News List

Compiled features on recent developments in regional cooperation and integration in the SASEC region.

Year:
October 2017

Fourth India-Bangladesh JCC Meeting Discusses Progress of Key Bilateral Initiatives

Ms. Sushma Swaraj, Minister of External Affairs, India, and Mr. Abul Hassan Mahmood Ali, Foreign Minister, Bangladesh, co-chaired the Fourth India-Bangladesh Joint Consultative Commission (JCC) Meeting, reviewing progress on key initiatives and decisions in areas including trade and investment, security, connectivity, border management, power, energy, shipping, and people-to-people exchanges.

Read More

Tags: Bangladesh, India, Connectivity, Energy, Hydropower, Trade, Investment

September 2017

Joint Steering Committee Discusses Additional Electricity Import from India to Bangladesh

The 13th Joint Steering Committee meeting between Bangladesh and India, held on 27-28 September 2017 in New Delhi, India, reviewed Bangladesh-India power sector cooperation, and explored new areas and opportunities, including possible 840 megawatt (MW) additional electricity import from India to Bangladesh, and planned Bangladesh hydropower imports from Nepal and Bhutan.

Read More

Tags: India, Bangladesh, Hydropower, Energy, Nepal, Bhutan

June 2017

Commentary: Promise and Flux in South Asian Electricity Trade

The Asia Foundation, in collaboration with the Confederation of Indian Industry, is preparing a study on energy trade in the Bangladesh-Bhutan-India-Nepal subregion, examining how market forces, networks, and stakeholders interact. In this commentary, Mr. Aditya Valiathan Pillai, program officer of the Asia Foundation in India, discusses the creation of an energy market in South Asia and the growing importance of regional electricity trade in helping mitigate carbon emissions.

Read More

Tags: South Asia, BBIN, Bangladesh, Bhutan, India, Nepal, Energy, Hydropower

February 2017

India, Nepal Bilateral Meeting Discusses Operational Modality of New Transmission Lines

The Governments of India and Nepal discussed how to bring transmission line projects—the Dhalkebar (Nepal)-Muzaffarpur (India) transmission line, Raxaul (India)-Parwanipur (Nepal) transmission line, and Kataiya (India)-Kushaha (Nepal) transmission line—into operation. They agreed to increase the Dhalkebar-Muzaffarpur transmission line to 220 kVa capacity in May 2017, and begin electricity import through the Raxaul-Parwanipur and Kataiya-Kushaha transmission line.

Read More

Tags: India, Nepal, Energy, Transmission, Hydropower, Trade, Electricity

February 2017

Cooperation the Best Option for South Asia’s Growing Power Needs

Hydropower cooperation among Bangladesh, Bhutan, India, and Nepal could be a viable option for addressing growing power needs in the region, said Mr. Ainun Nishat, Professor Emeritus, Centre for Climate Change and Environmental Research, Brac University, Bangladesh. Nepal’s hydropower potential stands at 83,000 megawatts (MW), while Bhutan’s is at 40,000 MW and northeast India’s at 60,000 MW.

Read More

Tags: Hydropower, Energy, Renewable Energy, Sustainability, Bangladesh, Bhutan, India, Nepal

January 2017

Nepal-India Oversight Mechanism Agrees to Expedite Project Implementation

The second meeting of the Nepal-India Oversight Mechanism, held on 30 January 2017 in Kathmandu, Nepal, reviewed progress of India-funded economic and development projects in Nepal, and agreed to expedite implementation of these projects for timely completion. Projects discussed included cross-border railways, integrated check posts, and cross-border transmission lines.

Read More

Tags: India, Nepal, Rail, Hydropower, Infrastructure, Transport, Energy

January 2017

Report Highlights How Cross-Border Electricity Trade Will Benefit India and Nepal

The Integrated Research and Action for Development initiative has launched the analytical study “Economic Benefits from Nepal-India Electricity Trade,” confirming that a large economically feasible electricity export potential exists. Electricity trade can help boost Nepal's economy and improve the well-being of its people, and offers India an affordable and convenient renewable resource to meet demand.

Read More

Tags: Hydropower, Nepal, India, Energy

January 2017

Commentary: Hydro-powering Regional Development in India and Nepal

Transboundary rivers between India and Nepal have huge hydropower and irrigation potential. Developing these rivers can become an engine for regional development, alleviating poverty for millions of people within a reasonable timeframe. With improved relations between Bangladesh, Bhutan, India and Nepal, formulating and implementing sustainable plans to manage these rivers presents a significant win-win opportunity for the subregion.

Read More

Tags: India, Nepal, Hydropower, Kosi River, Sustainability, Poverty Reduction

January 2017

Nepal Upgrades Hydropower Plant with India’s Help

Nepal has upgraded the Thame Khola Small Hydropower Plant in Namche VDC, Solukhumbu District, raising the plant’s capacity from 630 kilowatts (kW) to 930 kW. India provided assistance of $54,500 for the upgrade. The facility supplies power to the upper Khumbu valley, including 18 villages of Khumjung and Namche VDC.

Read More

Tags: Hydropower, Nepal, India, Energy

December 2016

Commentary: Nepal Hydropower to Bring Economic, Social, and Environmental Benefits

Nepal’s hydropower potential could be realized with an efficient technological base, entrepreneurial vision, a coordinated power trading approach, and sustained investment commitment. Hydropower development would bring economic, social, and environmental benefits in Nepal and the rest of the South Asian region. In this speech delivered at the Power Summit, Nepal Prime Minister Pushpa Kamal Dahal vowed to support domestic and foreign investors through a policy encouraging investment.

Read More

Tags: Development, Energy, Hydropower, India, Investment, Nepal, Private Sector, Regional Cooperation, Trade

December 2016

ADB Strategic Climate Fund Boosts the Nepal SASEC Power System Expansion Project Fund

The Asian Development Bank (ADB) has approved an additional $20 million for the SASEC Power System Expansion Project in Nepal, to be provided by the ADB Strategic Climate Fund. This additional financing will support installation of utility-scale solar photovoltaic systems by 2018. The Government of Nepal is also providing complementary funding of $24.5 million.

Read More

Tags: Energy, Nepal, Trade, Hydropower, ADB, SASEC, Climate Change, Renewable Energy, Sustainability, Regional Cooperation, Regional Integration, Solar Energy, India

December 2016

India Ministry of Power Issues Guidelines on Cross-Border Trade of Electricity

India's Ministry of Power has issued Guidelines on Cross-Border Trade of Electricity, with the aim of facilitating cross-border trade of electricity between India and its neighboring countries; promoting transparency, consistency and predictability in regulatory approaches across jurisdictions and minimizing perceptions of regulatory risk; and developing reliable grid operation and transmission of electricity across borders.

Read More

Tags: India, Energy, Hydropower, SAARC, Trade

November 2016

Bangladesh Foreign Minister, Bhutan Ambassador Discuss Joint Development of Hydropower Projects

Bangladesh Foreign Minister A.H. Mahmood Ali highlighted the potential joint development of hydropower projects between Bangladesh and Bhutan during discussions with Bhutan Ambassador to Bangladesh Sonam Tobden Rabgye.

Read More

Tags: Bangladesh, Bhutan, Hydropower, Energy, BBIN

October 2016

Power Trade to Help South Asian Countries Save $9 Billion Annually, Reduce Emissions

South Asian countries should engage more in regional energy trade and joint management of resources. By doing so, they could save over $9 billion annually and reduce carbon emissions by 8%. And since energy drives development, energy cooperation and trade is expected to translate to improved standards of living and poverty reduction.

Read More

Tags: Energy, Hydropower, South Asia, Bangladesh, Bhutan, India, Maldives, Nepal, Sri Lanka

September 2016

Bangladesh Forming a Hydropower Generation Company

The Government of Bangladesh plans to form a hydropower generation company to import hydropower from countries including Bhutan and Nepal. The initiative will be set up under Bangladesh's Power Division, Ministry of Power, Energy, and Mineral Resources.

Read More

Tags: Bangladesh, Hydropower, Bhutan

September 2016

Seminar Emphasizes Need to Attract More FDI for Nepal's Hydropower Sector

A 'Foreign Direct Investment (FDI) in Hydropower' forum in Kathmandu, Nepal stressed the need for more FDI in hydropower projects. According to Nepal Minister for Energy Janardan Sharma, Nepal needs more investment to be able to fully harness its hydropower capacity. The Power Trade Agreement signed by Nepal and India promises a huge market for Nepal's hydroelectricity.

Read More

Tags: Nepal, Investment, Hydropower, Energy, India, Exports

June 2016

Speech: The Future of Energy Demand

Greatly increased energy consumption is powering economic transformation in Asia and the Pacific, but also contributing to higher greenhouse gas emissions. The devastating effects of climate change are already being felt in the region. In this speech delivered at the Pacific Energy Summit on 24 June 2016 in Singapore, Bambang Susantono, Vice-President for Knowledge Management and Sustainable Development, Asian Development Bank, looks at the challenges faced by Asia’s growing economies a

Read More

Tags: ADB, Energy, Hydropower, Climate Change, Bhutan, India, Nepal

June 2016

Nepal Power Summit Declares Need for $20 Billion to Develop 10,000 MW

The 2-day Nepal Power Investment Summit 2016 concluded with a declaration that Nepal needs $20 billion to develop 10,000 megawatts through on-grid hydropower projects in the next decade. It also noted investment needs of $5 billion for high-voltage transmission projects and other opportunities in the country's hydropower sector.

Read More

Tags: Nepal, Energy, Hydropower

May 2016

India, Nepal Energy Bank Proposed

Nepal has forwarded a proposal to set up an India-Nepal energy bank that would help both countries address the problem of power shortage at a meeting of the India-Nepal Joint Standing Committee. The energy bank would enable Nepal to export electricity to India during summer and import electricity from India during winter.

Read More

Tags: India, Nepal, Energy, Hydropower

May 2016

Foreign Ministers of Bangladesh and Bhutan Discuss Energy Cooperation

Bangladesh Foreign Minister Abul Hassan Mahmood Ali and Bhutan Foreign Minister Damcho Dorji discussed hydropower in a meeting in Thimphu, Bhutan: Bangladesh plans to invest in the 1,125 megawatt Dorjilung hydropower project. Trilateral cooperation among Bangladesh, Bhutan, and India would enable Bangladesh's investment in Bhutan's hydropower sector.

Read More

Tags: Bangladesh, Bhutan, Energy, Hydropower

April 2016

Nikachhu Hydropower Moves toward Start of Construction

The contract for civil and hydro-mechanical works of the Nikachhu Hydro Energy Project has been awarded to the Hindustan Construction Company Limited, in an international bidding held by Tangsibji Hydro Energy Limited. Works under the commissioned contract, worth around $69 million, are scheduled to start as early as July 2016. The 118 megawatt Nikachhu hydropower plant aims to become another model hydropower development in Bhutan.

Read More

Tags: Bhutan, Energy, Hydropower

April 2016

Training Institute Prepares to Meet Bhutan's Human Resource Needs in Hydropower

The Jigme Wangchuck Power Training Institute in Gelephu, Bhutan is preparing to meet the human resource requirements of the country’s hydropower sector in the next four years. According to estimates by the Druk Green Power Corporation and Bhutan Power Corporation, the country’s hydropower sector will need at least 6,500 people to achieve its vision of generating 10,000 megawatts by 2020.

Read More

Tags: Bhutan, Hydropower, Services, Energy

April 2016

Continuous Demand for Hydropower in India

Mr. Pradeep Kumar Pujari, Secretary, Ministry of Power, India, ensured continuous demand for hydropower in the Indian grid, during his visit to Bhutan to review ongoing joint hydropower ventures. The Government of India plans to triple its power generation capacity to 800 gigawatts by 2030, using renewable energy sources.

Read More

Tags: Hydropower, Energy, Bhutan, India

March 2016

ADB Vice President Zhang: Broader, Deeper Regional Cooperation and Integration Could Turn Nepal into Land-Connected Country

Mr. Wencai Zhang, Vice-President, Asian Development Bank, discussed ways to accelerate Nepal's economic structural transformation with policy makers, scholars, and Government officials in “Envisioning Nepal 2030”, an international seminar jointly organized by the National Planning Commission and ADB. In his address, he discussed how regional cooperation and integration could turn Nepal from a landlocked to a land-connected country.

Read More

Tags: Nepal, Energy, Airports, Hydropower, LLDC

March 2016

Interactive Meet Discusses Cooperation between Bhutan and India's North East

A delegation from Bhutan's Royal Institute for Governance and Strategic Studies participated in an interactive session with representatives from the Indian Institute of Entrepreneurship and Federation of Indian Chamber of Commerce. The Meeting discussed possible cooperation between Bhutan and India's North East in sectors including trade, commerce, hydropower, and tourism.

Read More

Tags: Trade, Hydropower, Bhutan, India

March 2016

Bangladesh Seeks to Widen Scope of Cross-Border Energy Transmission

Mr. Nasrul Hamid, Bangladesh State Minister for Power and Energy, discussed the possibility of enhancing the scope of Bangladesh-India cross-border energy transmission to include Bhutan in a meeting with Indian High Commissioner in Dhaka Harsh Vardhan Shringla. Bangladesh is mulling a $1 billion investment in Bhutan's hydropower industry, and is reviewing a draft MoU for possible electricity imports from Bhutan.

Read More

Tags: Energy, Hydropower, Bangladesh

July 2015

Paro Declaration Calls for Free Trading, Freedom of Energy Transit

A conference organized by the SAARC Chamber of Commerce and Industry, in collaboration with the Bhutan Chamber of Commerce and Industry, concluded with the Paro Declaration on 25 July 2015 in Bhutan. The Declaration called for free trading of energy-related materials, products, and equipment; freedom of energy transit through pipelines and grids in the region; and urged protection and promotion of foreign investment in energy and an extension of most-favored nation treatment.

Read More

Tags: Energy, SAARC CCI, Hydropower

July 2015

First Bhutan-India Hydropower Project Joint Venture Formally Registered

The certificate of incorporation for the 660 megawatt Kholongchu Hydropower Project (KHP) was formally handed over to Bhutan's Druk Green Power Corporation and India's Satluj Jal Vidyut Nigam. Officials of KHP expect construction of about 40 kilometers of road leading to the project site to soon commence. KHP is the first joint venture between Bhutan and India.

Read More

Tags: Bhutan, India, Hydropower, Energy

May 2015

Bhutan and ADB Sign $120.5 Million Second Green Power Development Project

A loan and grant financing agreement was signed by the Royal Government of Bhutan and the Asian Development Bank on 4 May 2015 to develop the 118 megawatt Nikachhu hydropower plant. This project will promote regional energy trade between Bhutan and India, and help Bhutan meet its growing demands for electricity.

Read More

Tags: Bhutan, Hydropower, Energy

March 2015

Nepal International Trade Fair Highlights 19 Export Products

The fourth Nepal International Trade Fair, held 12-16 March 2015 in Kathmandu, Nepal, highlighted Nepal's 19 priority export products identified by the Nepal Trade Integration Strategy. Business enterprises from other SAARC countries—Bangladesh, Bhutan, India, and Pakistan—also joined. A total of 340 stalls exhibited different goods for 5 days, drawing 125,000 visitors, and recorded sales worth over $1.9 million.

Read More

Tags: Nepal, Trade, SAARC, Hydropower

February 2015

Dagachhu Hydroelectric Project Commissioned

Commissioning of the first unit of the 126 Megawatt (MW) Dagachhu Hydroelectric Project (DHP) officially began at 15:25 on 21 February 2015 with commercial generation of energy from Bhutan to India, coinciding with the 35th birthday of His Majesty the King of Bhutan. Generating capacity during peak season can rise to a maximum of 63 MW.  The Green Power Development Project under the SASEC program funded its construction.

Read More

Tags: Bhutan, Hydropower, Energy

February 2015

Nepal Electricity Authority to Cut System Loss to 10%

The Nepal Electricity Authority plans to reduce current system loss to 10% by 2020 through several technical and non-technical measures, including unbundling of development and operation of electricity transmission lines. NEA's total energy generation loss in 2013-2014 stood at 25%. It is currently implementing the Energy Access and Efficiency Improvement Project under the SASEC program.

Read More

Tags: Energy, Hydropower, Nepal

January 2015

Hydropower to Propel GDP Growth in Bhutan

The World Bank report “Global Economic Prospects: Having Fiscal Space and Using It,” has set Bhutan's economic growth at 7.9% for the current fiscal year—1.1% higher than the Government's target of 6.8%. Propelling growth, according to the report, is completion of Dagachhu hydropower project. It also estimated growth in South Asia rebounded to an estimated 5.5% in 2014.

Read More

Tags: Bhutan, GDP, Energy, Hydropower

January 2015

Bhutan Prime Minister Tshering Tobgay Invites Green, Sustainable Investments in Bhutan

Prime Minister of Bhutan Tshering Tobgay told investors at the 7th Vibrant Gujarat Summit that Bhutan is open to clean, green and sustainable business proposals, including investments in renewable energy and hydropower. He also emphasized that Bhutan gives more value to gross national happiness, and extended an invitation among those interested in doing value-based business to invest in Bhutan.

Read More

Tags: Bhutan, FDI, Hydropower, Energy

December 2014

ADB to Finance Bhutan's Second Green Power Development Project through PPP

The Asian Development Bank (ADB) approved financing support to develop the Nikachhu hydropower plant—a run-of-the-river hydropower plant—in central Bhutan totaling $120.5 million in a package of loans and grants, through a public-private partnership. Power generated through the project will boost renewable energy generation in Bhutan, and further expand cross-border power trading in the region.

Read More

Tags: Bhutan, Energy, Hydropower, Loan

September 2014

Pancheshwar Multipurpose Project Sparks Hope for Nepal-India Energy Cooperation

Following the meeting between Indian Prime Minister Narendra Modi and Nepal Prime Minister Sushil Koirala during Prime Minister Modi's state visit to Kathmandu in August, a project that has waited in the pipeline for 17 years saw new developments.

Read More

Tags: Energy, India, Hydropower, Nepal