AsiaElec - Asia Power

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.

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

Taiwan’s Linkou unit 1 set to resume operations

Linkou Power Plant’s Unit 1 in New Taipei City is set to resume service after repairs, Deputy Minister Lai Chien-hsin confirmed, following its shutdown caused by a pipe leak.

Taiwan Power struggles despite electricity price hike

Taiwan Power Company (Taipower), the state-owned electricity supplier, is expected to remain in deep financial deficit despite raising electricity rates from October, according to the Ministry of Economic Affairs (MOEA).

BP sparks hope for South Korea’s offshore gas

BP plc, the UK-based oil and gas giant, has submitted a bid to develop offshore gas reserves in South Korea’s East Sea, signalling renewed optimism for the nation’s long-delayed energy ambitions despite the collapse of its flagship prospect.

Leaking butane in Malaysia neutralised with second flare deployment

A second portable flare is being installed on September 21 at Section 5 of the East Coast Rail Link (ECRL) site near Kemaman, where a Petronas Gas Berhad (PGB) pipeline has been leaking butane gas

PLN EPI and BNI strengthen biomass supply chain in Indonesia

Indonesia’s PLN is advancing clean energy by streamlining biomass sourcing and funding. Through PLN EPI and BNI, it supports suppliers of wood pellets, farm waste and other fuels for power plants.

Modi inaugurates Avaada’s 280-MW solar project in India's Gujarat

Prime Minister Narendra Modi inaugurated Avaada Group’s 280-MW solar power project in Gujarat’s Surendranagar district on Saturday and laid the foundation stone for the company’s upcoming 100-MW facility in Vadodara

Statkraft to sell Tidong hydropower project in India's Himachal Pradesh to JSW Energy

Statkraft has signed a deal to divest the Tidong hydropower project in India’s Himachal Pradesh to JSW Energy, the company said in a press release

$52m ADB loan to boost Cambodia’s green power infrastructure

Cambodia is advancing its clean energy ambitions with a $52.7mn loan from the Asian Development Bank (ADB), designed to reinforce its power transmission

Democratic Senators push Trump to ramp up targeted sanctions on Russian LNG

Calls are mounting by Democratic senators for US President Donald Trump to increase targeted sanctions on Russia’s LNG sector.

Japan’s shipping giants expand LNG fleets in anticipation of global demand surge

Sri Lanka connects Kerawalapitiya LNG power plant to national grid

The project was inaugurated by Prime Minister Harini Amarasuriya. Speaking at the event, Amarasuriya said her government was determined to ensure Sri Lanka achieved “the lowest electricity prices in the region."

Mindanao geothermal boosts Philippines renewable goals

The Philippines is working to grow its energy supply while cutting emissions. At the 2025 Philippine Net Zero Conference, Energy Secretary Sharon Garin highlighted that the country is setting climate goals on its own terms.

Singapore turns to Africa for carbon credits in net zero push

While China, India and the US are vying for Africa’s critical minerals, Singapore is targeting the continent’s carbon offsets to meet its climate ambitions and expand trade ties

L&T secures order for Kudankulam nuclear project expansion in India's Tamil Nadu

Indian engineering giant Larsen & Toubro has secured a major order valued at up to $285mn from the state-owned Nuclear Power Corporation of India Ltd for works at the Kudankulam nuclear power plant in Tamil Nadu

Japan’s MHI lands divertor deal for France-based ITER reactor

Mitsubishi Heavy Industries (MHI) has secured a contract to provide 20 outer vertical targets for the divertor system of the International Thermonuclear Experimental Reactor (ITER) in southern France.