Asian Development Bank (ADB) has committed to mobilise $30 billion for the Association of Southeast Asian Nations (ASEAN) by 2030, including $5 billion dedicated to accelerating development of the ASEAN Power Grid. ADB President Masato Kanda announced the commitment during the 48th ASEAN Summit held in Cebu on May 8, 2026, where he participated as…
India and Nepal have signed key agreements to develop high-capacity cross-border transmission corridors, strengthening electricity trade and regional energy cooperation. Power Grid Corporation of India Limited (POWERGRID) and the Nepal Electricity Authority (NEA) formalised pacts to establish two joint venture entities, one in each country, for implementing the planned projects. The agreements were signed in…
Power Grid Corporation of India Limited (PGCIL) and Nepal Electricity Authority (NEA) signed a Memorandum of Understanding (MoU) on April 22, 2025, to jointly develop two double circuit (DC) cross-border transmission lines. The planned transmission lines are: 400 kV Inaruwa (Nepal) – New Purnea (India) 400 kV Dododhara (Nepal) – Bareilly (India) Under the MoU,…