AsiaElec - Asia Power
Gunvor and Pakistan reach settlement on contracted cargoes
Swiss-based commodities trader Gunvor has settled its dispute with state-run Pakistan LNG concerning contracted LNG cargo deliveries, the company revealed.
Indian Oil Corporation and Panasonic Energy form joint venture for lithium-ion battery production in India
Indian Oil Corporation Limited and Panasonic Energy Company Limited have inked a binding term sheet to outline the framework for establishing a joint venture focused on manufacturing cylindrical lithium-ion cells in India
Indonesian petrochemical megaproject faces stalling risk amid gas pricing concerns
The Indonesian Olefin, Aromatic, and Plastic Industry Association have issued a warning signalling the potential stall of a petrochemical megaproject, emphasising that the national GDP contribution of $2.8bn per year could be jeopardised
Tsingshan Group's battery unit to construct factory in Indonesia
Tsingshan Holding Group Co.'s subsidiary, the leading global nickel producer, has unveiled plans to establish a battery factory in Indonesia, marking China's latest endeavour to enhance the Southeast Asian nation's economy
Australia unveils watered-down draft fuel efficiency standards
Australia’s Albanese government has unveiled watered-down draft legislation on fuel efficiency standards for new passenger and light commercial vehicles.
Indonesia’s PT RMK Energy forms coal trading collaboration with PT Atlas Resource to boost operational performance
Bangladesh extends electricity procurement timeline for gas-based power plants
The Cabinet Committee on Government Purchase has decided to extend the timeframe for procuring electricity from three gas-based power plants operated by Summit Power Limited by an additional five years
Indonesia and US forge clean energy partnership, aim for renewable energy goals
The Indonesian government, in collaboration with the Ministry of Energy and Mineral Resources, has signed a Memorandum of Understanding with the United States, establishing the Clean Energy Working Group Indonesia-US
State-owned PT Antam aims for battery ecosystem advancement with industrial park construction by 2025
PT Aneka Tambang, a state-owned nickel and gold mining firm, is gearing up for the establishment of an industrial park dedicated to battery ecosystem development
Denmark's CIP and COP propose $1.3bn offshore wind energy investment in Bangladesh
Danish firms Copenhagen Infrastructure Partners and Copenhagen Offshore Partners have presented a $1.3bn investment proposition to the government of Bangladesh, aiming to generate 500 megawatts of offshore wind energy
Western Australia ponders uranium mining restart
A 12-month inquiry by Western Australia's Chamber of Commerce and Industry (CCIWA) has revealed that restarting uranium mining in the region could potentially generate up to 9,000 jobs and yield uranium valued at over AUD1bn annually.
Bangladesh's energy sector receives $1.4bn boost from International Islamic Trade Finance Corp
Bangladesh's energy infrastructure is set for significant advancement following the announcement by the Jeddah-based International Islamic Trade Finance Corp. to inject $1.4bn into the country's economy.
PTT eyes methanol production from captured carbon dioxide in Net Zero push
PTT Public Company Limited is exploring the feasibility of producing methanol from captured carbon dioxide in collaboration with German engineering giant Thyssenkrupp
India’s eighth LNG terminal set to commence operations
India’s Gujarat State Petroleum Corp. has issued a tender for a commissioning cargo for delivery in April for the Chhara LNG import terminal
PT PLN collaborates with China Energy Group on green energy project in Sulawesi
PT PLN, operating through its sub-holding PLN Indonesia Power, recently inked a Joint Development Study Agreement with China Energy Engineering Group Co., Ltd to spearhead a transformative green energy project in Sulawesi
China contributes to clean energy in Bangladesh through Cox's Bazar wind power plant
With the installation of the final wind-powered generator, the Cox's Bazar wind power plant, the first centralised wind power project in Bangladesh invested in and built by Chinese companies, became fully operational on March 24
Indian energy company JSW Renewable Energy acquires 45-MW wind power project
JSW Renewable Energy, a subsidiary under the umbrella of the Indian energy conglomerate JSW Energy, has unveiled its latest strategic move by securing the purchase of a 45-MW wind power project from Reliance Power
KN Van Ninh Solar Power sees modest profit improvement despite rising debt burden
KN Van Ninh Solar Power Investment and Development Company Limited reported a slightly improved financial performance in 2023
India and Bhutan strengthen clean energy partnership during Prime Minister Narendra Modi's visit
During Prime Minister Narendra Modi's visit to Bhutan, both countries agreed to expand their collaboration in clean energy, particularly in hydropower, solar, and green hydrogen sectors
PTT accelerates EV push amidst fierce Chinese competition
PTT Public Company Limited, Thailand's state-owned energy giant, is accelerating its electric vehicle ambitions with an investment plan of THB20-30bn for 2024
Vietnam eyes flexible power plant in Ninh Binh with Wartsila
Vietnam's Power Generation Corporation 3 and Ninh Binh Thermal Power Joint Stock Company are exploring the development of a 1,200-MW flexible power plant in Ninh Binh province
Schneider Electric to invest $427mn in India to establish manufacturing hub
Schneider Electric, a leading global player in energy management and automation, has announced plans to invest $427mn by 2026 to establish India as its manufacturing hub
Da Lat nuclear reactor: 40 years of safe operation and scientific contribution
Vietnam's Da Lat Nuclear Reactor, Southeast Asia's first, recently celebrated its 40th anniversary of revived operation
Cambodia strengthens energy ties with Laos through new deals
Cambodia and Laos have taken a significant step towards bolstering their energy cooperation, signing a series of agreements and memoranda of understanding during a recent visit by Cambodian Prime Minister Hun Sen to Laos
NTT inks far-reaching solar power deal in Japan
Japan's premier telecommunications provider, NTT, has sealed a significant Power Purchase Agreement for solar energy procurement within the country
South Korea moves closer towards advanced nuclear reactors
The South Korean Ministry of Science & ICT has agreed a memorandum of understanding with eight domestic firms to work together on developing a next-generation nuclear reactor
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