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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.
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Mitsubishi invests JPY500bn to expand LNG Canada project
Mitsubishi Corp will invest about JPY500bn to expand production capacity at the LNG Canada project in western Canada.
Japan electricity bills hit record highs at all utilities
Electricity rates for October usage will reach record highs at all 10 of Japan's major power utilities after a government subsidy expired.
Meralco tenders 900 MW baseload power supply in Philippines
Manila Electric Company (Meralco, PSE: MER) has launched a competitive tender for 900 megawatts (MW) of baseload power supply under a 15-year contract, with deliveries due to start in 2031.
NTPC commissions 81-MW solar plant in India
India's state-run NTPC has commissioned 81.34 MW at the Kalasar Solar Energy Project in Bikaner, Rajasthan.
South Korea's Samsung invests $1bn in KKR AI venture Helix
Six Samsung affiliates are investing a combined $1bn in Helix Digital Infrastructure, an artificial intelligence infrastructure company set up by US investment firm KKR.
India's Inox Clean Energy files for $1.1bn IPO
India's Inox Clean Energy has filed draft papers for an initial public offering of up to INR100bn ($1.1bn).
TotalEnergies says Namibia, Mozambique projects to help hold output to 2035
TotalEnergies is positioning Namibia’s Venus and Mopane projects and further Mozambique LNG development within a broader post-2030 growth portfolio, while maintaining a production base of around 3mn boed through 2035.
China starts building second reactor at Bailong plant
China has started building the second reactor at the Bailong nuclear power plant in the Guangxi Zhuang Autonomous Region, with the first concrete poured for the unit's nuclear island at 18:27 on September 27.
Meralco unit breaks ground on Singapore hydrogen-ready power plant
Meralco PowerGen Corp (MGEN) has broken ground on a SGD1.2bn (about $938mn, PHP58.7bn) hydrogen-ready power plant on Singapore's Jurong Island.
Bukit Asam secures $333mn credit from Indonesian state banks
Indonesian coal miner PT Bukit Asam (IDX: PTBA) has obtained working capital financing facilities worth up to IDR6 trillion ($333mn) from two state-owned lenders
Indonesia coal-to-petrol plans stall on high investment costs
Indonesia has the technology to turn coal into petrol but the cost of building and running such plants remains the main obstacle to attracting private investors, the Indonesian Mining Professionals Association (Perhapi) said.
South Korea to lift renewable grid capacity to 171 GW
South Korea will expand the amount of renewable electricity its power grid can absorb by 2030 to 171 gigawatts (GW) from 119 GW on transmission standards.
POSCO pushes for private nuclear investment in South Korea
South Korean steelmaker POSCO is preparing to ask the government to allow private companies to fund nuclear power plants in exchange for long-term access to low-cost electricity.
Fauji Cement adds battery storage at Pakistan plants
Fauji Cement Company Limited has approved 50 megawatt-hours (MWh) of battery energy storage split between its two cement plants in Pakistan.
Chips need current as AI pushes Thailand, Southeast Asia toward small reactors
Bangkok has included two SMRs, with combined capacity of 600MW towards the end of its draft Power Development Plan 2026, marking a significant shift for a country that has discussed nuclear power for decades without building a commercial reactor.
India’s Juniper Green subsidiaries receive ICRA rating upgrades
Juniper Green Energy Ltd (NSE:JNPR) said India’s ICRA has upgraded credit ratings on debt facilities held by five of its subsidiaries, improving their assessed credit profiles as the renewable power group expands its project portfolio.
ACEN wins Philippine approval for La Union power deal
Ayala-led ACEN Corp (PSE: ACEN) has won approval from the Philippines' Energy Regulatory Commission (ERC) for a 10-year power supply agreement (PSA) with La Union Electric Company Inc (Lueco).
South Korea's HD Hyundai Samho builds first three-tank LNG carrier
HD Hyundai Samho (KRX: 267250) is building South Korea's first large liquefied natural gas (LNG) carrier with only three cargo tanks, a design intended to cut construction costs and widen the country's technological lead over Chinese rivals.
Gas-tastrophe! Global energy chiefs drill for more while their own seeps away
The global gas industry is spending billions of dollars drilling new fields, constructing LNG terminals and securing supply routes while allowing huge quantities of the commodity it already produces to leak, vent or burn into the atmosphere.
India’s KPI Green Energy expands renewable portfolio with new subsidiary
The new entity will pursue activities spanning electricity generation, storage, transmission, distribution, purchase and sale across conventional and renewable sources.
Cambodian logistics firm shifts to EVs to lower costs
Vireak Buntham, a Cambodian logistics company is turning to electric vehicles and digital fleet management to reduce transport costs and improve efficiency
Chinese EVs gain ground in Myanmar
Chinese electric vehicles are gaining popularity in Myanmar, driven by competitive prices, smart technology and growing local partnerships.
Indonesia to simplify solar tenders for 100 GW push
Indonesia will simplify tender procedures for solar power developers that meet technical and competitiveness criteria, as it pushes to add 100 gigawatt peak (GWp) of solar capacity within three years.
Pakistan blocks airspace, delaying Bangladesh's Rooppur uranium delivery
Delivery of nuclear fuel for the second unit of Bangladesh's Rooppur nuclear power plant has been held up after Pakistan declined to grant airspace clearance to the cargo flight carrying the uranium.
India builds first port-based e-methanol plant at Kandla
India has begun work on its first port-based e-methanol production facility at Kandla in Gujarat, a INR23bn ($260mn) project aimed at supplying green fuel to ships on the Asia-Europe trade route.
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