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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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Pakistan asks Qatar to reschedule LNG cargoes to 2026

28 October 2024

Pakistan has formally requested QatarEnergy to reschedule delivery of five LNG cargoes from 2025 to 2026 as the Asian country is experiencing a dip in demand for regasified LNG.

Solex Energy, State Bank of India to finance solar projects across India

28 October 2024

Solex Energy has joined forces with the State Bank of India (SBI) to offer financing options for solar projects across India, Solex announced on October 26.

NTPC, Indian Army to establish solar hydrogen-based microgrid in Ladakh

28 October 2024

Indian state-owned power company NTPC has partnered with the Indian Army to establish a solar hydrogen-based microgrid in Chushul, Ladakh, the government of India announced on October 25.

TeaM Energy hands over Sual coal plant to the Philippine government

28 October 2024

TeaM Energy Corp. has officially transferred the 1,200-MW Sual Coal Fired Thermal Power Plant (CFTPP) to the Philippine government, marking a significant milestone in the energy sector.

GAIL, Verbio to develop bio-CNG projects in India

28 October 2024

GAIL, a state-owned gas company, and Verbio India, a subsidiary of the German biofuels firm Verbio, have signed a memorandum of understanding (MoU) to jointly develop agricultural residue-based compressed biogas (CBG) or bio-CNG plants in India.

India eyes small modular reactors to boost clean energy transition

25 October 2024

The government’s strategy has identified the role of nuclear power in the overall energy mix and new technologies such as small nuclear reactors (SMRs) to make the clean energy transition.

NLC India signs energy joint venture agreements with Rajasthan

25 October 2024

Indian government-owned NLC India has entered into joint venture agreements for formation of two joint ventures with Rajasthan state government-owned Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL).

Power generation in Pakistan in September down 6%

25 October 2024

Power generation in Pakistan in September stood at 12,487 GWh (17,343 MW), marking a 6% year-on-year (y/y) decline.

Sembcorp and PT PLN Indonesia partner on Southeast Asia's largest green hydrogen project

24 October 2024

Sembcorp Industries, via its subsidiary Sembcorp Utilities, has entered into a joint development agreement (JDA) with PT PLN Energi Primer Indonesia, a subsidiary of PT PLN (Persero), to establish a green hydrogen production facility in Sumatra.

Vietnam sets EVN as sole buyer for surplus rooftop solar

24 October 2024

Vietnam's government has rolled out a new policy draft for rooftop solar energy, making state-owned Vietnam Electricity (EVN) the sole buyer of surplus electricity generated from grid-connected installations

Petronas and Japanese consortium advance carbon capture project in Malaysia

24 October 2024

A carbon capture and storage (CCS) project by Petroliam Nasional Bhd (Petronas) and its international partners is moving forward, with a consortium of Japanese companies securing the engineering design contract.

JSW Energy signs solar PPA with Solar Energy Corporation of India

24 October 2024

JSW Renew Energy Eleven Limited, a subsidiary of JSW Energy, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 700-MW solar power project.

BRICS boosts nuclear energy collaboration among member nations

23 October 2024

Top executives from BRICS+ nuclear enterprises have launched an Atomic Energy Platform, with the goal of advancing best practices and cutting-edge nuclear technologies for peaceful applications within member nations.

Adani Green Energy reports 39% jump in Q2FY25 profit

23 October 2024

Adani Green Energy, India's leading renewable energy company, reported a net profit of INR5.15bn ($61mn) for the quarter ending September 2024 (Q2FY25), marking a 39% year-on-year (y/y) increase.

Citicore partners with Levanta to ignite wind energy in the Philippines

23 October 2024

Citicore Renewable Energy Corp. (CREC) has announced a significant collaboration with Levanta Renewables, a prominent player in Southeast Asia's renewable energy sector backed by Actis

Samart Group ventures into green tech and carbon credits

23 October 2024

Samart Group is expanding into green tech energy and carbon credit businesses to capitalise on these global megatrends

Singaporean investment company Temasek shifts focus to sustainable investments

23 October 2024

Temasek, Singapore's state investment company, is prioritising businesses with robust decarbonisation strategies and sustainable practices as part of its long-term growth strategy.

Singapore greenlights solar power imports from Australia

23 October 2024

Singapore’s Energy Market Authority (EMA) has granted conditional approval for Sun Cable’s proposal to import 1.75GW of low-carbon electricity from Australia

Colombo secures $30mn ADB grant for hydroelectric project

23 October 2024

The Asian Development Bank (ADB) has approved a $30mn grant to Sri Lanka to complete the Moragolla hydroelectric project and further develop renewable energy initiatives.

Global electricity demand is surging faster than expected, warns IEA

22 October 2024

The International Energy Agency (IEA) suggests that global electricity demand is surging faster than expected and that keeping climate change in check may thus become harder.

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