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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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Bangladesh unveils 10-year tax holiday for renewable energy firms

29 November 2024

The Bangladesh government has announced comprehensive tax incentives for renewable energy companies, offering a 10-year tax holiday for businesses commencing operations between July 2025 and June 2030

Pakistan's oil imports to rise 5% in FY25

29 November 2024

Pakistan's crude oil imports are forecast to rise by 5% in the financial year ending June 30, 2025, and by 7% for the 2025 calendar year, driven by recovering industrial production and economic expansion

Indonesia secures €1.2bn green financing from Germany’s KfW for energy transition

28 November 2024

The Indonesian government has secured €1.2bn in green financing from Germany’s Kreditanstalt für Wiederaufbau (KfW) to support its sustainable energy transition

Taiwan’s Synera Renewable Energy expands into South Korea with 840MW wind project

28 November 2024

Synera Renewable Energy Group (SRE Group), a leading offshore wind developer based in Taiwan, has forged a strategic partnership with Moondo Wind Energy (MWE) to launch a joint venture (JV) aimed at advancing offshore wind power

Malaysia's Meta Bright and Tunas Manja partner to advance solar energy solutions

28 November 2024

Meta Bright Group Bhd, a Malaysian conglomerate active in property development and renewable energy, has joined forces with retail operator Tunas Manja Sdn Bhd (TMG) to implement energy efficiency measures through rooftop solar installations

Malaysia to launch first solid-state hydrogen reactor for rural electrification in 2025

28 November 2024

Malaysia will roll out its inaugural solid-state hydrogen reactor in the first quarter of 2025, aiming to provide sustainable electricity to underserved rural areas, according to the Ministry of Science, Technology, and Innovation

Coal India plans 36 new projects over five years

28 November 2024

Coal India Limited (CIL) aims to initiate 36 coal mining projects within the next five years, the Indian Ministry of Coal said on November 27.

Bangladesh, Sri Lanka to review Adani energy projects following US bribery allegations

28 November 2024

Bangladesh and Sri Lanka are reassessing energy projects linked to India’s Adani Group following US prosecutors’ indictment of chairman Gautam Adani and others for alleged bribery of Indian officials.

NTPC Green Energy shares jump on debut, valuing firm at $12bn

28 November 2024

NTPC Green Energy, the renewable energy subsidiary of India's NTPC, saw its shares jump 11.9% on its trading debut on November 27, valuing the company at INR1.02 trillion ($12.08bn).

Excelerate Energy supplies two LNG cargoes to Bangladesh in November

28 November 2024

US-based Excelerate Energy delivered two liquefied natural gas (LNG) shipments to Bangladesh's state-run Petrobangla in November.

BP dishes out contracts for $7bn Tangguh LNG expansion in Indonesia

27 November 2024

BP has awarded multi-billion contracts to Japanese engineering and construction giant JGC and a partnership between Italy’s Saipem and Jakarta-based Meindo Elang for its Tangguh LNG expansion project in Indonesia.

Swiss power producer Axpo ponders Japanese LNG investment

27 November 2024

Axpo, a Baden-based power producer and trader, is reportedly exploring potential investments in Japan's electricity and LNG markets as the Northeast Asian country’s evolving power sector drives demand for hedging and spot LNG supply.

Deforestation in Brazil, Indonesia creates more CO2 emissions than fossil fuels

27 November 2024

About 90% of global CO2 emissions come from fossil fuels and industrial processes such as cement making, but in some countries land-use change is a greater contributor.

Shell Malaysia drives solar energy push following climate commitments

27 November 2024

Shell Malaysia has announced a groundbreaking solar energy initiative aimed at achieving net-zero emissions by 2050.

Keppel advances Singapore’s energy transition with hydrogen-ready power plant

27 November 2024

Singapore infrastructure company Keppel has installed a high-efficiency gas turbine at the Keppel Sakra Cogen Plant, Singapore’s first hydrogen-compatible cogeneration facility

Analysts urge caution on Singapore’s small modular reactor plans

27 November 2024

Singapore’s ambition to diversify its energy mix with small modular reactors (SMRs) faces skepticism from experts citing high costs, safety concerns and limited feasibility for the compact city-state,

Thai energy giant PTT setup carbon reduction efforts

27 November 2024

Thai energy giant PTT Plc is accelerating its efforts to reduce carbon dioxide emissions by adopting carbon capture technology and exploring hydrogen usage,

Amara Raja Infra launches India's first green hydrogen station at Leh

27 November 2024

Amara Raja Infra has launched India’s first green hydrogen refuelling station in Leh, Ladakh, the company announced on November 25

ADB extends $200mn loan to Sri Lanka for power projects

27 November 2024

The Asian Development Bank (ADB) has approved a $200mn loan to upgrade Sri Lanka’s power sector infrastructure, aiming to enhance the reliability of transmission and distribution networks while supporting greater integration of renewable energy.

India’s commercial coal mines achieve record single-day dispatch of 0.617mn tonnes

27 November 2024

India’s Ministry of Coal has announced a significant milestone in the country’s energy self-sufficiency efforts, with commercial coal mines recording their highest-ever single-day dispatch of 0.617mn tonnes on November 24.

Woodside’s Pluto LNG plant shut down due to fault in control system

26 November 2024

Australia’s Woodside Energy shut down the company’s Pluto LNG facility on November 25 because of a fault in the plant’s control system.

Indonesia’s former foreign minister Retno Marsudi joins Gurin Energy as non-executive director

26 November 2024

Retno Marsudi, Indonesia’s foreign minister from 2014 to 2024, has been appointed as a non-executive director at Gurin Energy, a Singapore-based renewable energy company

Philux Global Energy partners with Koastal Eco to boost renewable energy in Malaysia

26 November 2024

Philux Global Energy, a subsidiary of Philux Global Group Inc., has signed an agreement with Koastal Eco Industries (KEI), a Malaysian company, to distribute its advanced geomagnetic energy solutions in Malaysia

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