Mumbai Industrial Corridor and the Visakhapatnam-Chennai Industrial Corridor, are currently under different stages of development.