The ERD preparatory work now under way will determine how forcefully Bangladesh presses its own priorities when the two sides sit down later this year.
As global energy markets evolve and climate commitments intensify, Sri Lanka’s private sector is clear: delaying the transition carries unacceptable economic and security risks.
India’s electricity sector has witnessed an unprecedented spike in consumption, driven by an intense and prolonged heatwave that gripped much of the country in May 2026.
The report comes as India is in the grip of a escalating heat crisis and heatwaves are becoming more frequent, intense, and deadly, threatening lives, livelihoods, public health, agriculture, and economic productivity.
As Karachi battles these shortages, the episode serves as a stark reminder of the fragility of urban infrastructure in rapidly growing megacities facing governance and maintenance challenges.
This development comes amid India’s push for energy independence and climate leadership. The country aims to produce 5 million metric tonnes of green hydrogen annually by 2030.
The Asian Development Bank (ADB) has approved a $126.42 million loan along with $1 million in technical assistance to promote sustainable and climate-resilient tourism in Uttarakhand’s Tehri Lake area, one of the state’s most vulnerable and economically disadvantaged regions.