Cooperation the Best Option for South Asia’s Growing Power Needs

2 February 2017

Hydropower cooperation among Bangladesh, Bhutan, India and Nepal could be a viable option for addressing growing power needs in the region, said Mr. Ainun Nishat, Professor Emeritus, Centre for Climate Change and Environmental Research, Brac University in Bangladesh. The potential to develop hydropower in Bangladesh is limited, he said, while nuclear power is hounded by safety concerns. Professor Nishat was speaking at a seminar in Dhaka on the theme of “New Energy Realities: Building a Resilient and Low-carbon Future,” a side event at the Asia-Pacific Business Forum 2017.

Nepal’s hydropower potential stands at 83,000 megawatts (MW), while Bhutan’s is at 40,000 MW, and northeast India’s at 60,000 MW. The Government of Nepal plans to harness 10,000 MW of hydropower in 10 years, according to Mr. Arbind Kumar Mishra, Member, Nepal Planning Commission. He called for a regional grid and partnership for energy cooperation in the region.

Bangladesh needs substantial energy in order to grow at a rate of 7% or more, so regional hydropower generation would be the best solution, said to Prof. Nishat.

Energy partnership is crucial for a better future, said Mr. Arunabha Ghosh, Chief Executive Officer of the Council on Energy in India. Discussions were moderated by Mr. Nazimuddin Chowdhury, Secretary, Energy and Mineral Resources Division of Bangladesh.


Related Link:

Bangladesh, India to Pilot Cargo Railway Service

Bangladesh and India will pilot a freight train service between Dhaka and Kolkata in August, using the broad...

SASEC Road Connectivity to Open Opportunities for MSMEs

India’s Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, gave its approval for a $253,406,409...

ADB to Help Nepal Modernize Trade Facilitation

The Asian Development Bank's (ADB) has approved a $21 million loan to support the Government of...

Commentary: Standards Need Continuous Updating

This commentary by Ms. Ferdaus Ara Begum, Chief Eecutive Officer, Business Initiative Leading Development, highlights the need to...

India Allows Export of Essential Agri Commodities to Maldives

The Government of India has allowed the export of select commodities to Maldives for 2017-2018 without any policy...

Forum Emphasizes Importance of Cooperation in Regional Initiatives

The forum "Linkfest Talk on Economic Development in Landlocked Countries Part 2" organized by the French Embassy, Alliance...

Bangladesh to Ease Transshipment of Goods with Road Widening Project

The Bangladesh Executive Committee of the National Economic Council approved a road widening project for the 51 kilometer...