SAARC Energy Agreement: A step in the right direction
Institute for Defence Studies and Analyses (IDSA), January 5, 2015
Sanket Sudhir Kulkarni, Ph.D Research Scholar, NIAS & Visiting Fellow, IDSA
The Narendra Modi government has made energy security an important feature of its foreign policy, with some big ticket energy deals being signed. One major step in this regard related to regional energy security, when India, along with other South Asian countries, signed a regional cooperation agreement on electricity trade during the SAARC summit at Kathmandu. Under this agreement, Pakistan, India, Sri Lanka and Bangladesh would be able to import electricity from hydropower-rich Nepal and Bhutan. The article delves into the prospects of the recent SAARC energy agreement and the challenges ahead.