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GMS Countries Formally Organize to Implement Power Trade in the Subregion
Guilin, PRC, 13-14 July 2004

The First Meeting of the Regional Power Trade Coordination Committee (RPTCC-1) was held in Guilin, PRC, on 13-14 July 2004 and co-hosted by the National Development and Reform Commission (NDRC) and China Southern Power Grid Co. (CSG) of the People's Republic of China (PRC), and the Asian Development Bank (ADB).

The RPTCC-1 meeting was participated in by nominees to the RPTCC of the GMS member countries, except Myanmar.

The establishment of the RPTCC was provided for by the Inter-Governmental Agreement on Regional Power Trade (IGA), signed by all GMS countries in November 2002, in order to coordinate regional power trade in the GMS. The RPTCC was also tasked to oversee the formulation and adoption by its members, of the Regional Power Trade Operating Agreement (PTOA), which will prescribe operational guidelines for technical coordination, cross-border pricing and institutional framework for power trade in the GMS.

At present, five (5) GMS members have ratified the IGA, which entered into force the moment three (3) countries have ratified it.

During the RPTCC-1 meeting, the members elected the Chairperson (Mr. Wang Jun of PRC) and Vice Chairperson (Dr. Somboune Manolom of Lao PDR) in accordance with the revised RPTCC guidelines, which were also affirmed during the meeting. ADB was named Co-Vice Chairperson and Special Coordinator to oversee the formulation of the PTOA until its adoption by the GMS members.

The RPTCC also came up with a draft RPTCC work plan, which would be further finalized in its second meeting to be held in Thailand in November 2004. Substantive discussions took place during the session on the Interim Report of the consultant (Soluziona) to draft the PTOA.

Comments from the RPTCC members, Adviser (E7 Group), World Bank and ADB were noted by the consultant and would be taken into consideration in finalizing the PTOA report, and in accordance with the timetable agreed with ADB under the ADB-financed TA project "Study for a PTOA in the GMS." Please see minutes of the meeting [ PDF: 161kb | 11 pages ] for more details.


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