Exporting Indian electricity: Govts must step out of the way; let cross border transmission flow

In a World Bank blog on 16 March 2017, Toman and Timilsina estimated that between 2015 and 2040, the savings from regional South Asian electricity trade “facilitated by expanded cross-border transmission interconnections” could be as much as $94 billion. Realizing such benefits require regional electricity markets that enable cross border trade.

A regional electricity market is governed by a transparent set of rules applied consistently across all participants. A regional Indian electricity market, on the other hand, is the expansion of the Indian electricity market to neighbouring countries where cross-border trade is dependent on the discretionary authority of Governments.