Kathmandu, Sept 23 : Union Minister of State for Commerce and Power Jairam Ramesh has called for the creation of a new architecture of bilateral cooperation whose distinctiveness would be synergy through energy.
Addressing the Power Summit 2008 here today, he said that trade in electricity will bring considerable financial benefits to India’s neighbours.
Referring to the Nepal Prime Minister Prachanda’s recent visit to India during which he unveiled his vision of Nepal developing 10,000 Mw of its hydel power potential over the next ten years, her pointed out that there will be need for new markets to be developed for the export of the power generated and clearly India is one such market.