Global Gateway: The European Union launches new project on regional energy connectivity in South Asia
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Today, the European Union (EU) together with partners launched an energy connectivity project in South Asia. This €5 million EU-funded initiative aims at supporting a more connected regional power market that delivers affordable, clean and reliable electricity to people in Bangladesh, Bhutan, India, Nepal, and Sri Lanka. Enhanced regional energy connectivity will strengthen energy security, create jobs and enhance economic growth in the region, in line with the EU’s Global Gateway investment strategy.
European Commissioner for International Partnerships, Jozef Síkela, stated: “Energy connectivity powers our economies and daily lives. With the launch of this Global Gateway flagship, the European Union is investing in cheaper, cleaner, and more reliable electricity that will strengthen resilience and unlock many opportunities for communities and businesses in South Asia. It shows that the partnership between the European Union and South Asian countries is growing stronger.”
A keynote presentation on “Energy Connectivity in Europe – Governance, Experience and Lessons Learned” highlighted how Europe has developed interconnected electricity markets through coordinated transmission planning, common regulatory frameworks, market coupling mechanisms, and strong institutional cooperation. Participants discussed how key lessons—including transparent market rules, independent regulation, regional planning, and coordinated grid investments—could be contextualised to South Asia's unique context.
Source: Autonoma Privada Por Excelencia