Funding hurdles hit ASEAN Power GridThe Fitch Solutions unit said financing would continue to be the “primary bottleneck” for the ASEAN Power Grid (APG), with strong government support required to unlock the necessary capital. MANILA, Philippines — Despite growing momentum, ASEAN’s multibillion-dollar plan to link the power transmission networks of its member countries by 2045 still faces major financial challenges, research and analysis firm BMI said. The Fitch Solutions unit said financing would continue to be the “primary bottleneck” for the ASEAN Power Grid (APG), with strong government support required to unlock the necessary capital. Amid rising electricity demand, APG aims to strengthen energy security in the region by enabling cross-border power trading. Even so, BMI noted that the funding still falls far short of the estimated $100 billion needed by 2045 for transmission infrastructure alone.
Source: Philippine Star March 07, 2026 16:29 UTC