AsiaElec - Asia Power
Thai baht nears 15-month low as oil prices rise
The Thai baht has fallen to its weakest level in more than 15 months, pressured by higher oil prices, a stronger US dollar and elevated US Treasury yields.
Lao state fuel enterprise profit jumps 70% in 2025
Laos’ state-owned fuel company increased its profit by more than 70% in 2025 as it prepares for a possible stock market listing.
India's coal production rises
Philippine firms save $152mn via energy efficiency
Philippine commercial operations complying with national energy efficiency laws cut their corporate expenses by a collective PHP9.31bn ($152mn) through modern conservation measures, the Department of Energy (DOE) announced.
World Bank approves $200mn for Thailand’s green energy push
Thailand will receive a $200mn World Bank loan to expand renewable energy, improve energy efficiency and develop its carbon market.
Vingroup unit becomes sole bidder for $347mn Vietnam wind farm
VinEnergo, the renewable energy arm of Vietnamese conglomerate Vingroup, has emerged as the sole bidder for a $347mn wind power project in central Vietnam.
T&T Laos wind farm earns $36.5mn in income in seven months
A Vietnamese-backed wind farm in Laos generated about $36.5mn in revenue during its first seven months of commercial operations.
Malaysia's Primaverse expands Indonesian carbon credit footprint through ESG forestry model
A Malaysian carbon project developer is scaling up its Indonesian operations
Philippine green group demands evidence-based nuclear power review
The Institute for Climate and Sustainable Cities (ICSC) urged the Philippine government to perform a data-driven analysis before setting concrete nuclear energy targets, the green think-tank said in a statement on July 27.
Hyundai accelerates Brazil SUV and green car lineup
Indonesian conglomerate Bakrie Group unit initiates coal-to-methanol project in Kutai Timur
A subsidiary of the Bakrie Group has initiated early-stage development on a major coal gasification complex, advancing Indonesia's national downstream industrialisation agenda and energy transition roadmap
Inox Wind bags turnkey wind project from NLC India
Inox Wind (NSE: INOXWIND) has secured a repeat 200-MW turnkey wind power project from NLC India (NSE: NLCINDIA), with an estimated contract value of around INR16bn ($184mn), strengthening its order pipeline.
Quetta coal mine blast in Pakistan kills 26 miners
A methane gas explosion at a coal mine on the outskirts of Quetta in Pakistan's Balochistan province killed at least 26 miners on July 30, while rescue teams continued efforts to locate workers still trapped underground.
ADB approves $850mn loan to accelerate India's rooftop solar programme
The Asian Development Bank (ADB) has approved an $850mn loan to support the next phase of reforms under India's flagship rooftop solar programme, aimed at accelerating the deployment of residential solar systems.
India implementing 20 nuclear reactors as expansion drive gathers pace
India currently has 20 nuclear power reactors at various stages of development, including 10 under construction and another 10 in the pre-project phase, the government informed Parliament on July 30.
Vietnam plans major overhaul of state mining giant
Vietnam is accelerating plans to transform its state-owned mining group into a modern energy and materials company as part of its broader industrial and green transition strategy.
US nuclear services firm opens Vietnam subsidiary
US-based nuclear services provider EXCEL Services Corporation has established a subsidiary in Vietnam, marking its entry into the country as Hanoi advances plans to develop nuclear power to meet rising electricity demand.
AboitizPower dominates Philippine market as profits surge 45%
Aboitiz Power Corp. (AP.PS) concluded the opening six months of the year with profits climbing to PHP18.4bn ($299mn), propelled by costlier electricity rates.
Indonesian battery company IBC targets joint IP for sodium-ion, solid-state technologies
India says it safely manages nuclear waste under global standards
India continues to safely manage radioactive waste generated by its nuclear power programme under a regulatory framework aligned with international standards, with no reported incidents of radiation release from disposal facilities.
India's NTPC plans $178bn investment through FY37 to expand power capacity to 250 GW
India's largest power producer, NTPC (NSE: NTPC), plans to invest around INR17 trillion ($177.62bn) through fiscal 2037 as it seeks to almost triple its power generation portfolio, with renewable energy and nuclear power driving future growth.
Myanmar secures fuel supplies after four tankers dock
Fuel deliveries to Myanmar received a boost after four tankers arrived at Thilawa Port, as authorities stepped up efforts to safeguard domestic supplies.
Vietnam's PVEP begins $350mn offshore gas project
The launch of a new offshore gas project is expected to strengthen domestic energy supplies for southwestern Vietnam from late 2027.
Vietnam seeks green finance to strengthen climate transition
Green finance is emerging as a crucial driver of Vietnam’s shift towards a low-carbon economy, helping businesses fund cleaner technologies and meet rising global sustainability standards.
Taiwan cuts gas imports over diplomatic office closure
Taiwan has suspended spot market purchases of liquefied natural gas from Papua New Guinea, the Ministry of Foreign Affairs reported on July 29. The decision follows a sudden move by the Pacific nation to close Taiwan's representative office.
Philippines MGI signs geothermal drilling contract with ThermaPrime
Maibarara Geothermal Inc. awarded an exploratory drilling contract to ThermaPrime Drilling Corp., the company disclosed to the Philippine Stock Exchange.
Indonesian container terminal operator advance green port transformation with Chinese electric equipment procurement
Indonesia’s largest container terminal operator PT Jakarta International Container Terminal (JICT) has accelerated its transition to green energy
Indonesian capital to adopt emissions-based vehicle tax over proposed EV tax incentive rollbacks
South Korea funds $19.8bn Texas plant for AI
South Korea will build a $19.8bn gas-fired power plant in Encinal, Texas, as part of a bilateral trade pact to lower US import tariffs, energy sector sources reported on July 29.
India’s Waaree Renewable wins 800-MW solar EPC contracts
Waaree Renewable Technologies has secured two engineering, procurement and construction contracts for large-scale solar projects with a combined capacity of 800 MWac and 1,082 Mwp.
India’s REC posts first-quarter net profit
India’s REC Limited has reported a net profit of INR41.93bn for the quarter ended June 2026, down about 6% from INR44.66bn in the same period a year earlier.
Manila energises first phase of 99-MW solar project
The project is being developed in two phases and is 97.3% complete, according to the Department of Energy. Full commercial operations are scheduled for October 2026.
India’s PM Surya Ghar rooftop solar scheme benefits over 4.8mn households since launch
India's PM Surya Ghar: Muft Bijli Yojana has benefited more than 4.8mn households since its launch in February 2024, with nearly 4mn rooftop solar (RTS) systems installed across the country.
Tata Power Q1 profit rises 11% on renewable growth, higher revenue
Tata Power (NSE: TATAPOWER) reported an 11% year-on-year increase in consolidated net profit for the first quarter ended June 30, 2026.
Mongolia's 1H coal and lignite output jumps to record 62mn tonnes
Mongolia's first-half coal and lignite output amounted to a record 62.48mn tonnes, with the volume up by more than 50% y/y, according to Mongolia's National Statistical Office (NSO).
Laos eyes EV charging network at state fuel stations
Laos is considering converting state-owned fuel stations into fast-charging hubs for electric vehicles (EVs) to expand its charging infrastructure and reduce dependence on imported fuel.
Vietnam sets 2026 gas power price cap at $0.12/kWh
Vietnam has set the maximum electricity generation price for natural gas-fired power plants at VND3,410.64 ($0.12) per kilowatt-hour (kWh) for 2026
Electrifying Asia – where EVs are reshaping power demand and fuel use
The winners are likely to be countries capable of building integrated ecosystems spanning renewable generation, batteries, charging networks and EV manufacturing.
Indonesian gas sub-holding company turns Aceh's Arun terminal into LNG re-export hub
Indonesia’s principal gas sub-holding subsidiary has secured the top global spot for liquefied natural gas (LNG) re-export operations
CGN debuts hydrogen ready power plant in South Korea
China General Nuclear Power Corp started commercial operations at its 557MW Daesan Phase II gas-fired power plant in South Korea.
Adani wins $890mn Andhra Pradesh transmission project for green hydrogen hub
Adani Energy Solutions Ltd (NSE: ADANIENSOL) has secured an INR85bn ($890mn) interstate power transmission project in Andhra Pradesh that will supply electricity to upcoming green hydrogen and green ammonia projects.
India's thermal coal imports fall 27% in FY26 as domestic supply improves
India's thermal power plants reduced coal imports by 27.4% in fiscal year 2025-26 as higher domestic coal availability and government policy measures curbed reliance on overseas supplies.
Bangladesh’s damaged FSRU expected to restart within two weeks
Bangladesh expects its damaged Floating Storage and Regasification Unit (FSRU) to return to service within 10-15 days, offering relief from a nationwide gas shortage triggered by the suspension of liquefied natural gas (LNG) imports.
Japan’s Sharp takes full ownership of Vietnam solar business
Japan’s Sharp Energy Solutions has taken full control of its Vietnamese solar engineering business, strengthening its position in one of Southeast Asia’s fastest-growing renewable energy markets.
Myanmar restores hydropower plant after Typhoon Yagi damage
Myanmar has completed repairs to the Upper Paunglaung Hydropower Plant following damage worth more than MMK20bn ($9.5mn) caused by Typhoon Yagi, restoring the facility to full operations.
Thailand lowers vehicle production forecast as Chinese EVs pressure industry
Thailand has cut its 2026 vehicle production target after growing competition from Chinese electric vehicle (EV) manufacturers weakened both exports and domestic demand for locally produced cars.
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