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 for
more details.