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Energy in Southern Asia

  • The privatization of Pakistan’s power sector Privatization and U.S. support put Pakistan on track towards 50,000 MW goal

    PAKISTAN, 2016/04/09 Pakistan’s power sector has hampered increase for a lot of years. The combination of new government initiatives, a revitalized private energy sector and cooperation with international partners – namely the U.S. – is going a long way to not only transaction with the issues that Pakistan faces, but as well to make it one of the majority dynamic and geopolitically significant energy players in the world One of the major challenges Pakistan’s economy faces today is power supply. Prime Minister Nawaz Sharif’s government has said that it plans to improve Pakistan’s power sector through reform and investment to boost increase, and hopes to end chronic power shortages that have crippled the economy for years. So, it has made real strides to tackle this issue chief on.

  • Russia to Help India Build 12 Nuclear Reactors

    INDIA, 2015/12/26 Russia and India signed agreements on Thursday to boost cooperation in energy and defense, while New Delhi aims to modernize its armed forces and build a nuclear industry and Moscow seeks investment and new markets. Russian President Vladimir Putin told a joint briefing with visiting Indian Prime Minister Narendra Modi that Moscow supported New Delhi's "strengthening role in resolving world and regional problems". Russia is keen to develop and deepen its Soviet-era economic ties with India and sell new technologies to one of the world's fastest-growing economies at a time its own economy is stagnant, hit by Western sanctions and a plunge in world oil prices.

  • President Vladimir Putin shakes hands with Prime Minister Sheikh Hasina

    BANGLADESH, 2015/10/29 With strong relations dating back to the war of liberation in 1971, Bangladesh and Russia are seeing a closer and additional comprehensive partnership spanning over law and justice, counter terrorism, education, culture, healthcare and medical sciences, agriculture inclunding nuclear energy Bangladesh has historically very strong ties with Russia. In 1971 the former Soviet Union stood by the country in its journey towards independence, later supporting Bangladesh’s reconstruction and rehabilitation efforts and development of its war-damaged economy. Relations are set to expand rapidly with the proposed establishment of an intergovernmental commission for cooperation in the areas of trade, economic and scientific and technical issues.

  • Turkmenistan electricity supply to Afghanistan

    AFGHANISTAN, 2014/02/08 Turkmenistan is ready to consider proposals to increase the supply of its electricity to Afghanistan, the country's President Gurbanguly Berdimuhamedov said at a conference of Cabinet of Ministers, a message from the Turkmen government said on Feb.7. "President Gurbanguly Berdimuhamedov said that Turkmenistan is ready to consider proposals to increase the supply of its electricity to Afghanistan, inclunding to expand its energy infrastructure with the aim of further output and connect to facilities in Afghanistan," the Turkmen government said. Additionally, the schemes of construction of additional power transmission lines were submitted for the president's consideration.

  • Central Asia: South Asia Energy Project a Pipe Dream?

    CENTRAL ASIA, 2013/09/05 In early June, a newspaper in Pakistan announced the Asian Development Bank would withdraw from a much-anticipated energy transmission project that aims to connect Central and South Asia. The statement stated that security fears in Afghanistan were prompting the ADB to drop its 40 % interest in the project. The newspaper, the Express Tribune, cited a senior official from Pakistan’s Ministry of Water and Power as the source of its scoop. If authentic, the move would be a significant blow to American-backed efforts to link Central Asia’s economies with Afghanistan and South Asia, a project known as the New Silk Road. An ADB representative in Dushanbe would not confirm or deny the statement that the bank is pulling out of the project, only stating that the bank is “exploring different opportunities” and “taking a practical approach in supporting regional energy trade, and is building energy infrastructure in stages to support an improved regional energy market.”

  • Economic diplomacy and state autonomy in India

    INDIA, 2013/07/20 The Indian states of Punjab and Tripura played a pivotal role in convincing New Delhi to do so, which raises the issue of whether national governments in India should have better autonomy at the same time as it comes to managing its economic affairs. India has indicated it is willing to export 500 megawatts of electricity to Pakistan and Bangladesh to help alleviate their energy crises. But there has been considerable opposition to the power-selling scheme, particularly in Pakistan. Jamaat-ud Dawah leader Hafiz Saeed and other hardliners in Pakistan have attacked Prime Minister Nawaz Sharif for agreeing to the scheme, stating that are there is ‘no need to beg India’. Sceptics in India as well feel that this is not a pragmatic decision, arguing that the country should initial address its own energy crisis before exporting electricity to its neighbours.

  • Bangladesh hikes electricity prices by 15 pct

    BANGLADESH, 2013/01/01 Bangladesh's energy regulator BERC has approved increases in electricity prices for retail consumers by an average of 15 % effective from this month to cut the losses of the national-run power generating firm, it said on Thursday. It as well increased bulk power price by 16.92 %. The new power tariff is effective from September 1, BERC chairman Syed Yusuf Hossain, announced at a news conference.

  • India's energy consumption to double by 2031

    INDIA, 2013/01/01 Energy consumption in India is likely to double to 1,124 kgs of oil equivalent (kgoe) by 2031-32 on the back of high economic expansion, a joint study by consultancy Deloitte and industry chamber Assocham showed Wednesday. The statement said a multi-pronged strategy, like increasing production of oil and gas and diversifying import sources, are needed to meet growing energy request in India, which is heavily dependent on imports.

  • large power projects

    BANGLADESH, 2012/12/20 Speakers at a discussion on Sunday stressed the need for speeding up the implementation of various large power projects to phase-out the quick-rental plants for keeping the electricity tariff at affordable level. They said long-term power projects must be given priority and at the same time, the government should take steps to overhaul existing power plants timely and check system losses to improve the in general power supply situation. The Forum for Energy Reporters Bangladesh (FERB) organised the seminar with its Chairman and Editor of the fortnightly Energy and Power Mollah Amzad Hossain in the chair. FERB Director Rafiqul Bashar presented the keynote paper.

  • 700 million people were left without power

    INDIA, 2012/08/08 This week, much of northern India was plunged into darkness for two consecutive days. About 700 million people were left without power, a situation that has affected transport, communication, healthcare, industries, agriculture and everything in between. The outgoing power minister, Sushil Kumar Shinde, blamed a few states for drawing additional power than they were entitled to. He didn't name them, but Indian newspapers were less coy, identifying Uttar Pradesh, Punjab, Haryana and Jammu Kashmir as the offending areas. The regional grid could not cope with the increased request, and – because some of the grids are interconnected – the system tripped.
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