Press Information Bureau

Government of India

Ministry of Commerce & Industry

09-May-2012 17:06 IST

Export of Power and Petroleum Products to Pakistan

Bilateral discussions between the leaders of India and Pakistan have stressed on the need to tap into the considerable potential of bilateral economic and trade ties, for mutual progress and prosperity. The way forward has been identified, including possibilities of trade in power and petroleum products. Joint Working Groups have been set up for progressing trade in power and petroleum products.

Trade in petroleum products is ongoing between both countries. Trade in power would first require the building of transmission connectivity. No decision has been taken for such transmission corridor.

This information was given by Shri Jyotiraditya M. Scindia , Minister of State for Commerce & Industry in written reply to a question in Rajya Sabha today.

DS/GK

Energy trade prospects: petroleum exchanges continue while power trade awaits transmission connectivity and intergovernmental decisions. Bilateral engagement identified prospects for trade in petroleum products and potential trade in power, with joint working groups constituted to examine modalities. Petroleum trade is ongoing under current arrangements, while power trade is contingent on establishing transmission connectivity and no decision has been taken to create a transmission corridor.