Saarc Framework Agreement For Energy Cooperation
Afghanistan currently produces 600 MW of electricity and about 2/3 of its population does not yet have access to electricity. Most of this 600 MW is hydroelectric, followed by fossil and solar fuels. It also imports energy from Uzbekistan via a 442 km long high-voltage line with a capacity of 300 MW. By 2020, it will need 3000 MW of electricity to meet its own needs. It intends to use wind energy and hopes to export it in the near future. However, political tensions with Pakistan are an obstacle to networking with that country. Recognising the importance of electricity in boosting economic growth and improving the quality of life, the SAARC Framework Agreement for Energy Cooperation (Electricity) was signed in 2014. The adoption of this agreement is a decisive step towards a SAARC electricity market on a regional basis. The main objectives of this agreement are to improve the availability of electricity throughout the region and to facilitate the integrated operation of the regional electricity grid. Bangladesh produces energy with natural gas, imported oil, coal, hydropower and solar energy. It has already depleted most of its natural gas resources; And there hasn`t been a new discovery in a long time. It has good coal deposits, but they are deep underground and the country has no economically viable way to dig it up. It has already exhausted its almost complete hydroelectric potential.
The Bangladeshi government is building large power plants to produce energy from imported coal, LNG and also nuclear power. In some parts, solar energy is also produced for domestic use. Bangladesh`s installed capacity is 10800 MW, which is not able to meet peak demand. To cover the deficit, it buys electricity from small oil-fired power plants and also imports 500 MW from India. He also hopes to import energy from Nepal and Bhutan. The planned conference will be a one-day activity and will consist of presentations/conferences from experts from the SAARC region and external regional experts from SAARC in order to share their experience of these regional energy frameworks. This target group will be composed of government officials from ministries, policy makers, energy sector experts and universities from SAARC member states. The Maldives is the smallest member of SAARC and meets its energy needs through the import of fuel. Its geographical location makes it impossible to connect to a country in the near future. Although Nepal has a huge potential for hydropower generation (about 42,000 MW), it faces a severe shortage of electricity and has been importing the same from India for many years.
If Nepal`s hydropower potential is realized, it can be a net exporter of energy, but there are several obstacles in this direction. Sri Lanka has no coal or natural gas, but has small oil reserves. It has a hydroelectric potential of 2000 MW and generates 48% of this capacity. Residual needs are met by the production of energy from oil, naphtha and coal. He also has dreams of nuclear power and a proposal for a connection with India. A look at the important figures and facts of the countries would help us to determine the explanatory memorandum and the prospects of the network. Bhutan has neither oil nor natural gas reserves. But it has a hydroelectric potential of 30,000 MW; and huge coal reserves that remain untapped. India and Bhutan are collaborating on several hydropower projects. India is investing a lot of money in Bhutan`s hydropower and expects to import 10,000 MW of this energy by 2020. The report, concept paper, final agenda and presentations that were presented at the videoconference are available on the links below: Pakistan has good natural gas and coal deposits as well as significant hydropower. .