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Saarc countries planning to set up common power grid
12 Sep 2014

A South Asian regional grid will be on top of the agenda when the energy ministers from member countries of South Asian Association for Regional Cooperation (SAARC) meet next month. While the concept of has been in circulation for some time now, Modi’s focus on immediate neighbourhood will see India pushing for the grid.

The proposed cross country grid is being envisaged for harnessing each SAARC nation's capacities and resources to address growing energy needs in the region. India, Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan and Sri Lanka are part of SAARC.

Power minister Piyush Goyal on Thursday said his ministry is working out a schedule to hold a conference of power ministers’ from SAARC nations. “On the lines of Prime Minister Narendra Modi reaching out to India’s neighbours during his swearing-in, we look at relationship with an open mind based on the strength of India’s security interests and better economic relations," he added.

The venue of the SAARC meeting is yet to be decided.

Read the full story at The Financial Express