AsiaElec - Asia Power
Philippine senate ratifies $65mn energy budget for 2026
Singapore closes COP30 with emphasis on technology-driven climate action
The Singapore Pavilion wrapped up its COP30 programme in Belém by underscoring the importance of technology, digital participation and well-designed climate frameworks in advancing global climate efforts and strengthening international cooperation
Singapore’s GasCo on the hunt for Q1 2026 LNG
Singapore’s newly established state gas buyer, GasCo, plans to solicit long-term LNG supply offers in the first quarter of 2026 for delivery beginning in 2028, as part of efforts to close a looming supply gap.
Cambodia spends $2bn on energy imports
Cambodia spent $2.02bn on diesel, petrol, and combustion gas imports during the first ten months of 2025, representing an 11.5% decline compared with the same period last year
Thailand starts Southeast Asia’s first heat battery
Rondo Energy has officially started operating Southeast Asia’s first industrial heat battery, a 33 MWh system installed at a cement plant in Thailand
VinFast posts $900mn loss despite rising sales
Vietnamese electric vehicle maker VinFast recorded a net loss of more than $900mn in the third quarter of this year, even though its sales continued to rise
Unions threaten strike on Woodside’s Pluto 2 LNG expansion
Labour tensions have flared at Woodside Energy’s high-profile Pluto 2 LNG project in Australia, as a union coalition has applied to the Fair Work Commission for authorisation to strike.
India’s GUVNL releases tender results on large-scale battery storage
Gujarat Urja Vikas Nigam Limited has released the results of its seventh tender offering viability gap support for large-scale battery storage, awarding contracts for 2GW/4GWh of standalone systems.
Cement arm of India’s Nirma Group purchases energy firm
Nuvoco Vistas, the cement arm of the Nirma Group, has moved to consolidate its energy footprint with the purchase of Vadraj Energy’s holding company, Algebra Endeavour Private Limited, from JSW Cement and Alpha Alternatives.
Indonesia–Singapore energy ties deepen as clean power ambitions converge with private capital moves
Indonesia and Singapore are entering a new phase of energy cooperation, one shaped by the simultaneous rise of clean-power ambitions and strategic private-capital bets on the region’s downstream energy sector.
India’s Waree Energies adds new PV manufacturing plant to portfolio
Waaree Energies has brought a substantial new solar manufacturing plant online in Gujarat, marking another step in India’s efforts to expand domestic clean-energy supply chains.
Philippines plans wider electricity subsidies for low‑income households
The Department of Energy (DOE) is pushing to broaden its electricity subsidy scheme, targeting more low‑income homes through an enhanced Lifeline Rate Programme, the agency announced on November 19.
Malaysia suffers $1.1bn in power losses from illegal bitcoin mining
Malaysia’s national electricity utility, Tenaga Nasional Berhad (TNB), has revealed that illegal Bitcoin mining has caused an estimated $1.1bn in power losses since 2020
Singapore Airlines purchases used cooking oil from Indonesia’s free meal programme
Used cooking oil generated from the government’s Free Nutritious Meals (MBG) scheme is not only being collected but also exported, including to Singapore Airlines, where it is processed into sustainable aviation fuel (bio-avtur).
Germany pledges $55mn to modernise Cambodia’s grid
Cambodia has secured a €47.5mn (around $55mn) energy investment from Germany aimed at upgrading transmission lines and improving the efficiency and stability of the national electricity grid
Solar projects surge as Myanmar faces power shortages
Myanmar is increasingly relying on solar energy to address a worsening electricity shortage, a situation intensified by political turmoil since the 2021 military takeover.
Vietnam targets green transport by 2030
Vietnam has announced plans for all public transport in Hanoi and Ho Chi Minh City to operate on clean and environmentally friendly energy by 2030
ADB approves $330mn for Pakistan’s power transmission upgrade
The Asian Development Bank has cleared loans worth $330mn to support Pakistan’s Second Power Transmission Strengthening Project, an initiative aimed at expanding the national grid and enabling greater flow of affordable renewable and hydropower
India’s Power Grid Corp plans to raise $428mn in bond issuance
Power Grid Corporation of India (POWERGRID / BSE532898) has cleared plans to raise up to INR38bn ($428mn) through its latest bond issuance, marking the company’s 83rd series of such instruments.
India's smart meter rollout faces delay
India’s ambitious drive to modernise its power distribution network through the Revamped Distribution Sector Scheme (RDSS) is facing mounting pressures, with delays in installing smart meters and slow payment cycles threatening to erode returns
Asian utilities locked into coal as long-term contracts slow transition
Asia’s shift towards cleaner energy is being hampered by decades-long coal power agreements that continue to bind utilities to fossil-fuel generation, even at times when cheaper renewable supplies are readily available.
Hero Future to play a part in 4-GW green expansion in Andhra Pradesh
Hero Future Energies has entered into a memorandum of understanding with the government of Andhra Pradesh to pursue a substantial expansion of the state’s clean-energy capacity.
China’s PCC increases push into Africa
Power Construction Corporation of China is accelerating its push into Africa’s power sector, setting out an ambition to establish a presence in almost every country on the continent within the next five years.
Maharashtra State Power awards solar installation contract
Pace Digitek has been awarded an INR9.29bn ($105mn) contract by Maharashtra State Power Generation Company (MSPGCL) to deliver a 200-MW AC solar installation, part of the utility’s broader 300-MW AC procurement round.
EnviTec Biogas plant to make debut in the Philippines
The 1.4-MW facility, to be sited in Candelaria in Quezon Province, is scheduled to begin delivering power to the Meralco distribution network by June 2026.
Deep Taiwanese geothermal exploration encounters lower-than-ideal heat
A deep geothermal test well in Yuanshan, Yilan County, has reached its full 4000m depth, but the heat levels recorded at the bottom were lower than anticipated.
Asia Cement boosts 180MW floating wind farm off Taiwan coast
Taiwan approved a 180MW floating wind farm, "Rui Li 1," despite Beijing tensions. Led by IX Renewables, this move boosts domestic clean power, underscoring Taiwan's commitment to energy security amid regional unpredictability.
Singapore is sharpening economic strategy to expand global reach
Singapore is strengthening its long-term economic strategy with a series of “bolder moves” aimed at bringing in more high-growth companies, encouraging local firms to expand overseas, and positioning the country as a global hub
China commences construction on new domestic nuclear power plant
Japan signals support as TEPCO advances Niigata reactor restart
The chief executive of Niigata prefecture, Hideyo Hanazumi, is reportedly ready to permit the reoperation of a nuclear power unit situated to the northwest of Tokyo.
India's LNG imports down 23% in October
India and Japan eye deeper energy partnership
Hardeep Singh Puri, Minister of Petroleum and Natural Gas, held a roundtable in Tokyo with senior representatives of Japanese industry to explore new pathways for Indo-Japanese cooperation across the full energy value chain
NPCIL signs MoU with India's Maharashtra state to explore nuclear power
NPCIL has signed a Memorandum of Understanding with Maharashtra State Power Generation Company and the Maharashtra Institution for Transformation to examine opportunities for jointly developing nuclear power projects across the state
LONG READ: How oil price discounts became a barometer of the sanction’s effectiveness
When Russian troops crossed into Ukraine in February 2022, the country’s main crude export blend, Urals, was still trading in line with its traditional discount to Brent of $2. A month later Russia discounted it by $30 to find buyers.
Chinese EV charger module supplier AcePower partners with Turkey’s IMECAR
AcePower, a Chinese electric vehicle (EV) charger module supplier, has announced a partnership with IMECAR, a Turkish EV equipment provider.
Laos launches $10mn electricity subsidy for households
The Lao government has launched an electricity subsidy to reduce utility costs for households consuming up to 300 kilowatt-hours (kWh) per month, effective from September
New wind-battery project to stabilise Cambodia’s grid
Cambodia is set to advance its clean energy sector with a pioneering wind battery storage project in Kampong Chhnang, unveiled by Minister of Mines and Energy Keo Rottanak.
South Korea says it will phase out coal power plants
In a landmark announcement for COP 30 in Belém, Brazil, South Korea has said it would phase out a significant portion of its coal-fired power plants.
Malaysian state Selangor sets five-year horizon for nuclear power adoption as state builds technical capacity
Selangor expects to begin integrating nuclear power into its clean energy mix within the next five years, the State Legislative Assembly heard on November 19
Adani to invest over $7bn in major power projects in India's Assam state
India’s Adani Group will invest about INR630bn ($7.17bn) in two large-scale energy projects in Assam, including what is set to become the north-east region’s biggest privately built coal-fired power plant
Mongolia-focused TMK Energy reports production milestone at “enormous, discovered gas resource on doorstep of China”
TMK Energy (ASX: TMK) on November 18 announced a record gas production milestone at its 100%-owned Gurvantes XXXV Coal Seam Gas (CSG) Project in Mongolia.
Cambodia to launch nationwide EV charging network by 2026
China’s State Grid Corp in transmission expansion move
State Grid Corporation of China has brought into service the first phase of a major 750-kV transmission expansion linked to the Zhangye power plant in Gansu, marking a significant step in the province’s energy strategy under the 14th Five-Year Plan
Green investment in Odisha given the green light
Odisha has given the green light to a major investment by CESC Green Power, approving plans worth roughly INR45bn ($508mn) aimed at strengthening the state’s renewable-energy manufacturing base.
Mumbai-based KEC International wind $120mn in EPC deals
KEC International has announced a fresh round of contract wins totalling INR10.16bn ($120mn), underscoring the company’s continued push to diversify its order book across multiple infrastructure segments.
Timor-Leste races to upgrade infrastructure ahead of 2029 ASEAN Summit
Timor-Leste is accelerating major infrastructure projects as it prepares to host its first ASEAN Summit in 2029, following its recent admission as the bloc’s 11th member
India’s coal imports rise 13.5% in September
India’s coal imports climbed 13.54% to 22.05mn tonnes (MT) in September, driven largely by pre-festive season demand
NTPC outlines multi-size nuclear expansion plan as India raises atomic ambitions
State-owned power producer NTPC(NSE: NTPC) plans to develop a series of nuclear power projects in 700 MW, 1,000 MW and 1,600 MW configurations at multiple sites across India
Ksi Lisims LNG plant added to Canada’s major projects list
The $10bn plant in northern British Columbia would produce 12mn tonnes of LNG per year.
Panasian Power connects new 5-MW solar plant to Sri Lanka’s grid
Panasian Power PLC (PAP) has brought its latest 5-MW ground-mounted solar plant at Uda Aparakke online, adding new utility-scale capacity to Sri Lanka’s energy mix
Ayala cancels Batangas gas plant in Philippines
The Ayala Group, one of the Philippines’ largest and oldest conglomerates with interests spanning real estate, banking, telecommunications, and energy, has decided to abandon its planned 1,100‑megawatt combined‑cycle gas plant in Batangas.
LG Energy Solution sets 2027 target for domestic LFP output
LG Energy Solution (373220.KS) has set out its first Korean production schedule for lithium iron phosphate batteries, a chemistry increasingly favoured for its lower cost, high thermal stability and long service life.
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