AsiaElec - Asia Power
Global energy demand doubled in 2024 driven by extreme temperatures, but renewables covered 80% of the increase, says IEA
Global energy demand growth surged in 2024 to almost twice its recent average, driven by rapidly rising electricity use, the International Energy Agency said in its global energy review 2025 report on March 23.
OGDCL discovers gas and condensate in Pakistan's Punjab
Pakistani oil and gas explorer OGDCL has discovered gas and condensate at Soghri North-1 well in Soghri block in Attock district of Punjab, the company said in a press release.
GSPL commissions gas pipeline linking HPCL’s Chhara LNG terminal to Indian grid
Gujarat State Petronet Limited (GSPL) on March 20 commissioned a natural gas pipeline connecting HPCL’s greenfield 5mn tonnes per annum (mtpa) LNG regasification terminal at Chhara in the Gir-Somnath district in Gujarat with the gas grid
Mitsubishi Motors turns to Foxconn for EV production
Mitsubishi Motors is set to collaborate with Foxconn, formally known as Hon Hai Precision Industry, to manufacture its electric vehicles in a bid to lower production expenses
Indian coal output tops 1bn tonnes
India’s coal production crossed 1bn tonnes on March 20, 2025, in the fiscal year 2024-25, the government said in a press release.
Indonesia strengthens clean energy and EV collaboration with South Korea
Indonesia is deepening its partnership with South Korea in the clean energy and electric vehicle (EV) industries to support its goal of cutting greenhouse gas emissions by 31.89% by 2030.
Indonesian natural gas company PGN expands natural gas infrastructure to boost Central Java’s industrial growth
State-owned gas distributor PT Perusahaan Gas Negara (PGN) is advancing plans to supply natural gas and develop infrastructure for the Jatengland Industrial Area in Central Java
Philippines expands renewable energy with Green Energy Auction 4
The Philippines’ Department of Energy (DOE) has announced the latest round of its Green Energy Auction (GEA-4), aiming to introduce 9,378 MW of additional renewable energy capacity.
Robots to remove radioactive sandbags from Fukushima plant
Robots are set to commence the removal of sandbags that absorbed radiation-contaminated water following the 2011 Fukushima nuclear disaster, according to the plant operator.
Dhaka plans to secure $350mn loan to finance LNG purchases
Bangladesh is looking to secure a $350mn loan with the support from World Bank to finance the purchase of LNG in FY2025-26, which has been hampered due to dollar shortage in the country
Sri Lanka unveils five-year renewable energy development plan
Sri Lanka has launched a five-year renewable energy development plan - Green Energy Acceleration Plan 2025-2030.
HSBC to disburse $5.3bn in green finance for Vietnam
HSBC has disbursed over $2.5bn in green finance in Vietnam, with an additional $5.3bn “already in the pipeline,” Deputy Minister of Industry and Trade Nguyen Hoang Long said.
Thailand looks to ASEAN Power Grid for renewable energy expansion
Thailand aims to generate 50% of its electricity from renewable sources by 2037 under its newly draughted Power Development Plan 2024 (PDP2024).
ASEAN moves toward unified EV standards
Southeast Asian nations are working on a standardised electric vehicle (EV) policy to support regional sustainability efforts and accelerate the shift to clean energy
South Korea’s OCI expands US solar cell production
OCI Holdings is set to expand its American solar value chain by constructing a solar cell manufacturing facility at its subsidiary, Mission Solar Energy, in Texas.
Honda to source hybrid car batteries from Toyota’s US facility
Honda Motor Co. is set to acquire hybrid vehicle batteries from Toyota’s manufacturing plant in North Carolina, aiming to adjust its supply network in response to potential US tariffs.
India boosts energy, mobility infrastructure in western Himalayas
The union territory of Ladakh holds immense strategic and geopolitical importance for India as it borders China and Pakistan.
Philippines launches fourth green energy auction with expanded capacity
The Philippines’ Department of Energy has outlined the guidelines for the fourth green energy auction, targeting the addition of 9,378 MW of renewable energy capacity.
Taiwan awards $810m LNG terminal expansion deal
Taiwan’s state-owned energy giant, CPC Corporation, has awarded an $810mn engineering, procurement, and construction contract for the expansion of its Kaohsiung LNG terminal in the south of the country.
Samaiden & Unique Fire ink solar agreements in Malaysia
Samaiden Group Bhd and Unique Fire Holdings Bhd have formalised agreements with Tenaga Nasional Bhd (TNB) to establish large-scale solar photovoltaic (PV) facilities in Pasir Mas, Kelantan, and Hilir Perak, Perak,
Cairn Oil & Gas, 2H partner to develop offshore hydrocarbon project on India’s west coast
Indian private oil and gas company Cairn Oil & Gas, part of Vedanta Group, has signed a memorandum of understanding and master service agreement with 2H Offshore to develop an offshore hydrocarbon project off India’s west coast.
SK On secures $10bn battery supply deal with Nissan
South Korean battery manufacturer SK On has entered into a substantial agreement with Nissan, marking the first time a Japanese automaker will incorporate its batteries,
Yuchengco Group expands renewable energy with Isabela, Philippines solar farm
PetroGreen Energy Corp. (PGEC), a subsidiary of the Yuchengco Group, is making progress on its P1.9bn solar farm in San Pablo, Isabela.
Nuclear power seen as solution to Thailand's rising energy needs
Thailand's Board of Investment (BOI) has identified small modular reactors (SMRs) as a critical component in meeting the country's surging demand for clean energy over the next decade.
North India’s first nuclear project to come up in Gorakhpur in Haryana
North India’s first nuclear project is set to be established in Gorakhpur, a small town in Haryana, Union Minister Dr Jitendra Singh announced on March 19.
Green hydrogen plant at India's Kandla to be ready in July 2025
The green hydrogen plant at Deendayal Port Authority (DPA) in Kandla will be operational by July 2025, producing 18 kg of hydrogen per hour, making it India's first port-based plant using indigenous electrolysers, the government of India said
Indian group Sterlite investing $6bn into electricity grid for green hydrogen projects in Egypt
Delhi peak summer power demand may hit record this year
Delhi’s peak summer power demand is projected to cross 9 GW
Japan’s Hamaoka reactor 2 begins decommissioning
Chubu Electric Power Company has commenced the dismantling of Unit 2 at the Hamaoka nuclear power plant in Shizuoka prefecture, Japan, beginning with the removal of the pressure vessel’s upper lid.
Thailand’s BG Energy Solutions acquires K-One Energy 2 to expand renewable portfolio
BG Energy Solutions (BGE), a unit of Bangkok Glass Group, has acquired K-One Energy 2, a subsidiary of Kemrex under the Sutee Group, in a move to expand its renewable energy investments, the company said on March 18.
Prices of solar panels in Pakistan see sharp drop
Prices of solar panels in Pakistan have dropped sharply following recent amendments to the net metering policy
EIB, Cambodia’s energy ministry discuss sustainable energy plans
The European Investment Bank (EIB) will collaborate with Cambodia’s Ministry of Mines and Energy to support the country’s sustainable energy growth initiatives, the ministry said on March 18.
India API company Supriya Lifescience inaugurates 5-MWp solar power project at Maharashtra unit
Indian active pharmaceutical ingredients (API) manufacturer Supriya Lifescience has inaugurated a 5-MWp solar power facility in Nanded district, Maharashtra, the company said in a press release.
ACEN powers up Philippines with PHP660mn renewable energy investment
ACEN Corporation is reinforcing its investment portfolio by acquiring 660,000 common shares and 5.94 million redeemable preferred shares in Buendia Christiana Holdings Corporation (BCHC) for a total of PHP660mn.
Indonesia targets waste-to-energy expansion in 30 cities by 2029
Indonesia aims to develop waste-to-energy facilities in 30 major cities by 2029, targeting the generation of 20 megawatts (MW) of electricity per city, Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung announced
Japan’s Inpex announces plans for a third train at the Ichthys LNG project
Japanese energy giant Inpex has announced plans to expand its Ichthys LNG project in Australia with the addition of a third liquefaction train.
Indonesia to increase palm oil export levy to fund biodiesel expansion
Indonesia is set to raise its export levy on palm oil, adjusting the rate to between 4.5% and 10% of the crude palm oil reference price, up from the current 3% to 7.5% to support the country’s mandates expansion of biodiesel usage,
Solarvest secures $90.2mn contract for Malaysia’s largest solar project
Solarvest Holdings Bhd has clinched a MYR401mn ($90.2mn) engineering, procurement, construction, and commissioning (EPCC) contract for Tenaga Nasional Bhd’s (TNB) 500MW solar farm in Bukit Selembau, Kedah
Vietnam agrees energy deals with the US
Vietnam has stepped up efforts to strengthen its economic ties with the United States, announcing provisional agreements for imports of US energy products and a potential reduction in duties on a wide range of American goods.
Schneider Electric teams up with India's Bihar state to modernise power infrastructure
Energy automation firm Schneider Electric has partnered with South Bihar Power Distribution Company Ltd. (SBPDCL) to modernise and enhance the state’s power distribution network, the company said in a press release.
Indonesia sets 2027 target for carbon trading across nine industries
Indonesia’s Ministry of Industry has outlined plans to integrate nine key industrial sub-sectors into carbon trading by 2027
Solar-powered electric boats to begin service on Singapore river by April
Solar-powered electric boats will soon navigate the Singapore River, with the first two of 10 vessels set to enter service by April 2025
Indian coal production hits record in FY2023-24
Indian coal production in FY2023-24 was highest ever at 997.826mn tonnes, up 11.71% compared to the previous year, Union Minister of coal and mines G. Kishan Reddy said in the Indian parliament on March 17.
Nuclear Power Corporation of India connects Unit-7 of Rajasthan Atomic Power Project to the grid
Indian state-owned Nuclear Power Corporation of India (NPCIL) has connected the Unit-7 of Rajasthan Atomic Power Project to the Indian grid, the company said on March 17 in a post on X (formerly Twitter).
Japanese company Tepco plans to restart Niigata reactor in 2025
Tokyo Electric Power Company Holdings (Tepco) has announced plans to resume operations at a reactor in the Kashiwazaki-Kariwa nuclear plant in Niigata Prefecture during the 2025 fiscal year, which begins next month.
India's LNG imports up 7.3% in February
India’s liquefied natural gas (LNG) imports rose 3.08bn cubic metres (bcm) in February, up 7.3% year-on-year (y/y), according to provisional data from the Ministry of Petroleum and Natural Gas’ Petroleum Planning and Analysis Cell (PPAC).
FSK L&S secures South Korea logistics contract for Ford-SK battery plants in the US
FSK L&S, the logistics arm of SK Square, has announced a new contract to manage fulfillment centres for three US-based battery production facilities operated by BlueOvalSK, a joint venture between SK On and Ford Motor Company.
Power generation in Pakistan drops 15% m/m in February
Power generation in Pakistan witnessed a 15% month-on-month (m/m) decline in February pointing to a slowdown in economic activity
Sapura Energy denies contact from MACC following corruption probe
Sapura Energy Bhd stated on March 17 that it has not been approached by the Malaysian Anti-Corruption Commission (MACC) regarding an investigation into alleged bribery and misappropriation of funds linked to the company
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