The Asian Development Bank (ADB) has launched the Regional Connectivity Fund for Energy in Southeast Asia with around $25 million to prepare ASEAN Power Grid projects.
The Asian Development Bank announced the launch of the Regional Connectivity Fund for Energy in Southeast Asia to support cross-border energy infrastructure projects. Funded by partners including Australia, Canada, the EU, Germany, and the UK, the fund starts with approximately $25 million. It targets early-stage development, including feasibility studies, design, and regulatory frameworks for the ASEAN Power Grid integration by 2045.
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