Volume 16, Issue 3

The talks of power trading started since late 1990s.  At the early stage, the discussions were mostly limited to technical possibilities. But necessary political will was missing to drive this initiative forward.

 

Bangladesh has to import power under comprehensive multilateral agreements if it intends to achieve 9,000 MW power import targeted for 2041. It is not possible to do that under bilateral agreements. But India is still not agreed to go beyond bilateral agreements. The essence of SAARC energy cooperation and power trade was multilateral cooperation. India being a signatory appears reluctant to go by this. A recent order of Indian Power Ministry confirms such stance of India. It states that if any country invests in a power generation project with the intention to import power from across Indian territories, it must be done through Indian government enterprises. Any thought of successful regional power trading through sidetracking India is unrealistic. However, analysts are optimistic that eventually Bhutan, Bangladesh, India and Nepal would start regional power trading. Possibly some day, BBIN grid would be linked with the ASEAN grid. Free power trading like EURO grid would also be possible.

  


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