Hanoi, Aug. 15 -- The ASEAN Power Grid Financing Initiative (APGF) gained fresh momentum after the Asian Development Bank (ADB) and the World Bank (WB) pledged more than 12 billion USD to accelerate regional electricity connectivity and renewable energy development. The commitment was announced at the virtual Ministerial Interface Meeting on Financial Mechanisms for the ASEAN Power Grid (APG). Representatives from all 10 ASEAN members and Timor-Leste attended, with Vietnam's delegation led by Deputy Minister of Industry and Trade Nguyen Hoang Long. The APGF is designed to provide financial backing for the ASEAN Power Grid (APG), a flagship initiative under the upcoming ASEAN Plan of Action for Energy Cooperation 2026-2030. The APG aims to...