Deputy Prime Minister and Minister of Energy Transition and Water Transformation Datuk Seri Fadillah Yusof . — Bernama
KUALA LUMPUR: The Asian Development Bank (ADB) and the World Bank Group, in partnership with Asean, yesterday launched the Asean Power Grid (APG) financing initiative to support the development and integration of national power grids across the region.
Bernama reported ADB South Asia Development director-general Winfried F. Wicklein saying the bank has committed US$10bil to finance Asean grids linked to the APG, alongside clean energy generation projects and preparatory support such as loans, grants, technical assistance, and blended financing.
