Harmonizing Electricity Laws In South Asia

Download or read book Harmonizing Electricity Laws in South Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-10-01 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity shortages in South Asia are adversely impacting the region's socioeconomic development. Energy trade is seen as a solution to this challenge. The South Asian Association for Regional Cooperation (SAARC) Framework Agreement for Energy Cooperation (Electricity) is a key step in realizing regional trade in energy. To support implementation of the framework agreement, ADB and SAARC in Law are working to improve legal and regulatory harmonization in the energy sector. This report identifies the legal, regulatory, technical, and commercial requirements for energy trade, and what each country in South Asia needs to do to make the framework agreement a reality. The recommendations, summarized in tables, provide an easy reference for policy makers and energy stakeholders in the region.