AGP Executive Report
Last update: 18 minutes agoEnergy & Investment Linkages: Morgan Stanley lifted its target on Adani Power by nearly 60%, citing a shift toward steadier PPA-linked returns and lower capex costs—while Adani’s AGM roadmap doubles down on “infrastructure + intelligence,” including a push to 45 GW power capacity and a 10 GW nuclear goal by 2035. Bhutan Energy Tie-Up: Adani also reiterated its partnership with Bhutan’s Druk Green Power Corporation to jointly develop 5,000 MW of hydropower. Power Storage Tech: Sieyuan Electric launched esGrid 3.0 BESS, pitching higher energy density and grid-forming stability for faster renewable integration. Digital Finance & Commodities: Matrixdock expanded tokenized gold XAUm onto the Stellar network, aiming to bring institutional-grade physical gold into on-chain treasuries. Bhutan Governance & Business Climate: Bhutan’s RAA audit flagged procurement and transparency issues in the BITS digital tax system, while a BCCI review says Phuentsholing and Samtse face 54 regulatory barriers hurting trade and investment. Bhutan Macro & Revenue: Budget 2026-27 projects nearly 10% growth in domestic revenue, with GST and higher hydropower-related receipts expected to drive gains. Disaster Readiness: Thimphu ran a full-scale earthquake simulation to test emergency response for a potential 7.5 quake.
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