ASEAN Power Grid plan project could be completed around 2034, marking a new milestone in cross-border energy trade.

Published: Mar 26, 2026 18:05
At a February 5 forum in Kuala Lumpur, leaders highlighted progress on Southeast Asia’s interconnected power grid. The Vietnam–Malaysia–Singapore (VMS) project, is a major step toward the ASEAN Power Grid and is expected to reach 2,000 MW.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Analysis] This Week's Hydrometallurgy Recycling Market: Lithium Chemicals Prices Began to Rise, and Market Transactions Were Mediocre (2026.3.23-2026.3.26)
1 hour ago
[SMM Analysis] This Week's Hydrometallurgy Recycling Market: Lithium Chemicals Prices Began to Rise, and Market Transactions Were Mediocre (2026.3.23-2026.3.26)
Read More
[SMM Analysis] This Week's Hydrometallurgy Recycling Market: Lithium Chemicals Prices Began to Rise, and Market Transactions Were Mediocre (2026.3.23-2026.3.26)
[SMM Analysis] This Week's Hydrometallurgy Recycling Market: Lithium Chemicals Prices Began to Rise, and Market Transactions Were Mediocre (2026.3.23-2026.3.26)
Raw material side, spot lithium carbonate prices began to rise this week, while cobalt sulphate and nickel sulphate prices remained temporarily stable.
1 hour ago
Weekly Review of the Lithium Carbonate Market: Spot Lithium Carbonate Fluctuated Upward on 3.23-3.26 [SMM Weekly Review]
2 hours ago
Weekly Review of the Lithium Carbonate Market: Spot Lithium Carbonate Fluctuated Upward on 3.23-3.26 [SMM Weekly Review]
Read More
Weekly Review of the Lithium Carbonate Market: Spot Lithium Carbonate Fluctuated Upward on 3.23-3.26 [SMM Weekly Review]
Weekly Review of the Lithium Carbonate Market: Spot Lithium Carbonate Fluctuated Upward on 3.23-3.26 [SMM Weekly Review]
Spot Lithium Carbonate Fluctuated Upward on 3.23-3.26.
2 hours ago
L&F to Accelerate Mid- to Long-Term Growth with Dual NCM–LFP Strategy
2 hours ago
L&F to Accelerate Mid- to Long-Term Growth with Dual NCM–LFP Strategy
Read More
L&F to Accelerate Mid- to Long-Term Growth with Dual NCM–LFP Strategy
L&F to Accelerate Mid- to Long-Term Growth with Dual NCM–LFP Strategy
L&F announced that it will accelerate mid- to long-term growth through a dual-track strategy focusing on NCM (nickel-cobalt-manganese) and LFP (lithium iron phosphate) cathode materials. In the NCM segment, the company plans to expand shipments of 46-series batteries and strengthen its presence in North America, leveraging its exclusive supply position for ultra-high nickel NCMA95, which recorded its highest-ever sales volume. It also aims to drive both volume growth and profitability improvements through higher utilization rates. In the LFP business, L&F will expand applications beyond energy storage systems (ESS) into electric vehicles and AI data centers, while reinforcing its long-term growth foundation through capacity expansion based on secured demand from multiple customers.
2 hours ago