BIMSTEC Nations Agree to Look Into Regional Grid, Gas Pipeline
New Delhi, Oct 4, IRNA
India-BIMSTEC-Energy
The BIMSTEC group of seven South and South- East Asian countries today agreed to look into the possibility of setting up a trans-regional gas pipeline and a power transmission network as part of efforts to enhance energy cooperation and ensure energy security in the region.
Representatives of the Bay of Bengal Initiative for Multisectoral Technical and Economic Cooperation (BIMSTEC) at its meeting here also agreed to evolve a common regulatory framework for grid inter- connections and strengthen cooperation in hydro, non-conventional as well as research activities.
The first meeting of ministers and officials of BIMSTEC, which includes India, Bangladesh, Bhutan, Nepal, Sri Lanka, Myanmar and Thailand, today adopted a Declaration and a Plan of Action for greater energy cooperation in the region.
The group has agreed to the concept of a power exchange and grid interconnection of developing countries to country grid
interconnections to enable electricity to flow across the region.
It has also agreed to study the possibility of a Trans-BIMSTEC gas pipeline network, Power Secretary R.V. Shahi said after the meeting.
Shahi said separate task forces would be set up to examine the feasibility of setting up a regional grid and pipeline network, but gave no timeframe or cost estimates the projects may involve.
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