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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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Singapore’s Pluto Renewable Energy backs 100-MW wind power plant in Kazakhstan

20 November 2024

Alpha Wind LLP, a Kazakhstan-based entity owned by Singapore’s Pluto Renewable Energy Investment Pte Ltd., has secured a contract to construct a 100-megawatt (MW) wind power plant (WPP) in the Kostanay region.

Bangladesh High Court to form committee to look into Adani power deal

20 November 2024

The Bangladesh High Court has ordered the creation of a high-level investigative committee to reassess all electricity-related agreements with India’s Adani Group.

Pakistan's finance ministry approves winter tariff scheme

20 November 2024

Pakistan's Economic Coordination Committee (ECC) approved a new electricity tariff scheme aimed at addressing reduced demand and optimising power generation during the winter months

Indian Railways to conduct first trial of hydrogen-powered train

20 November 2024

The Indian Railways is set to conduct its first trial of a hydrogen-powered train next month on the Jind-Sonipat route in Haryana.

Poseidon Cables boosts Taiwan’s green future with key offshore wind deal

20 November 2024

Poseidon Cables has secured a pivotal contract with NCT Offshore, marking a major step forward in Taiwan’s ambitious renewable energy plans.

CHN Energy powers up 1 GW offshore solar project in China

20 November 2024

CHN Energy has officially launched its ambitious 1 GW offshore solar plant off the coast of Shandong Province, marking a significant milestone in China's renewable energy drive.

SK Gas and KNOC launch LNG terminal in South Korea

19 November 2024

Korea National Oil Company and its joint venture partner SK Gas have launched an LNG and oil terminal in Ulsan.

ACME Sun Power secure $440mn loan for renewable projects in India

19 November 2024

ACME Sun Power Private Ltd, a unit of ACME Solar Holdings Ltd, has secured INR37.53bn ($440mn) in a loan from government-owned infrastructure lender REC Ltd to develop firm and dispatchable renewable energy (FDRE) projects.

Thailand seeks Japanese expertise for green transition

19 November 2024

The Industrial Estate Authority of Thailand (IEAT) is collaborating with leading Japanese companies to accelerate the country's transition to a low-emission, circular economy

Pakistan's power generation up 7% in October

19 November 2024

Pakistan's power generation reached 10,262 GWh (13,793 MW) in October 2024, marking a 7% year-on-year (y/y) increase compared to October 2023.

Organix Energy, O.Creeds to develop waste-to-renewable natural gas projects in Bangladesh

19 November 2024

Canadian renewable energy firm Organix Energy and Dhaka-based consultancy O.Creeds have signed a memorandum of understanding (MoU) to develop waste-to-renewable natural gas (RNG) projects in Bangladesh.

Japan’s volume of LNG handled rises 1% in fiscal year

18 November 2024

Japanese companies have increased by 1% the volume of LNG handled in the fiscal 2023/24 year on the back of rising external trade.

Meralco teams up with France for nuclear power push in the Philippines

18 November 2024

MANILA Electric Co. (Meralco) is exploring the possibility of a major leap into nuclear power, announcing plans to collaborate with the French government on a feasibility study for a potential 1,200-megawatt conventional nuclear plant.

Indonesia secures $1.3bn green funding for clean energy development at COP29

18 November 2024

Indonesia has secured IDR20.18 trillion ($1.3bn) in green funding to support clean energy development, announced during the UN Climate Summit (COP29) held in Baku, Azerbaijan

PPL announces gas discovery in Pakistan's Sindh

18 November 2024

Pakistan Petroleum Ltd (PPL) has announced a significant gas and condensate discovery in the Shah Bandar Block, located in Sujawal, Sindh.

India to set up renewable energy task force

17 November 2024

Indian Union Minister for New and Renewable Energy, Pralhad Joshi, announced last week that the Indian government will establish a dedicated task force to achieve the target of 500 GW of renewable energy capacity by 2030.

India to drive 25% of global energy demand growth, says minister

17 November 2024

India is projected to account for 25% of the global increase in energy consumption over the next two decades, Petroleum Minister Hardeep Singh Puri stated on November 15 at an industry event.

Singapore to reach peak emissions in 2028

15 November 2024

Singapore has set a timeline to reach peak greenhouse gas emissions of 64.43mn tonnes (Mt) in 2028, according to its first biennial transparency report submitted to the United Nations on November 11, coinciding with the COP29 climate conference.

Indonesia mulls reforming electricity subsidies to prevent losses

15 November 2024

ndonesia may be losing up to IDR1.2 trillion ($75.5mn) each month due to misallocated electricity subsidies, according to the National Strategy for Corruption Prevention (Stranas PK).

SRE takes bold step forward with 800 MW offshore wind project in Taiwan

15 November 2024

Synera Renewable Energy Group (SRE Group) has formally submitted the administrative contract for the 800 MW Formosa 6 offshore wind project to Taiwan's Energy Administration.

Indonesia gains US support to accelerate small nuclear reactor project

15 November 2024

President Prabowo Subianto has garnered US President Joe Biden's backing to advance a feasibility study for developing a small modular nuclear reactor in Indonesia.

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