Energy sector


Energy sector cooperation is led by Myanmar.

The objectives of the sector are to enhance energy cooperation among BIMSTEC Member States through the establishment of BIMSTEC Grid Interconnection program to expand energy trade among Member States and accelerate development of new hydro-power projects, interconnection of electricity and natural gas grids, implementation of viable renewable energy projects, and sharing of experiences, knowledge and information on energy efficiency programs.

This sector conducts its business through BIMSTEC Energy Ministers’ Meeting, Senior Officials Meeting on Energy (SOM-E) and Task Force/Expert Group Meetings. Energy Ministers are supposed to meet once every two years. SOM-E is supposed to meet at least once a year to follow up on energy sector related cooperation.

 A Task Force was established for setting up of BIMSTEC Energy Centre. The MOA on the Establishment of BIMSTEC Energy Centre was signed on 22 January 2011 in Nay Pyi Taw, Myanmar. The BIMSTEC Energy Centre is being hosted by India at Bengaluru.

A Task Force on Trans Power Exchange and Development Projects was also established to develop MOU for the establishment of BIMSTEC Grid Interconnection. The finalized text of the MOU is expected to be signed during the 3rd Energy Ministers’ Meeting scheduled to be held in Kathmandu, Nepal in 2018.

Energy Ministers’ Meeting

1st Energy Ministers’ Meeting: New Delhi, India, 04 October 2005

2nd Energy Ministers’ Meeting: Bangkok, Thailand, 05 March 2010

3rd Energy Ministers’ Meeting Proposed to be held in Kathmandu, Nepal, in 2018

Senior Officials’ Meeting on Energy

1st Senior Officials’ Meeting on Energy: New Delhi, India , 03 October 2005

2nd Senior Officials’ Meeting on Energy: Bangkok, Thailand, 4 March 2010

3rd Senior Officials’ Meeting on Energy: New Delhi, India, 8 February 2011

4th   Senior Officials’ Meeting on Energy: Nay Pyi Taw, Myanmar, 11-12 January 2017

5th Senior Officials’ Meeting on Energy: Proposed to be held in Kathmandu, Nepal, in 2018

 

SALIENT FACTS ON BIMSTEC ENERGY COOPERATION

BIMSTEC Energy Centre (BEC)
On 22 January 2011, the Member States signed the Memorandum of Association (MoA) for the Establishment of the BIMSTEC Energy Centre (BEC) in Bengaluru, India. However, the BIMSTEC Energy Centre has not yet been operationalized. Currently, the Member States are trying to develop a set of rules to govern the structure, functioning, financing and reporting of all BIMSTEC centers/entities including BIMSTEC Energy Centre.

MoU for Establishment of the BIMSTEC Grid Interconnection
The Memorandum of Understanding (MoU) for Establishment of the BIMSTEC Grid Interconnection was signed on 31 August 2018 at the Fourth BIMSTEC Summit held in Kathmandu, Nepal. The MoU has entered into force on 07 April 2019.

BIMSTEC Grid Interconnection Master Plan Study
The Joint Ministerial Statement adopted at the Second BIMSTEC Energy Ministerial Meeting (2nd BEMM) held in Bangkok, Thailand on 05 March 2010 decided to commence a BIMSTEC Grid Interconnection Master Plan Study. Currently, the Secretariat is in contact with the development partners including the Asian Development Bank (ADB) to undertake this Study.

(Last updated on 18 August 2019 )