Improving Regulatory Environment for a Regional Power Market in South Asia
Singh, Anoop; Wijayatunga, Priyantha; Fernando, P. N. | August 2016
Abstract
The paper critically examines the power sector regulatory and policy environment in the South Asian countries in the context of cross-border power trade. It identifies key issues influencing rapid development of cross-border power trade and provides specific recommendations to address them. The paper concludes that economic power exchange would not happen without the appropriate policies and without harmonizing legal and regulatory frameworks in all the necessary systems. If left to bilateral trading, the status quo of a limited trading regime will leave the vast economic, reliability, and environmental benefits unrealized. Experiences across the world show that such legal and regulatory changes can be accomplished successfully.
Citation
Singh, Anoop; Wijayatunga, Priyantha; Fernando, P. N.. 2016. Improving Regulatory Environment for a Regional Power Market in South Asia. © Asian Development Bank. http://hdl.handle.net/11540/7601. License: CC BY 3.0 IGO.ISSN
2313-5867 (Print)
2313-5875 (e-ISSN)
Keywords
Government Policy
Regional Organization
Regional Plans
Economic integration
Regional Development Bank
Preferential tariffs
International negotiation
Protectionist measures
Access to markets
Economic agreements
International trade law
Regional integration
Trade relations
Regionalism
Regional Economy
Regional Trading Arrangements
Regional Trade Integration
Regional Economic Integration
Regional Cooperation
Interregional Cooperation
Trade Disputes
Trade Barriers
Regional economics
Regional planning
Regional disparities
Interregionalism
Regional economic disparities
Regional economic blocs
Industrial arbitration
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