The Price of Power: The political economy of electricity trade and hydropower development in eastern South Asia

Summary

This article frames the political economy of electricity trade and hydropower development in eastern South Asia. It distils and analyzes four crucial variables in this regard: the health of distribution companies in India; the role of hydropower in India’s ambitious turn to renewable energy; Bangladesh’s power crisis and import dependency; and the governance of regional electricity trading arrangements. It argues that progress in both electricity trade and hydropower development in the region will be incremental in the next decade, hindered by mixed demand signals and the turbulence of geopolitics.