AsiaElec - Asia Power
Cambodian power network gets $80m boost
A regional provider of renewable energy and transmission solutions has announced that its subsidiary, Cambodian Transmission II Co., Ltd. (CTLII), has obtained an $80mn green financing package from a consortium of banks.
Indonesia’s World Bank debt and the price of a green transition
Indonesia is routinely listed among the World Bank’s largest borrowers, second only to India in some recent tallies, reflecting an outstanding balance with the Bank running into the tens of billions and placing Indonesia among the top 10 debtors
BP forecasts global LNG exports to increase through 2035
Supermajor BP expects LNG demand to climb to 900bn cubic metres by 2035, the British energy company predicted in its Energy Outlook.
Vietnam pushes ahead with LNG development
Vietnam’s leading private conglomerate, Vingroup, has officially commenced construction of the Hai Phong LNG Power Plant, the largest project of its kind in the country, with an investment of VND178 trillion ($6.7bn)
TotalEnergies inks Heads of Agreement LNG deal with Hyundai Chemical
French supermajor TotalEnergies signed a Heads of Agreement with South Korea’s Hyundai Chemical.
Russia’s Arctic LNG 2 plant appears to load first cargo at second train
Satellite images reveal a tanker docked at the sanctioned plant’s second production unit which began producing LNG in May.
Philippines secures second $800mn World Bank energy loan
The Philippine government is poised to secure a second $800mn (around PHP45bn) loan from the World Bank in early 2026 to support reforms that accelerate renewable energy deployment, strengthen the electricity sector, and enhance water management.
DEME secures Formosa 4 offshore wind project in Taiwan
Belgian marine sustainable solutions provider Deme Group NV, through its Taiwanese joint venture CDWE, has secured a significant contract for the Formosa 4 offshore wind farm,
South Korea delays decision on 40-year-old reactor restart
South Korea is facing growing energy supply concerns as several nuclear reactors remain offline. The government has now postponed its decision on restarting the Kori-2 nuclear reactor.
Indonesia reinforces mineral downstreaming push to attract global investors
Indonesia is reaffirming its downstreaming agenda to global mineral players, underscoring its ambition to capture more value from its natural resources and accelerate the energy transition
Pakistan’s nuclear power output hits record 21.7 TWh in 2024, share in grid rises to 17%
Pakistan generated a record 21.7 terawatt-hours (TWh) of nuclear electricity in 2024, up from 21.3 TWh in 2023, raising the share of nuclear power in the national grid to an all-time high of 17% from 16.2% a year earlier
Modi lays foundation stone for nuclear project in Rajasthan
ndian Prime Minister Narendra Modi on September 25 laid the foundation stone of Anushakti Vidhyut Nigam Ltd’s (ASHVINI) Mahi Banswara Rajasthan Atomic Power Project (4X700 MW), valued at around INR420bn ($4.73bn), according to a Government of India
China deploys new power pricing regime to balance clean energy mix
Introduced in June, the framework abandons the uniform tariffs that once rewarded all renewable generation equally, regardless of local demand or grid capacity.
Pertamina Geothermal partners with Toyota to advance Indonesia’s green hydrogen ecosystem
Indonesian geothermal energy producer PT Pertamina Geothermal Energy Tbk (PGEO) has signed a joint declaration with PT Toyota Motor Manufacturing Indonesia (TMMIN) to develop a green hydrogen ecosystem in the country
Google adds 15MWAC of solar to Japanese renewable portfolio
Google has signed a virtual power purchase agreement (PPA) with JERA Cross, a subsidiary of Japan’s major energy company JERA, to acquire non-fossil certificates (NFCs) from 15MWAC of solar capacity developed by West Holdings.
Indonesian mining company Indominco shifts from coal gasification to semicoke
PT Indominco Mandiri (IMM), a subsidiary of PT Indo Tambangraya Megah Tbk (ITMG), is preparing a semicoke processing project as part of its downstreaming programme
China sets first binding target to cut emissions
China has announced its first economy-wide commitment to reduce greenhouse gas emissions, pledging a cut of between 7 and 10% by as soon as 2035.
Laos strengthens labour force for energy projects
The province’s growing energy industry, driven by wind, hydropower and coal projects, has sharply increased the demand for skilled workers.
Petronas wins appeal in gas payment dispute with Shell MDS
Petronas has welcomed a court ruling that overturned a High Court decision allowing Shell MDS to suspend its monthly gas payments to the Malaysian state-owned energy company
Sri Lanka launches energy financing strategy alongside hydrogen policy
Sri Lanka has officially launched its Integrated National Financing Framework (INFF) Strategy for the Energy Sector, marking a major step in mobilising resources to drive the country’s transition to renewable energy
Thailand to launch pilot clean energy DPPA by year-end
Thailand’s Energy Regulatory Commission (ERC) has confirmed that the country’s first pilot Direct Power Purchase Agreement (DPPA) project is in the final review stage and is expected to be operational by the end of 2025.
Global Alliance commits $7.5bn to clean energy in developing world
Analysts have repeatedly warned that clean energy investment in developing economies such as Afghanistan, but excluding China, remains dangerously below levels required to meet international climate objectives.
EV sales boom across Indonesia's automotive market
Indian solar IPO looks to raise $339mn
The issue will be divided between a fresh equity sale worth roughly INR21.43bn and an offer for sale valued at INR8.56bn, enabling existing shareholders to pare back their holdings.
Ultra Gas & Energy to invest in 100 LNG outlets in India
Ultra Gas & Energy Ltd (UGEL), an Essar venture, has announced plans to scale its liquefied natural gas (LNG) retail network to 100 outlets across India with an investment of INR9bn ($108mn)
Sri Lanka rules out privatisation of power sector
Sri Lanka has no plans to privatise its power sector, with the government instead prioritising reforms aimed at improving efficiency and restructuring institutions, according to the President’s Media Division
India's NTPC explores overseas uranium assets to fuel nuclear expansion
Indian state-owned power major NTPC is considering acquiring uranium assets abroad to secure fuel supply for its planned nuclear power projects
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