KUALA LUMPUR, MALAYSIA (15 October 2025) – The Asian Development Bank (ADB), the World Bank Group, and the Association of Southeast Asian Nations (ASEAN) have launched a new financing initiative to support the ASEAN Power Grid (APG) – ASEAN's collective effort to connect the. KUALA LUMPUR, MALAYSIA (15 October 2025) – The Asian Development Bank (ADB), the World Bank Group, and the Association of Southeast Asian Nations (ASEAN) have launched a new financing initiative to support the ASEAN Power Grid (APG) – ASEAN's collective effort to connect the. The ASEAN Interconnection Masterplan Study III, hereinafter referred to as AIMS III, is a flagship study by the ASEAN Centre for Energy (ACE) and Heads of ASEAN Power Utilities/Authorities (HAPUA) under the direction of the ASEAN Ministers on Energy Meeting (AMEM) to explore the viability of. The ASEAN Interconnection Masterplan Study (AIMS) III Phase 3 Report on ASEAN-wide Integrated Resource and Resilience Planning (IRRP) introduces a comprehensive framework designed to evolve traditional energy planning into a more adaptive and forward-looking regional strategy. The Meeting commended. Updates and milestones of the Lao PDR, Thailand, Malaysia, Singapore – Power Interconnection Project (LTMS-PIP) and the Brunei Darussalam, Indonesia, Malaysia, Philippines – PIP (BIMP-PIP). The ASEAN Power Grid (APG) plays a critical role in accelerating the region's renewable energy transition. 6 per cent annually between 2023 and 2050, translating into a cumulative gain of US$4.