Table of Contents
WHAT IS BIMSTEC?
- The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is a regional multilateral
- Its members lie in the littoral and adjacent areas of the Bay of Bengal constituting a contiguous regional unity.
GENESIS OF BIMSTEC
- On 6 June 1997, a new sub-regional grouping was formed in Bangkok under the name BIST-EC (Bangladesh, India, Sri Lanka, and Thailand Economic Cooperation).
- Following the inclusion of Myanmar on 22 December 1997 during a special Ministerial Meeting in Bangkok, the Group was renamed ‘BIMST-EC
OBJECTIVE
BIMSTEC ENERGY COOPERATION
- Since 2017 there were talks on a BIMSTEC power grid
INDIA AND BANGLADESH ALREADY HAVE A POWER GRID
- The governments of India and Bangladesh have completed construction on the Baharampur- Bheramara cross-border power transmission link between the countries.
- Energy Adviser to the Prime Minister said that Bangladesh is in discussions with Nepal and Bhutan for trilateral power trade.
WHY CONNECTING BIMSTEC WITH POWER GRID IS IMPORTANT?
- It increases importance of BIMSTEC initiative to a large extent
- It is also important to create a BIMSTEC energy market to keep China’s influence out of the region in terms of energy sector
CHINA NEPAL POWER GRID UNDERWAY
;
Latest Burning Issues | Free PDF
WhatsApp