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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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Gas demand in India likely to reach 113 bcm by 2040, says Rystad Energy

6 November 2024

Natural gas demand in India is forecast to reach 113.7 bcm by 2040, according to energy research company Rystad Energy. This is nearly double the 65 bcm the country used in 2023, a new report on India’s gas status says.

Chinese solar firms are setting up in Indonesia and Laos to avoid US tariffs

6 November 2024

China is the world’s main supplier of solar components, and stringent US import tariffs have been imposed on its solar cells and modules because of alleged unfair trade practices.

Indonesia’s energy security now classified as resilient, ministry reports

6 November 2024

Indonesia’s energy security has been classified as resilient, according to the Ministry of Energy and Mineral Resources (ESDM).

China pushes for carbon border tax talks at COP29, raising tensions on global trade

6 November 2024

As the COP29 climate summit approaches, China has submitted a proposal to the UN, requesting that trade-related climate measures, such as carbon border taxes, be added to the summit's agenda

LNG prices stabilise, offering relief for Thai electricity bills

6 November 2024

Thailand's Electricity Generating Authority of Thailand (EGAT) has indicated that liquefied natural gas (LNG) prices are likely to remain stable in early 2025, potentially easing pressure on electricity tariffs

Indonesia and France forge partnership to accelerate green energy transition

6 November 2024

The Indonesian government, through its Ministry of Energy and Mineral Resources (ESDM), has launched a partnership with the Agence Française de Développement (AFD) to advance climate action and facilitate Indonesia’s shift to sustainable energy.

PLN Indonesia Power launches solar panel factory

6 November 2024

PLN Indonesia Power (PLN IP), in collaboration with its joint venture PT Trina Mas Agra Indonesia (TMAI), inaugurated a new solar panel factory in Kendal, Central Java, on November 1.

India's installed solar capacity touches 90 GW

6 November 2024

India reached 90 GW of installed solar capacity last month, advancing towards its broader aim of 500 GW of renewable energy by 2030.

Indonesia advances seaweed-based biofuel as key energy initiative

6 November 2024

The Indonesian government, led by Minister of Investment and Downstream Industry Rosan P. Roeslani, has launched an initiative to convert seaweed into bio-aviation fuel (bioavtur) as part of its broader strategy.

India's Ashish Khanna to lead International Solar Alliance

6 November 2024

India's Ashish Khanna has been appointed director general of the International Solar Alliance (ISA) at the ISA assembly held in New Delhi, the Indian government announced on November 4.

Sri Lanka halts Ceylon Electricity Board privatisation

6 November 2024

Sri Lanka’s new National People's Power (NPP) government has repealed the Electricity Act introduced in June under former President Ranil Wickremesinghe’s administration, marking a significant shift in its approach to state-owned enterprises.

China's CAP1400 reactor powers up towards clean energy dominance

5 November 2024

China has marked a major milestone in its nuclear energy ambitions with the successful connection of its first CAP1400 reactor to the grid.

NTPC, ONGC form joint venture to develop clean energy projects in India

5 November 2024

India’s state-owned power giant NTPC and oil and gas firm ONGC have teamed up through their green energy subsidiaries, NTPC Green Energy Limited (NGEL) and ONGC Green Energy Limited (OGL), to expand their interests in renewable and new energy.

Bangladesh moves to settle Adani Power dues

5 November 2024

Bangladesh is hastening to settle over $800mn owed to Adani Power ahead of a November 7 deadline, after the Indian company cut electricity exports to the country by more than half.

Gensol Engineering secures solar power project in India's Maharashtra

5 November 2024

Mumbai-listed Gensol Engineering, a renewable energy firm specialising in solar power engineering, procurement, and construction (EPC) services, has secured a turnkey EPC order for a solar PV power plant in Maharashtra.

Europe risks falling behind as China accelerates decarbonisation drive

4 November 2024

As the world pivots towards sustainable energy, the recent launch of the second edition of Supergrid Super Solution in Brussels has raised crucial questions about Europe’s energy strategy.

South Korea's nuclear renaissance: new reactors signal energy independence

4 November 2024

South Korea is poised for a significant shift in its energy landscape with the recent ceremonies marking the completion of the Shin Hanul nuclear power plant’s units 1 and 2, alongside the groundbreaking for units 3 and 4.

Vietnam aims for 30% electric vehicles by 2030

4 November 2024

Vietnam's Ministry of Transport has set an ambitious target of electrifying 30% of cars and 22% of motorbikes by 2030 as part of a broader plan to reduce greenhouse gas emissions in the transport sector

Onagawa reactor pauses just days after historic restart in Japan

4 November 2024

A nuclear reactor in northeastern Japan has been temporarily halted for checks just days after making headlines for being the first to restart in the region since the catastrophic earthquake and tsunami of 2011.

South Korea and Qatar forge stronger energy ties amid geopolitical uncertainty

4 November 2024

South Korea and Qatar have committed to enhancing their cooperation in energy supplies, even as geopolitical tensions loom large.

India’s Adani Power halves electricity supply to Bangladesh citing unpaid bills

4 November 2024

India’s Adani Power has halved its electricity supply to Bangladesh, citing unpaid bills.

Bangladesh announces tax incentives for renewable energy-based power projects

4 November 2024

Bangladesh has introduced a 10-year tax incentive to promote investments in renewable energy-based power facilities, aiming to boost clean energy generation.

India’s coal production in October up 7.48%

4 November 2024

ndia’s coal production in October reached 84.45mn tonnes, up 7.48% year-on-year, as per the latest data from the Ministry of Coal.

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