Background

Over the last two decades South Asia has been one of the fastest growing regions in the world, with an average annual growth rate of 6% as measured by GDP per capita. Yet despite this impressive macroeconomic growth, the energy sector in the region has not been able to keep pace, and continues to experience chronic problems of shortage of supply and poor quality of service. South Asia’s energy security dilemma is one of the signal energy development challenges of the 21st century critical to the economic future of almost 1.5 billion people and the political future of one of the world’s most volatile regions. Given this dilemma the only long-term solution...

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