Cross-Border Power Trading in South Asia: It's Time to Raise the Game

There are significant economic, environmental and reliability benefits of power trading among South Asian countries that largely remain unexploited to date. However, a comprehensive regulatory framework to recognize these benefits and to drive investment from beneficiary countries is lacking. It is important that the necessary market arrangements, such as an extension of the power exchanges in India to encompass cross-border trading, are put in place to accelerate the development of interconnectors to reap these benefits.