India has taken the lead in integrating the electricity grids of countries in South Asia, as in the case of European and South African nations.
The government is finalising a draft cross-border electricity trade policy to enable Indian producers seamlessly exchange power with neighbouring nations. Once finalised, it will be sent to the Union Cabinet for approval. As per the draft policy, Indian developers of overseas projects will require a one-time single-window clearance for trade of electricity between SAARC nations. Power plants of Tata Power, GMR Energy and Satluj Jal Vidyut Nigam, totalling 5,000 MW, are under construction in neighbouring countries. The policy will help Indian power plants sell excess generation to other SAARC nations.