Regional Energy and Trade Laws in South Asia
Article from: OGEL 4 (2004), in Electricity Law and Regulation
Summary
Currently, interest in and support for promoting regional energy trade in South Asia are considerable. In July 2004, the South Asian Association for Regional Cooperation (SAARC) endorsed the concept of an "Energy Ring" of interconnected energy systems in the region. At a national level, renewed prospects for regional energy trade were achieved over the past year by licensing of electricity traders under India's Electricity Act 2003. These and other market forces created by reforming India's power sector were accompanied by support for implementing the South Asia Preferential ...