ASEAN vows to do more to build regional power grid

Published onMay 31, 2018

More work is needed for ASEAN’s power grid to be connected to enhance cross-border electricity trade, officials and experts from energy sectors have agreed here at the ASEAN Power Grid Summit held from Monday to Wednesday. In his opening remarks at the summit on Monday, Lao Minister of Energy and Mines Khammany Inthirath referred to the ASEAN Vision 2020, in which leaders of the Association of Southeast Asian Nations (ASEAN) leaders gave importance to efficient, reliable and resilient electricity infrastructure to meet growing demand, and the potential advantages of an integrated system.

…he also referred to an assessment by the ASEAN Center for Energy, which noted that 100 billion U.S. dollars was required for ASEAN to meet the increasing demand for electricity and some 7 billion U.S. dollars for gas pipeline networks.This required increasing regional governmental support and greater participation by the private sector to ensure that proposed projects were commercially realistic and financially viable.

Source: http://www.xinhuanet.com/english/2018-05/23/c_137199835.htm