Regional: Study on a South Asia Regional Power Exchange

Sovereign Project | 43224-012

Summary

The impact of the TA will be enhanced regional power trading among SAARC countries.

The outcome of the TA will be a proposal for a SAARC regional power exchange to facilitate development of the regional pweor market. This would be based on technically and economically feasible bilateral power trade, and enhancement of this trade to enable regional participation. The regional power market would be aided by regionally harmonized principles and procedures on power scheduling, energy accounting and settlement, and network access.

Phase 1 of the TA will be confined to studying in detail the existing operational environment in the power sector in individual countries.

Phase 2 of the TA will be to identify and analyze different scenarios of regional power trade.

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Project Name Study on a South Asia Regional Power Exchange
Project Number 43224-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7529-REG: Study on a South Asia Regional Power Exchange
Regional Cooperation and Integration Fund US$ 750,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change
Sector / Subsector

Energy - Energy sector development and institutional reform

Gender Equity and Mainstreaming No gender elements
Description

The impact of the TA will be enhanced regional power trading among SAARC countries.

The outcome of the TA will be a proposal for a SAARC regional power exchange to facilitate development of the regional pweor market. This would be based on technically and economically feasible bilateral power trade, and enhancement of this trade to enable regional participation. The regional power market would be aided by regionally harmonized principles and procedures on power scheduling, energy accounting and settlement, and network access.

Phase 1 of the TA will be confined to studying in detail the existing operational environment in the power sector in individual countries.

Phase 2 of the TA will be to identify and analyze different scenarios of regional power trade.

Phase 3 - Based on the findings of phase 1 and 2 activities, develop the structure of a regional pwoer exchange that can link with the existing Indian power exchanges, with any operational modifications necessary, and centrally facilitate extension of the Indian power market to cater for regional power trade.

Project Rationale and Linkage to Country/Regional Strategy

Facilitation of cooperation in energy is one of the key operational objectives of the South Asia Regional Cooperation Strategy and Program (RCSP) 2006-2008. In line with this and ADB's commitment or supporting regional cooperation in South Asia through the South Asian Association for Regional Cooperation (SAARC), a regional technical assistance (RETA) for Preparing the Energy Sector Dialogue and SAARC Energy Center Capacity Development was approved in December 2006. The RETA aims at addressing the options, benefits, and constraints of increased energy trends in South Asia through the conduct of the SAARC Regional Energy Trade Study (SRETS) and the development of the capacity of the SAARC Energy Center (SEC). The SRETS dealt with different options available for regional cooperation in energy trade within South Asia as well as for interregional cooperation. Among these optons, it has clearly recognized the benefits of establishing a regional power market for enhanced regional energy trade in the SAARC region.

This TA to study the structuring of such a regional power exchange will significantly contribute to advancing regional energy trade in South Asia as identified by the SRETS.

Impact Enhanced regional power trading among SAARC countries
Project Outcome
Description of Outcome Proposal for a SAARC regional power exchange to facilitate development of the regional power market
Progress Toward Outcome Implementation of the TA is ongoing.
Implementation Progress
Description of Project Outputs

1. Power system studies required to allow feasible cross-border power trade

2. Analysis of the institutional, regulatory, and commercial requirements for cross-border power trade

3. Scenario analysis to identify opportunities for cross-border power transfer

4. A road map for required strengthening of crossborder and in-country transmission links

5. Economic and financial evaluation of different power trade options

Status of Implementation Progress (Outputs, Activities, and Issues)

Inception Meeting (a SAARC Inter-governmental meeting) was held on 23-24 November 2010 in Colombo, Sri Lanka. ADB Consultant (P.N. Fernando) made a presentation on the finalized SRETS Report followed by discussion on the progress on the recommendations. ADB Consultant (D. Chattopadhyay) made a detailed presentation on the proposed Study on Regional Power Exchange. The meeting identified the focalagencies/persons int he member states for future interaction for collection of data and other related information.

Final Inception Report has been circulated to the SAARC member states on 2 December 2010.

The draft Interim Report was discussed during the interim meeting held in Bangkok, Thailand on 29-30 March 2012.

The draft Final Report incorporating comments from member states has been circulated to member states in August 2012.

A final meeting to consider and finalize the draft final report will be held in November 2012.

Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services All consultants envisaged under the project have been engaged and have commenced services.
Procurement Not required.
Responsible ADB Officer Priyantha D.C. Wijayatunga
Responsible ADB Department South Asia Department
Responsible ADB Division Energy Division, SARD
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 21 Aug 2009
Fact Finding 01 Mar 2010 to 02 Mar 2010
MRM -
Approval 13 May 2010
Last Review Mission -
PDS Creation Date 01 Sep 2009
Last PDS Update 25 Mar 2013

TA 7529-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
13 May 2010 - 13 May 2010 30 Jun 2012 30 Jun 2013 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
750,000.00 0.00 0.00 0.00 0.00 0.00 750,000.00 13 May 2010 618,506.90

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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