Wednesday, August 14, 2013

Huge potential for South Asian energy cooperation: ADB Study

An Asian Development Bank (ADB) study has pointed huge potential for power exchange in the South Asian region.
However, there is a need of cross border power transmission interconnections and regional inter-connectivity of power systems, the recent study ‘SAARC Study on South Asia Power Exchange’ prepared by Asian Development Bank stated.
“The study opens up a myriad of windows for collaboration among SAARC member states in the important field of energy,” the SAARC secretary general Ahemed Saleem said, receiving the report from ADB country director at the Nepal Resident Mission Kenichi Yokoyama, here today.
The 200-page first of its kind report has also pointed out scenarios for nodal point supply and demand in the SAARC region that needs to be covered by interconnected power systems.
The report has also pointed various possibilities for the energy cooperation and exchange in the power starved region.

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