Bilateral, multilateral and regional cooperation is being given increased attention by all countries in the region in planning for their energy requirements. India is presently supporting Bhutan in the development of its hydropower resources in order to meet its own requirements and in exporting the surplus energy to India.
Bhutan and Nepal have already taken policy decisions to accelerate the development of their hydropower resources, promote regional energy trade, and export surplus hydropower to countries in the region. Bhutan and Nepal are in the process of enhancing power interconnection capacity with India.
ADB has been providing technical and financial assistance for development projects in South Asia, including those in energy sector. Overall, ADB's performance in the energy sector has been both successful and instrumental in the social and economic development of South Asian nations.
For 2011 to 2015, ADB will focus its regional energy cooperation initiatives targeting:
- improved cross-border electricity transmission connectivity,
- increased power trade,
- increased cooperation in energy efficiency and clean power development, and
- capacity development.
The key outputs of the ADB interventions would be knowledge products, preparation and implementation of specific infrastructure projects and capacity development activities such as workshops, training programs and exchange visits.