The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for signing of "SAARC Framework Agreement for Energy Cooperation (Electricity)" among the SAARC Member States during the forthcoming 18th SAARC Summit scheduled to be held at Kathmandu, Nepal on 26-27 November, 2014.
The Agreement will enable greater cooperation in the power sector among SAARC countries. The Agreement is expected to improve the power availability in the entire SAARC region. It would facilitate integrated operation of the regional power grid.