Regional #energy trade to bridge demand-supply gap The Express - TopicsExpress



          

Regional #energy trade to bridge demand-supply gap The Express Tribune Monday, 18th Nov 2013 Raja Taimur Hassan In the past two decades, there has been a remarkable increase in the demand for energy in South Asia, leading to a huge deficit in power supply. A majority of the population in South Asian countries, particularly in #Pakistan, #Afghanistan and #India, is living without an easy access to electricity. Energy is the fuel for #economicgrowth and an essential requirement for social development. However, its persistent shortage has been a major factor in restricting the growth of the region. Economies of Pakistan and India have grown at the rate of 3.6% (2012-13) and 5% (2012-13) respectively. Afghanistan’s economic growth is expected to slow down sharply to 3.1% this year and 3.5% in 2014 compared to 14.4% in 2012 due to scheduled pullout of foreign forces and squeezed foreign aid, revealed a World Bank report. Sustainable Development Policy Institute (SDPI) Express Tribune sdpi.org/media/media_details1443-article-2013.html
Posted on: Tue, 19 Nov 2013 04:33:11 +0000

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