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| Power Market in SAARC Countries to 2020 -FDI Driven by Private Sector Participation is Key to FuturePower Grid ‘Friendships’ Help Avoid South Asian Power Deficits
By: Rajesh Gunnam The new report* states that the continuously increasing demand for power is stemming from rapid industrialization and commercialization in the South Asian region, with the resulting imbalance in the electrical demand and supply scenario representing the main driving force behind the growing power sector in South Asian Association for Regional Cooperation (SAARC) countries. The major SAARC countries in terms of power demand include India, Pakistan, Afghanistan, Bangladesh, Bhutan, Nepal and Sri Lanka. SAARC member countries are also planning to trade electricity with one another, with plans underway to develop a robust cross-country power grid. Plans are also underway to set up 200km of submarine cables between India and Sri Lanka to deliver 1,000 megawatts (MW) of electricity. Import and export of power between SAARC countries at competitive rates will act to support the region, offering aid in cases of power deficits in any member country. Some crossborder trade is already in place, with Bhutan exporting around 1,200-1,400MW of electricity to India’s power grid. For Sample Pages, please click or add the below link to your browser: http://www.gbiresearch.com/ The power markets of almost all SAARC member countries are regulated by state powers and, some private players are present in the generation and transmission segment, the sector is currently largely closed to competition. However, increasing electricity demands and a need to improve power infrastructure has led governments in SAARC countries to formulate lucrative policies offering incentives to private players for their investment. Indeed, the power market in many SAARC countries now invites Foreign Direct Investment (FDI), which will assist countries in developing better infrastructure, providing a more reliable power supply to its citizens and minimizing power shortages. The cumulative installed capacity for power in the major SAARC countries is expected to grow at a compound annual growth rate (CAGR) of 8.6% to reach 505.7 gigawatts (GW) in 2020. Thermal resource based installed capacity is expected to grow at a CAGR of 5.8%, while renewable and hydro sources are expected to grow at respective CAGRs of 16.9% and 9.3% doing the next decade. Nuclear power installed capacity is also expected to grow at a CAGR of 17.6% throughout 2012-2020. This report gives an in-depth analysis of power markets in seven SAARC countries, namely India, Pakistan, Bhutan, Bangladesh, Nepal, Afghanistan and Sri Lanka, with forecasts through to 2020. It analyses the regulatory framework and infrastructure of the countries’ respective power sectors and provides a detailed forecast of power installed capacity and generation by all types of resources in each market to 2020. The research also analyses annual power consumption, active and upcoming projects, export import scenario, demand and consumption scenario and macro-economic factors of each country. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts. GBI Research is a market-leading provider of business intelligence reports, offering actionable data and forecasts based on the insights of key industry leaders to ensure you stay up-to-date with the latest emerging trends in your markets. For further details, please click or add the below link to your browser: http://www.gbiresearch.com/ Visit our report store: http://www.gbiresearch.com For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: End
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