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Power

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AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.

AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.

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Malaysia risks becoming a net energy importer within five years, Petronas chief warns

19 June 2025

Malaysia may shift from being a net energy exporter to an energy importer within the next five years, driven by surging electricity demand and growing dependence on advanced technologies such as artificial intelligence (AI)

Contractors await decision on key role for Mubadala Energy's Andaman Sea gas project

19 June 2025

Major contractors are closely watching as Mubadala Energy prepares to announce the selected party for a pivotal role in its floating production, storage and offloading (FPSO) vessel that will serve as the core infrastructure for its large-scale gas

Woodside to supply LNG to Malaysia in 15-year deal with Petronas starting 2028

19 June 2025

Australia’s Woodside Energy has reached a long-term agreement with a subsidiary of Malaysia’s state-owned energy firm Petronas to supply liquefied natural gas (LNG) to Malaysia beginning in 2028, the companies announced on June 18

Petronas and Eni push forward with Indonesia-Malaysia gas venture, signing expected by year-end

19 June 2025

In a joint announcement, Eni stated that the deal would be subject to regulatory approvals from governments, relevant authorities, and project partners.

India's installed power capacity could be 50% non-fossil by December

19 June 2025

India is on track to achieve a major milestone in its energy transition, with half of its total electricity generation capacity expected to be from non-fossil fuel sources by as early as December 2025

Indonesia’s Pertamina sets sights on Philippines’ geothermal potential

18 June 2025

Indonesia’s state-owned energy firm PT Pertamina is eyeing expansion into the Philippines’ renewable energy space, with a focus on geothermal power.

China completes hot testing for San’ao nuclear plant’s first reactor unit

18 June 2025

China has completed high-temperature system tests for Unit 1 of the San’ao nuclear power facility in Zhejiang province. This milestone marks a key step toward launching the first of six Hualong Ones (HPR1000) reactors.

Cambodia cuts Thai power supply, sparking blackouts

18 June 2025

Residents of Poipet, a key border city in north-western Cambodia, faced temporary blackouts and unstable electricity on June 17 after Cambodian authorities abruptly disconnected power imported from neighbouring Thailand.

Peak Energy expands in Japan with 48 MW solar acquisition

18 June 2025

Peak Energy, a Singapore-based renewable energy developer backed by US investment firm Stonepeak, has acquired 48 megawatts of high-voltage solar assets in Japan that are ready for construction.

South Korea backs landmark solar project in Saudi Arabia with $225mn funding

18 June 2025

South Korea’s Export-Import Bank (Eximbank) has committed $225mn in project financing to support a solar energy development in Saudi Arabia, marking the largest international solar initiative ever led by a Korean firm.

Indian Oil to supply LNG for Andaman & Nicobar’s first gas-based power plant

18 June 2025

Indian Oil Corporation (IOC) will supply liquefied natural gas (LNG) to Andaman & Nicobar Islands’ first gas-based power plant, which is being developed by NTPC

Pakistan emerges as global solar power front-runner, driven by record imports

18 June 2025

Pakistan has become one of the world’s fastest-growing solar power producers, outpacing even several developed nations in solar electricity’s share of the national grid

Gorakhpur nuclear plant in India on track, two units to go online by 2031

18 June 2025

The Gorakhpur Nuclear Power Plant in Haryana’s Fatehabad district is now progressing steadily, with two of its four reactors expected to be operational by 2031 and the remaining two by 2032

World Bank will now fund nuclear power projects

17 June 2025

The World Bank has announced it will end its longstanding prohibition on financing nuclear energy developments, a major policy reversal from the world’s most influential development lender.

Global offshore wind capacity up 14% in last year

17 June 2025

Global operating offshore wind capacity has grown from 74.7GW a year ago to 85.2GW, an increase of 14%, says a new RenewableUK report

Saigon Hi-Tech Park sets ambitious goal of 50% renewable energy use in drive towards net zero

17 June 2025

Saigon Hi-Tech Park is setting its sights on sourcing over 50% of its energy from renewable sources.

What the Iran-Israel war could mean for much of Asia

17 June 2025

From energy security and trade disruptions to political polarisation and rising tensions among Muslim-majority nations such as Indonesia, Malaysia and nuclear armed Pakistan, the consequences for Asia could reshape regional dynamics.

Nepal begins power exports to Bangladesh via Indian grid

17 June 2025

Nepal has commenced regular commercial electricity exports to Bangladesh, marking its formal entry into the international power market beyond its traditional partner India

Indonesian state-owned insurer partners with South Korea’s KevinLAB for green energy pilot in SOE sector

17 June 2025

Indonesian state-owned insurer PT Taspen has entered a tripartite agreement with South Korean tech firm KevinLAB Inc. and local EPC company PT Catur Elang Perkasa (CEP) to implement a green energy initiative

TotalEnergies expands Malaysian upstream portfolio with major offshore block acquisition

17 June 2025

TotalEnergies SE has bolstered its upstream gas portfolio in Southeast Asia through a significant acquisition of offshore assets in Malaysia, under new agreements with state-owned oil firm Petroliam Nasional Bhd (Petronas)

ADNOC to make takeover bid of Australia’s Santos

16 June 2025

The United Arab Emirates’ state-run Abu Dhabi National Oil Company will submit an all-cash AUD28.6bn takeover bid for Australian oil and gas producer Santos.

Kazakhstan awards Russia, China one nuclear plant project each, Uzbekistan revises its plan to include large facility

16 June 2025

Solution favoured by Astana will help balance relations with Moscow and Beijing.

Nuclear energy must anchor Indonesia’s long-term energy plan

16 June 2025

Indonesia must urgently place nuclear energy at the heart of its long-term energy strategy to safeguard energy security, boost economic competitiveness, and realise its carbon neutrality ambitions by 2060

GAIL inaugurates monsoon LNG operations at Dabhol following breakwater milestone

16 June 2025

India’s state-run gas utility GAIL (India) Ltd has successfully discharged its first LNG vessel during the Southwest monsoon season at the Dabhol terminal.

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