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:
The Government of Bangladesh has launched a fully automated trade clearance system, making the submission and issuance of...

Read More


Assam and Bhutan have pledged to strengthen their bilateral tourism ties by collaborating on smoother and more accessible...

Read More


The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) celebrated its 28th Anniversary on 16...

Read More


Nepal began its regular export of electricity to Bangladesh, by sending 40 megawatts (MW) of electricity through India's...

Read More


In a landmark move to enhance tourism cooperation between India and Nepal, the Indian Association of Tour Operators...

Read More


Reliance Power of India has signed a major agreement with Green Digital Private Limited, a Bhutan government-owned entity,...

Read More


The Adani Group of India and the Druk Green Power Corporation (DGPC) of Bhutan have signed a landmark...

Read More