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Greater cooperation amongst South Asian countries is the best bet for addressing the growing regional energy deficit, Minister of State for Power, Mr K.C. Venugopal, said here.
Delivering the keynote address at an industry conference here, he emphasised the need to integrate the entire region by a robust power grid for exchange of electricity since none of the South Asian nations is in a position to meet its energy needs entirely from domestic resources. Encouraging large-scale trading of power will bring in the requisite market mechanism to utilise the valuable resources of one country at the most optimal cost for another country in the region, he said.
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