India-Bangladesh cross-border electrical energy commerce: What’s at stake?

Cross-border commerce of electrical energy is nothing new. It has been taking place for a while now by bilateral agreements, memorandum of understandings or energy commerce agreements between the 2 nations. However the latest developments in Bangladesh has as soon as once more generated the controversy on the coverage facet and the component of threat concerned for the gamers concerned, this and extra within the newest episode of Energonomics.

With a purpose to facilitate and promote cross-border commerce of electrical energy with better transparency, consistency and predictability in regulatory approaches throughout jurisdictions and minimise notion of regulatory dangers, the rules on cross-border commerce of electrical energy 2016 have been issued by the Ministry of Energy in December 2016.

After receiving inputs from numerous stakeholders, a necessity was felt to revise the identical. Accordingly, new pointers have been issued in 2018.

Most, most lately on August 12, prompted by the developments in Bangladesh, the Union authorities additional tweaked the facility commerce norms to guard the pursuits of the native gamers promoting electrical energy to the neighbouring nations. It allowed energy exporters to reroute their provides to the Indian grid in case there was a delay in fee from the associate nations. Indian entities provide about 2656 megawatts to Bangladesh.

What’s the present scenario, and what’s the method forward for each India and Bangladesh on this situation?

Richa Mishra explains this and extra on this episode of Energonomics.

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