PTChronicle - October 2012 - PTC India Limited

200000 MW mark. This has been possible on account
of surging private investments. The distribution
systems are beginning to get reformed through
distribution franchisees and privatization.
- Commercialization across the entire value chain
is inevitable, though there needs to be a strong
expedition of the same.
- A credible development in South Asian regional power
market is delineating the power sector and placing
generation, transmission and distribution as distinct
functions. The development has been led by India
and is followed suit by other regional countries.
- With national movements, political cooperations,
international interventions and strenghtening treaties
and agreements, there is increasing interest in
discussing energy-related cooperation, cross-border
energy investments and trade possibilities in a range
of regional cooperation organizations such as SAARC,
ECO, and BIMSTEC.
Conclusion
India has played a centrestage role in reviving the regional
power market in South Asia. The economic policies and
restructural developments have introduced possibilities of
strong regional integration. Bilateral energy trade between
India and its neighbors is a key building block of the
integrated regional energy market.
Notwithstanding other stakeholders promoting regional
trade, the pace of regional integration will be in large
part determined by the pace of development of energy
trade with India, especially on the eastern side of the
region. In this context, it is very encouraging to see the
reforms gradually taking place in the Indian energy sector
alongside efforts in strengthening the national electricity
transmission grid. ‘One Nation, One Grid’ is going to be
realized in the near future.
It is also encouraging to see that similar reforms are
either under way or being planned in other countries in
the region. The rising interest, translating to a necessity,
among the regional nations in jointly promoting regional
trade, shall prove beneficial for the region of South Asia.
16 | PTCHRONICLE | OCTOBER 2012