AsiaElec - Asia Power

Singapore electric two-wheeler firms pivot to ASEAN markets as domestic adoption lags

Sri Lanka electricity tariffs face fresh pressure as CPC raises fuel prices

Sri Lanka’s electricity consumers could face another tariff increase after the Ceylon Petroleum Corporation (CPC) raised the prices of naphtha and heavy fuel oil (HFO) by around 20% and stopped sales of subsidised fuel to the power sector.

Laos signs $203mn deal for 330-MW coal plant

Laos has signed a $202.95mn agreement to build a 330MW coal-fired power plant in Xieng Khouang Province, with completion targeted for 2029.

Bangladesh targets 3,000 MW of solar capacity before next summer

Bangladesh expects to add at least 3,000 MW of solar power generation capacity before next summer as the government steps up efforts to address electricity shortages.

Pakistan’s Nepra unveils new performance framework for power distributors

Pakistan’s National Electric Power Regulatory Authority (Nepra) has introduced a new regulatory framework for electricity distribution companies, replacing performance rules that have been in force for nearly 20 years.

Envision Energy sets up Philippine wind supply hub

Chinese green technology firm Envision Energy opened a 1,500-square-metre national distribution centre in Batangas.

Nestlé India buys stake in solar power firm

Nestlé India Limited (BSE:500790) (NSE:NESTLEIND) is expanding its renewable energy footprint, as Indian consumer goods manufacturers increasingly turn to captive power arrangements to cut reliance on conventional grid electricity.

India must mobilise domestic capital to fund clean-energy investment

India will need to mobilise a significant share of funding from domestic financial institutions, capital markets, insurance funds, infrastructure investors and private capital to achieve its target of 500 GW of non-fossil-fuel capacity by 2030

PTTEP signs 35-year gas deal for Thai-Malaysia JDA block

A Thai company has secured a 35-year deal covering gas exploration and production in the Malaysia-Thailand Joint Development Area (JDA).

Malaysian offshore vessel operator Keyfield International acquires distressed mega-dredger for $24.7mn

Accelerating its long-term strategic pivot to diversify earnings beyond oil and gas support services, offshore vessel operator Keyfield International Berhad (KLSE: KEYFIELD) is expanding into regional dredging and marine civil engineering.

Sri Lanka to roll out smart meters in grid upgrade

Sri Lanka's government plans to install 300,000 smart meters with variable rate pricing over a two-year period.

Myanmar firms join forces for 200-MW solar project

Myanmar Thilawa SEZ Holdings Public Co Ltd (MTSH) is partnering with GCL System Integration Technology Co Ltd (GCLSI) to develop a 200-megawatt solar power project in Myanmar.

Adani Energy wins Maharashtra transmission project to evacuate 4.5-GW renewable power

Adani Energy Solutions (AESL) (NSE: ADANIENSOL) has won a transmission project in Maharashtra to evacuate renewable energy generated in Karnataka to major load centres in the state, with an estimated capital expenditure of INR47bn ($490mn).

Indonesian President Prabowo launches 14 solar power projects worth $7.62bn

Accelerating the decarbonisation of Southeast Asia’s largest economy, the Indonesian government has officially launched the first operational phase of its utility-scale solar programme

Philippine Raslag profit hits $3.5mn on capacity expansion

Philippine power developer Raslag Corp (ASLAG.PS) reported net profit of PHP219mn ($3.5mn) for the first half of 2026, up from PHP48.3mn a year earlier, as the company pushes to expand its generation capacity to 1,000MW by 2035.

Indonesia's 100 GWp solar programme targets $64.4mn investment

Laying out the financial and infrastructure parameters of Indonesia's renewable energy transition, the Ministry of Energy and Mineral Resources (ESDM) has detailed the capital requirements for its clean energy expansion

Myanmar SMR project could begin site work in 2027

Myanmar’s planned small modular reactor (SMR) project could move to site work next year, with Russia’s Rosatom preparing to begin initial engineering studies.

Thailand considers private investment in small nuclear reactors

Thailand could open the door to private investment in small modular reactors (SMRs) as it prepares its next Power Development Plan (PDP).

Korea and Vietnam seek deeper energy cooperation

South Korea and Vietnam are exploring closer energy ties as the Middle East conflict disrupts global oil supplies.

India clears Yancoal's full acquisition of Kestrel Coal Group

The Competition Commission of India (CCI) has approved Yancoal Australia Limited's (ASX:YAL) acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd.

Sri Lanka plans battery storage, solar projects to strengthen power security

Sri Lanka is stepping up efforts to strengthen electricity supply as dry weather conditions raise concerns over potential pressure on the country’s power system.

Suzlon secures 250-MW wind order from Torrent Green Energy in India

Suzlon Energy (NSE: SUZLON) has secured a 250-MW wind power order from Torrent Green Energy, taking its cumulative partnership with the Torrent Group to more than 1.3 GW.

Mongolian coal output slips 4.6% m/m but soars 49% y/y

Mongolia's production of coal slipped 4.6% to 11.17mn tonnes in July from June's 11.71mn tonnes, but was up by a chunky 49% y/y, according to the country’s National Statistical Office (NSO).

China electric vehicle charging points surge 41.9%

China added millions of electric vehicle power points to its national grid in the first seven months of the year, bringing the total count to 23.68mn by the end of July.

Philippines seeks $100mn ADB loan for solar irrigation

The Philippines is seeking a $100mn loan from the Asian Development Bank (ADB) to build solar-powered irrigation systems across the country, according to bank documents.

Papua LNG on track for FID by end of year

Papua New Guinea’s Papua LNG project is on schedule for a final investment decision to be taken before the end of 2026.

South Korea’s Hanwha Aerospace expands US LNG operations

South Korean defence group Hanwha Aerospace Co. (012450.KS) will establish a US subsidiary to manage its liquefied natural gas (LNG) operations as it builds out its global energy supply chain, the company announced on August 25.

Gladstone LNG partners acquire Australia’s Meridian Coal Seam Gas project

Gladstone LNG joint venture partners have agreed to acquire the Greater Meridian Coal Seam Gas project from from Westside Corporation and Mitsui E&P Australia.

China’s clean-energy boom runs into the limits of its power grid

China rejected an estimated 360 terawatt-hours of clean power in the six months through June, enough to supply Mexico for a year.

Talabira II & III coal mine strengthens India’s energy security with record production

India’s efforts to strengthen domestic coal production and energy security are being reinforced through coal mines allocated and auctioned under the Nominated Authority framework, the government said.

Laos pushes new electricity law for energy transition

Laos is preparing to overhaul its electricity law as it seeks a cleaner, more modern and diversified energy system.

Thailand’s GULF secures $262mn financing for wind farms

GULF has secured more than $262mn in long-term financing to develop three wind farms in Thailand, strengthening its renewable energy portfolio.

Myanmar’s Sittway deploys diesel generators for power

Diesel generators are being deployed in Sittway to help restore electricity to urban neighbourhoods as quickly as possible.

Chinese-backed 200-MW solar plant to power Cambodia

A Chinese-backed 200-MW solar project in Stung Treng is expected to start supplying Cambodia’s national grid in 2027.