
ADB unveils US$50bn Asia Pacific power grid plan to turn fragmented national systems into a regional clean energy market
Published on June 11, 2026
The Pan‑Asia Power Grid Initiative (PAGI) is designed to stitch together existing blocs, like the Asean Power Grid and South Asian grid projects. But civil society groups warn that the bank’s grand regional vision sits uneasily with its continued backing for fossil fuels.
