Nepal | August 12, 2020

Regional energy trade, cooperation sought

Himalayan News Service
Share Now:

Kathmandu, February 6

Aiming for interconnected energy junction for economic growth through cross-border power transmission lines between Nepal, Bangladesh, Bhutan, India and Myanmar, the concerned stakeholders of the said countries have sought setting up of a new type of energy trading.

During a discussion held here on Wednesday, the participants highlighted some similar key characteristics of the region, including rapidly growing energy demand, significant seasonal complementarities and large but unevenly distributed primary energy potential mostly coming from hydropower.

They also identified some challenges to the region’s electricity systems. For instance, electricity supply is irregular and has been unable to keep up with the demand.

Inefficient, costly and pollution intensive power sources have also increased the transmission losses, the participants said, adding that effectively addressing these challenges require crossborder energy trading.

Ashish Garg, general secretary of Independent Power Producers’ Association – Nepal (IPPAN), informed that the concerned stakeholders agreed on the need to arrange necessary framework to establish cross-border power connectivity between the aforementioned countries. In this regard, the meeting recommended encouraging specific cross-border power projects between Indian sub-regional countries and Nepal based on specific advantages involved, joint benefits and costs of generation capacities, he informed.

Emphasising multiple economic, social and environmental benefits of increased cross-border energy cooperation and cross-border energy trade, the participants stressed on the need to expand power trade between Nepal and Myanmar with India as a transit country. “This level of connectivity can bring significant benefits in terms of incentives to produce and price power efficiently and flexibly by Nepal,” said Garg.

Moreover, the participants suggested putting in place an effective cross-border institutional body to coordinate among national regulatory mechanisms of member states. But in the long run, it would require additional efforts to harmonise access rules, develop protocols for grid management especially ensuring minimum grid code and establishing favourable and non-discriminatory transmission charges, they said.

They also underscored the need for proper functioning of South Asian Association of Regional Cooperation framework, Bhutan, Bangladesh, India and Nepal framework, among others, for robust regional trade and cooperation — including energy trade — between various authorities.

The discussion programme was jointly organised by IPPAN and Confederation of Indian Industry and Economic Research Institute for ASEAN and East Asia. The programme was participated by representatives from the Ministry of Energy, Water Resources and Irrigation, Nepal Electricity Regulatory Commission, Embassy of India in Nepal, Japanese Embassy in Nepal, Japan International Cooperation Agency, International Finance Corporation, International Centre for Integrated Mountain Development and Asia Foundation.

A version of this article appears in print on February 07, 2020 of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Europa League, Shakhtar Donetsk

Four-goal Shakhtar set up Europa semi against Inter

GELSENKIRCHEN: Shakhtar Donetsk booked a clash with Inter Milan in the Europa League semi-finals after goals from Brazilians Junior Moraes, Taison, Alan Patrick and Dodo gave them a 4-1 win over FC Basel in a one-sided last-eight clash on Tuesday. The Ukrainian champions will take on In Read More...

Woman, daughter held in Gongabu murder case

Kathmandu, August 11 Nepal Police today made public the woman, who was arrested on the charge of murdering a man in Gongabu. The headless body of Krishna Bahadur Bohora, 45, of Rolpa was found inside a suitcase, around 100meters away from her rented room at Ganesthan, Gongabu on Sunday. Pol Read More...

COVID-19 likely to persist until India gets rid of it: Health Minister

Kathmandu, August 11 Minister of Health and Population Bhanubhakta Dhakal has said the risk of COVID-19 will remain in Nepal until the pandemic is totally contained in India. Addressing the 61st Anniversary Programme of Paropakar Maternity and Gynaecology Hospital here today, he argued that as Read More...

Bajura village cut off from rest of Nepal

BAJURA, AUGUST 11 Ajaytodki village in Ward 2 of Gaumul Rural Municipality in Bajura has been cut-off from the rest of the country for the past two days after the swollen Budhiganga River swept away a bailey bridge at Jadanga along the Sanfe-Martadi road. The sweeping away of the bridge has disco Read More...

Informal, salaried workers hit hard by COVID-19 in Kathmandu valley: Study

Kathmandu, August 11 Nearly 29 per cent of the respondents interviewed by Kathmandu Metropolitan City in a survey on ‘Impact of COVID-19 on Livelihood’ said their families were stressed due to the uncertain future facing them in the metropolis. Families living in rented rooms or houses sai Read More...

Bharatpur Hospital

Human resource crunch hits COVID lab

CHITWAN, AUGUST 11 Bharatpur COVID-19 laboratory built in April in a short period of time, is struggling to perform. Shortage of human resources has marred the laboratory’s service delivery. The lab established under Bharatpur Hospital has not made any visible progress compared to its initia Read More...

COVID spreads at community level in Rautahat

Rautahat, August 11 COVID-19 infection has been spreading at the community level in Rautahat. As many as 11 persons, including a youth leader, a petrol pump owner and an assistant health worker of Pothiyahi health post, have tested positive for the virus in Garuda Municipality today. It is Read More...

Democrat Joe Biden chooses US Senator Kamala Harris for White House running mate

Democratic presidential candidate Joe Biden on Tuesday picked Senator Kamala Harris as his choice for vice president, making her the first Black woman on a major-party US presidential ticket and giving him a partner well prepared to go on the attack against Republican President Donald Trump. Read More...