News List

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

March 2020

Grant to Provide Affordable Energy Supply to Remote Nepal Villages through SASEC

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.

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Tags: ADB, Hydropower, Nepal, Renewable Energy, SASEC, Solar Energy

June 2019

Nepal to Welcome Bangladesh Hydropower Investments

Nepal will welcome private and public sector investments from Bangladesh, said Energy, Water Resources and Irrigation Secretary, Nepal, Mr. Dinesh Kumar Ghimire. He said Nepal and Bangladesh are looking to boost trade and business with each other and should explore new areas of cooperation.

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Tags: Bangladesh, Energy, Hydropower, Investments, Nepal, Solar Energy

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.

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