AsiaElec - Asia Power
Indonesia advances solar panel ecosystem, unveils decarbonisation plans
The Coordinating Ministry for Maritime Affairs and Investment has unveiled Indonesia's strides in establishing a solar panel ecosystem, from upstream to downstream phases, aimed at enhancing the nation's renewable energy sector
JSW Energy raises $50bn through QIP, securing investment from Abu Dhabi investment authority
JSW Energy Limited has accomplished a milestone by raising $50bn through a Qualified Institutions Placement, as confirmed in a regulatory filing on April 5,
Bangladesh and Rosatom discuss potential expansion of nuclear power projects at Rooppur
During a meeting with Rosatom Director General Alexei Likhachev, Bangladesh Prime Minister Sheikh Hasina expressed interest in expanding nuclear power capacity at the Rooppur Nuclear Power Plant
India’s Adani Group investment aims to revolutionise energy sector
The Adani Group is poised to revolutionise India's energy landscape with an investment of $27.6bn towards renewable energy expansion and manufacturing capacities by 2030
Turkmenistan and Pakistan reaffirm commitment to TAPI gas pipeline project
Turkmenistan and Pakistan have reiterated their dedication to expediting the completion of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project
Jawa-1 gas steam power plant marks Indonesia's energy transition progress
The Jawa-1 Gas Steam Power Plant, boasting a capacity of 1760 MW, stands poised to operate at full capacity following a rigorous testing phase encompassing plant reliability runs and net dependable capacity tests
Indonesia’s Pertamina prioritises Balikpapan refinery development master plan completion
State-owned oil and gas company Pertamina is working towards the finalisation of the Balikpapan Refinery Development Master Plan focusing on its Turn Around Revamp program, which is slated for completion in early May 2024.
Harita Nickel's renewable energy initiative plans for 300-MW solar power plant unveiled
Trimegah Bangun Persada, operating under the name Harita Nickel, has disclosed plans to construct a substantial 300-MW solar power plant within its nickel processing hub on Obi Island, situated in South Halmahera, North Maluku
Indonesian company Chandra Asri Group and Perum Jasa Tirta II forge partnership for green energy initiative
PT Chandra Asri Pacific Tbk (Chandra Asri Group) has entered into a memorandum of understanding (MoU) with the state-owned water firm Perum Jasa Tirta II (PJT II) for green energy initiatives
Study advocates nuclear energy investment for India's development and net zero goals
A recent study conducted by academics at the Indian Institute of Management, Ahmedabad, highlights the crucial role of nuclear energy investments in India's journey towards becoming a developed country by 2047
Bangladesh's energy sector shifts from tariff adjustments to rooftop solar opportunities
The Bangladesh government's recent decision to hike power tariffs for all consumer categories reflects a strategic move to address the imbalance between power generation costs and corresponding revenue
Demand increase sees Bangladeshi government ready to purchase 24 LNG cargoes from Singapore
China’s Goldwind retains turbine supplier lead, global wind additions hit new high
Global wind capacity additions hit a new high of 118 GW in 2023, said BloombergNEF. Around 107 GW, or 90%, of global wind additions were on land, with 11 GW offshore, said BNEF.
Nuclear fusion advances again, this time in South Korea
Another record has been set in nuclear fusion, for the time an ‘artificial sun’ was at 100mn degrees Celsius for 48 seconds. That temperature is seven times hotter that the core of the sun.
Japanese companies line up to store carbon in Malaysia
More Japanese companies are preparing plans to export their CO2 emissions to Malaysia to deliver on their net-zero goals, reaching a raft of carbon capture and storage study agreements in the southeast Asian country.
Pertamina Patra Niaga expands petrochemical portfolio with methanol ventures
PT Pertamina Patra Niaga, a subsidiary of the state-owned energy behemoth Pertamina, is embarking on a diversification of its portfolio, venturing into methanol products
Indonesia’s Ministry of Energy and Mineral Resources initiates reauction of eight mineral and coal mining blocks
The Ministry of Energy and Mineral Resources, in collaboration with the Directorate General of Mineral and Coal, is launching a strategic initiative to reauction eight areas of mineral and coal mining business licences
Chinese solar firms power up Vietnam's renewable energy ambitions
Vietnam's renewable energy sector is attracting significant investments from Chinese companies,
Chinese power firm GCL pivots to LNG
Private Chinese power company GCL Holdings is shifting its focus from solar power to LNG.
Vietnam secures Mitsui investment in the Block B gas-to-power project
Japan’s Mitsui Oil Exploration Company Ltd (MOECO) has agreed to invest in the Block B Project in southern Vietnam that entails developing an offshore gas field and linking it by pipeline to a gas-fired power plant complex, costing around $740mn.
Nexif Ratch prepares to assess wind power potential in Vietnam's Binh Dinh Province
Singaporean-Thai joint venture Nexif Ratch Energy Group is inching closer to developing a 150-MW wind farm in Vietnam's central province of Binh Dinh
PLN EPI and Indokorea gas consortium forge alliance to revolutionise Indonesia's energy sector
PT PLN Energi Primer Indonesia has embarked on a journey to reshape Indonesia's energy landscape, focusing on the development of midstream liquefied natural gas infrastructure in the Nusa Tenggara region
Indonesia invites global collaboration for 4th generation nuclear reactor development
The Indonesian National Research and Innovation Agency has extended invitations to global nuclear industry stakeholders to collaborate on developing 4th Generation nuclear reactors in Indonesia
JBIC funds to help bolster Japan’s LNG supply
Indian refiner IOC boosts investment in Chennai Refinery project amid cost escalation
Indian Oil Corporation, a state-controlled refiner, has announced a significant increase in the cost of constructing a refinery in Chennai, located in the southern state of Tamil Nadu.
India's power consumption growth slows to 1.4% in March, pleasant weather cited
According to government data, India's power consumption growth remained subdued in March, registering a modest increase of 1.4% to 129.89bn units compared to the same period last year.
Litro Gas in Sri Lanka slashes prices amid strengthening rupee and efficient stock management
Litro Gas in Sri Lanka has announced price cuts for liquefied petroleum gas, attributed to a stronger rupee and improved stock management practices.
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