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Cross-border electricity trade in South Asia is likely to grow to 60,000 megawatts
by 2045.
In addition, countries such as India, Bhutan, Bangladesh, Nepal, Pakistan, Sri Lanka and Myanmar are likely to strengthen regional power cooperation
.
According to a report by the Independent Research and Development Action Group, only 3,000 megawatts of electricity in seven countries are currently traded in the region, and border electricity trade could double by 2020
.
"According to our analysis, if gross domestic product (GDP) of all South Asian economies grows to 6.
5 percent in 2045 and continues to work together as a region, energy trade could reach 60 GW
," the agency's executive director said.
”
India's electricity trade with its neighbors is largely low
.
The country imports about 1,200 megawatts of electricity annually from Bhutan, 1,200 megawatts to Bangladesh, 450 megawatts to Nepal and 3 megawatts
to Myanmar.
India is also working on a plan to develop submarine cables
for trade with Sri Lanka.
Electricity trade in South Asia is expected to grow to 60,000 MW by 2045
Pakistan has a large hydropower potential of 59,000 megawatts, of which only 11% is exploited
.
The country also has about 17 billion tons of coal reserves and 33 trillion cubic feet (TCF) of natural gas reserves
.
While both India and Pakistan have large amounts of coal and hydropower capacity, Bhutan and Nepal rely solely on hydropower to meet their electricity needs
.
Bhutan accounts for only 30 GW, which is only 6%
of its hydroelectric potential.
Most of its revenue comes from energy exports
to India.
:/, please indicate the source for reprinting)
Cross-border electricity trade in South Asia is likely to grow to 60,000 megawatts
by 2045.
In addition, countries such as India, Bhutan, Bangladesh, Nepal, Pakistan, Sri Lanka and Myanmar are likely to strengthen regional power cooperation
.
According to a report by the Independent Research and Development Action Group, only 3,000 megawatts of electricity in seven countries are currently traded in the region, and border electricity trade could double by 2020
.
"According to our analysis, if gross domestic product (GDP) of all South Asian economies grows to 6.
5 percent in 2045 and continues to work together as a region, energy trade could reach 60 GW
," the agency's executive director said.
”
India's electricity trade with its neighbors is largely low
.
The country imports about 1,200 megawatts of electricity annually from Bhutan, 1,200 megawatts to Bangladesh, 450 megawatts to Nepal and 3 megawatts
to Myanmar.
India is also working on a plan to develop submarine cables
for trade with Sri Lanka.
Electricity trade in South Asia is expected to grow to 60,000 MW by 2045
Pakistan has a large hydropower potential of 59,000 megawatts, of which only 11% is exploited
.
The country also has about 17 billion tons of coal reserves and 33 trillion cubic feet (TCF) of natural gas reserves
.
While both India and Pakistan have large amounts of coal and hydropower capacity, Bhutan and Nepal rely solely on hydropower to meet their electricity needs
.
Bhutan accounts for only 30 GW, which is only 6%
of its hydroelectric potential.
Most of its revenue comes from energy exports
to India.
:/, please indicate the source for reprinting)
/
