• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

(VIDEO) Trump Gives Hilarious Take on “Freako” James Talarico’s New Pro-Meat Campaign * The Gateway Pundit * by Jordan Conradson

October 2, 2026

Ms. Rachel’s Politics Sparks Pushback from Parents: A ‘Mouthpiece’ for Hamas

October 2, 2026

Anthropic Co-Founder Daniela Amodei Kept ‘Personal Advisory Council’ of Stuffed Animals to Solve Problems

October 2, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, October 2
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    (VIDEO) Trump Gives Hilarious Take on “Freako” James Talarico’s New Pro-Meat Campaign * The Gateway Pundit * by Jordan Conradson

    October 2, 2026

    Hispanics Are Furious At Trump So He Is Coming To Texas To Rub Their Noses In It

    October 1, 2026

    New York grapples with kinks in $1B Medicaid system

    October 1, 2026

    18-Year-Old Student Dies After Falling from Fourth-Floor Balcony at Los Angeles High School in Apparent ‘Suicide’ Following Classroom Fight * The Gateway Pundit * by Jim Hᴏft

    October 1, 2026

    After Reflecting Pool Humiliation, Rep. Jamie Raskin Gives DOJ Hot Tip On Felon Orange Vandal Desecrating DC

    October 1, 2026
  • Health

    Journal Science devotes issue to women’s health. Here’s why

    October 1, 2026

    As CDC redesigns annual health survey, it removes questions about disabilities

    October 1, 2026

    International visas, GLP-1s for kids, Medicaid: Morning Rounds

    October 1, 2026

    8 New Jersey Rehab Centers For Drug And Alcohol Recovery (2026)

    September 30, 2026

    Legal immigrants poised to lose Medicaid coverage| STAT

    September 30, 2026
  • World

    Le Pen Party Able to Form French Senate Group for First Time in History

    October 2, 2026

    Woman Told Cornell Police 2 Years Ago She Was 100% Confident She Was Raped, Report Says

    October 2, 2026

    Eiffel Tower Chief Steps Down After Female Employees Ordered ‘Be Invisible’ for Hindu Sect Visit

    October 1, 2026

    Sarah Huckabee Sanders Fires Back At Far-Right Criticism Of Her Ad

    October 1, 2026

    Pope Leo Pushes Reform on Zealously pro-Migration Bishops

    October 1, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    The New Development Bank Quietly Delivers During India’s BRICS Year

    October 1, 2026

    Australia as an AI Middle Power

    October 1, 2026

    Can Myanmar’s New Government Revive the Stalled Dawei SEZ Project?

    October 1, 2026

    Fed’s Kashkari says inflation is ‘still too high’ even after softer-than-expected PCE data

    September 30, 2026

    Goodbye, ‘China Plus One’: The Real Change in US China Policy

    September 30, 2026
  • Tech

    Anthropic Co-Founder Daniela Amodei Kept ‘Personal Advisory Council’ of Stuffed Animals to Solve Problems

    October 2, 2026

    Gavin Newsom Orders California to Keep ‘AI’ Term After Trump’s ‘Super Intelligence’ Rebrand

    October 1, 2026

    Chinese AI Models Provided Instructions on Sarin Gas Production, Terror Attack Advice

    October 1, 2026

    Peter Schweizer Deflates the AI ‘Robot Apocalypse’ Scare

    October 1, 2026

    Leading AI Experts Fault Senate Democrats for Blocking Ratepayer Act

    October 1, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»With Start of Trilateral Hydropower Trade, South Asia Begins Historic Cooperation
Finance

With Start of Trilateral Hydropower Trade, South Asia Begins Historic Cooperation

November 21, 2024No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
With Start of Trilateral Hydropower Trade, South Asia Begins Historic Cooperation
Share
Facebook Twitter LinkedIn Pinterest Email

On November 15, a trilateral power-sharing agreement between India, Nepal, and Bangladesh came into effect. Under the agreement, which was signed on October 3, hydropower-rich Nepal will export 40 MW of electricity to energy-starved Bangladesh through the Indian power grid.

Nepal and Bangladesh do not share a border; hence, India, which connects the two countries, is part of the transborder power trade initiative. The project, which was jointly inaugurated by ministers from the three countries, is a historic milestone in regional cooperation.

It is the first trilateral hydropower project in South Asia.

India, Nepal, and Bangladesh are also collaborating to develop the 683 MW Sunkoshi-3 hydropower project. While the dam is located 60 km from Kathmandu in Nepal, the project will be jointly developed by conglomerates and developers in the three countries in cooperation with the three governments.

According to media reports, relations between India and Nepal, and between India and Bangladesh, are not in the best of health.

New Delhi is said to be upset with Nepali Prime Minister K. P. Sharma Oli and has therefore not extended him an invitation to visit India. India’s relations with Bangladesh are said to have soured after the fall of the Sheikh Hasina government. Indian Prime Minister Narendra Modi is reported to have “rejected” a request from Bangladesh for a meeting with Chief Adviser of the Interim Government  Muhammad Yunus on the sidelines of the recent United Nations General Assembly summit in New York.

Their difficult relationships notwithstanding, cooperation among these countries on multilateral projects is making progress on the ground. The recent launch of the trilateral power supply agreement between Nepal, India, and Bangladesh is an example.

See also  Analysts Say These 2 Stocks Are Their Top Picks for the Rest of 2023

India-Nepal hydro-power sharing goes back several decades. Last year, the two countries signed agreements providing for India’s purchase of 10,000 MW of hydropower from Nepal in the next 10 years.

There has been progress in the India-Nepal fuel supply connectivity too. On September 10, 2019, the two countries reached a historic milestone when they inaugurated a 69-kilometer-long oil pipeline from Nepal’s Amalekhunj to India’s Motihari. The $45 million India-funded pipeline is the first cross-border oil pipeline in South Asia. India, which is landlocked Nepal’s sole supplier of fuel, previously transported oil to Nepal only through tankers. The oil pipeline has now enabled Nepal to import fuel at a lower cost. In effect, the India-Nepal pipeline will save Nepal about $8.7 million annually in transport costs for fuel.

Intra-South Asia connectivity is among the worst in the world. Bilateral tensions, anti-India sentiments, and apprehension of the smaller countries that India will dominate their far smaller economies have stood in the way of improving connectivity.

As a result, South Asian countries suffer from poor “HAT” connectivity, where H stands for hydropower, A for aviation, and T for transit and tourism.

Transborder hydropower projects are few and far between in South Asia and the full potential of bilateral and trilateral cooperation between hydropower-exporting countries like Nepal and Bhutan and importing countries like India and Bangladesh is yet to be tapped.

As for aviation, flying from Kathmandu in Nepal to Thimphu in Bhutan — the two countries are separated by a narrow strip of Indian territory — is more difficult than flying from Kathmandu to Thailand. There is no direct flight between New Delhi and Islamabad. Travelers have to take flights via cities in the Gulf.

See also  An Historic Injunction as the Fight for Free Speech Continues

Transit travel is not easier either. Bangladesh is less than half an hour’s drive from Nepal’s eastern border. However, in order to travel to Bangladesh, a Nepali traveler from Far East Nepal has to go to the Bangladesh embassy in Kathmandu, which is a 15-hour-long drive away, to get a visa. To come to Nepal from Bangladesh via India, there are troubling single entry or double entry issues, which are hurting potential tourism connectedness in the region.

Nepal’s hydropower exports to Bangladesh and India’s oil exports to Nepal via pipelines, are among the rare transborder connectivity projects in South Asia.

As the largest country in South Asia and the only one that shares borders with almost all the region’s countries, India is in a unique position to facilitate, even lead, HAT connectivity initiatives.

India’s recent efforts on the energy connectivity front vis-à-vis some of its neighbors indicate that it is keen to emerge as a hub for trading in electricity and petroleum products in the region. Besides, Nepal and Bangladesh, where it has stepped up power connectivity cooperation, India will supply liquefied natural gas (LNG) for Sri Lanka’s power plants. It is also working on an undersea transmission line for supplying electricity to the island nation.

However, such transborder power transmission arrangements are not always easy. India’s Adani Power has been supplying electricity to Bangladesh since April 2023. However, in the wake of the forex crisis and the political crisis following the resignation of Sheikh Hasina, Bangladesh has not been able to pay over $800 million in dues to Adani Power. Adani Power has cut supply by over 60 percent and says it will resume supply once Bangladesh begins to repay the outstanding amount. With post-Hasina bilateral relations in a state of flux, India seems unwilling to budge from its position.

See also  Why The Trump Admin Shelved His Signature Trade Deal

Despite some visible irritants on the diplomatic and political fronts, voices in support of regional connectivity and cooperation are growing in all countries. Such cooperation is an important item on the agenda of private players. South Asian governments need to heed their demands and match their energy on the issue of regional cooperation.

Asia Begins Cooperation historic Hydropower South start trade Trilateral
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The New Development Bank Quietly Delivers During India’s BRICS Year

October 1, 2026

Australia as an AI Middle Power

October 1, 2026

Can Myanmar’s New Government Revive the Stalled Dawei SEZ Project?

October 1, 2026

Fed’s Kashkari says inflation is ‘still too high’ even after softer-than-expected PCE data

September 30, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Zendaya Honors Angus Cloud After Death: ‘Infinite Beauty’

August 1, 2023

Hollywood director defends child drag shows during rambling Oscars victory speech

March 14, 2023

At the Masters, Brooks Koepka Holds the Lead and Tiger Woods Withdraws

April 9, 2023

New York School District Introduces $57,000 Humanoid Robot AI Teaching Assistant

July 22, 2026
Don't Miss

(VIDEO) Trump Gives Hilarious Take on “Freako” James Talarico’s New Pro-Meat Campaign * The Gateway Pundit * by Jordan Conradson

Politics October 2, 2026

President Trump delivers remarks at Peterbilt Motors Company in Denton, Texas President Trump on Thursday…

Ms. Rachel’s Politics Sparks Pushback from Parents: A ‘Mouthpiece’ for Hamas

October 2, 2026

Anthropic Co-Founder Daniela Amodei Kept ‘Personal Advisory Council’ of Stuffed Animals to Solve Problems

October 2, 2026

Disgraced Team USA Gymnastics Doctor Larry Nassar Removed from Michigan Sex Offender Registry

October 2, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (7,193)
  • Finance (5,197)
  • Health (2,926)
  • Lifestyle (1,947)
  • Politics (4,804)
  • Sports (5,385)
  • Tech (2,771)
  • Uncategorized (4)
  • World (7,456)
Our Picks

“It’s Messi in a final”

August 19, 2023

Former Arkansas, NFL Quarterback Ryan Mallett Dead at 35

June 29, 2023

U.S. Open Refuses to Close Stadium Roof Despite Stifling Temps, Complaints from Players and Fans

September 8, 2023
Popular Posts

(VIDEO) Trump Gives Hilarious Take on “Freako” James Talarico’s New Pro-Meat Campaign * The Gateway Pundit * by Jordan Conradson

October 2, 2026

Ms. Rachel’s Politics Sparks Pushback from Parents: A ‘Mouthpiece’ for Hamas

October 2, 2026

Anthropic Co-Founder Daniela Amodei Kept ‘Personal Advisory Council’ of Stuffed Animals to Solve Problems

October 2, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.