September 2022 The Asian Development Bank (ADB) is set to strengthen its partnership with India and support development priorities for inclusive growth, according ADB Vice-President Shixin Chen. Mr. Chen affirmed ADB's support to the government's post-COVID-19 economic recovery efforts. ADB incorporates gender equality into the design of ADB-funded projects and enhances regional cooperation through the South Asia Subregional Economic Cooperation platform, said Mr. Chen. Read More Tags: ADB, Renewable Energy, SASEC, India, Road, Transport |
August 2022 Climate change is a daunting development challenge that transcends borders. It therefore calls for greater global consensus and cooperation along with bold targets to tackle its widespread and multidimensional consequences. This commentary appears on the Development Asia website. Read More Tags: Energy, COVID-19, Renewable Energy, Regional Cooperation |
March 2020 A South Asia Subregional Economic Cooperation project is providing affordable energy and improving lives in rural villages through an agreement signed by Nepal’s Alternative Energy Promotion Center and the United Nations Development Programme to promote renewable energy in Nepal. Read More Tags: ADB, Hydropower, Nepal, Renewable Energy, SASEC, Solar Energy |
May 2019 India could play a crucial role in interconnecting regional energy networks. In this commentary, Mr. Mahendra P. Lama outlines what India needs to approach energy security projects in India and its neighboring countries. Read More Tags: Bangladesh, Renewable Energy, Regional Cooperation, Nepal, India, Maldives, Myanmar, Sri Lanka, Trade, Transport |
May 2018 The Government of India signed an agreement to build two liquefied natural gas (LNG) terminals in Colombo, Sri Lanka, in collaboration with the Government of Japan. These were approved by the Government of Sri Lanka, along with an LNG project by the People's Republic of China. In total, the three LNG power plants will generate up to 1,400 megawatts. Read More Tags: India, Sri Lanka, Renewable Energy, Energy, LNG |
May 2018 Dr. Yongping Zhai, Technical Advisor (Energy), Sustainable Development and Climate Change Department, Asian Development Bank (ADB), and Mr. David Elzinga, Senior Energy Specialist, ADB, advised the Government of Sri Lanka to keep their options open in securing the country's energy future. Reiterating ADB's support for Sri Lanka's energy security, Dr. Zhai urged the country to opt for renewables over coal to fast-track its commitment to the Paris agreement. Read More Tags: ADB, Renewable Energy, Climate Change, Energy, Sri Lanka, Regional Cooperation |
September 2017 India has formed the India-Myanmar Chamber of Commerce (IMCC) in Yangon to increase trade between the two countries, which currently stands at around $2 billion. IMCC will focus on helping Indian business invest in Myanmar and vice versa. Read More Tags: Agriculture, Exports, Imports, India, Infrastructure, Renewable Energy, Small and Medium Enterprises, Thailand, Trade, Transport |
February 2017 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 |
December 2016 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 |
September 2016 The Government of Maldives invited Sri Lankan businesses to invest in the archipelago, and bid for projects in airport development, housing, hospitals and renewable energy. Maldivian High Commissioner in Sri Lanka, Zahiya Zareer emphasized the need for Maldives and Sri Lanka to build more commercial ties. Read More Tags: Maldives, Sri Lanka, Airports, Renewable Energy |
June 2016 Regional trade in power could save India from having to invest in 35,000 megawatts in coal-fire facilities, estimated at $26 billion, over the next 25 years. Through energy trade with Afghanistan, Bhutan, and Nepal, India could benefit from reduced fuel costs and a 6.5% reduction in greenhouse gas emissions. Read More Tags: India, Energy, Regional Cooperation, Renewable Energy |
May 2016 Bangladesh is reviewing targets for its renewable energy program to reduce the country’s greenhouse gas emissions. Mr. Nasrul Hamid, State Minister for Power, Energy, and Mineral Resources of Bangladesh said the Sustainable and Renewable Energy Development Authority aims to increase share of energy coming from renewable resources. Read More Tags: Bangladesh, Energy, Renewable Energy |
February 2016 Sri Lanka aims to become an energy self-sufficient nation, drawing on renewable energy sources locally by 2030. The Government's vision for Sri Lanka's energy sector also includes generating additional 1,000 megawatts of renewable energy for consumption by 2035, and excess energy for export to neighbors, including India, by 2050. Read More Tags: Sri Lanka, Renewable Energy, India |
September 2014 The Government of Nepal signed the Framework Agreement for Energy+ Cooperation with the Government of Norway, the Government of Denmark, the Asian Development Bank and United Nations Development Program to contribute toward the actual implementation of the Sustainable Energy for All Initiative (SE4ALL). Read More Tags: Nepal, Energy, Renewable Energy |