AsiaElec - Asia Power

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Power

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Overview

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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Adani Energy secures $2.9bn power project in India

23 January 2025

Adani Energy Solutions Ltd (AESL), a subsidiary of the Adani Group and one of India’s leading private transmission and distribution companies, has secured a record-breaking INR250bn ($2.9bn) High Voltage Direct Current (HVDC) project

British International Investment launches renewable energy venture in Southeast Asia

23 January 2025

British International Investment (BII), the UK's development finance institution, has partnered with Dutch development bank FMO and Swiss infrastructure investment manager SUSI Partners to establish a renewable energy joint venture in Southeast Asia

CNOOC sets ambitious 2025 production target, boosts dividend pledge

23 January 2025

China’s offshore oil and gas giant, CNOOC, has raised its 2025 production forecast, aiming for a record output.

India’s Maharashtra state signs investment deals worth $188.7bn at Davos

23 January 2025

The government of Maharashtra state in India, finalised 54 investment agreements valued at $188.7bn during the World Economic Forum (WEF) Annual Meeting 2025 in Davos, according to a statement from the state Chief Minister’s Office.

India open to buying more oil and gas from US, minister says

23 January 2025

India would welcome additional oil and gas supplies entering the market, particularly from the United States under President Donald Trump, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri stated

India’s non-fossil fuel energy capacity hits 217.62 GW

23 January 2025

India’s total non-fossil fuel energy capacity reached 217.62 GW as of January 20, the government announced on January 22, highlighting a strong push towards renewable energy in 2024.

INTERVIEW: REnergy Dynamics eyes 175 tonnes per day in compressed biogas projects in India

23 January 2025

India’s Noida-based clean energy company REnergy Dynamics expects to develop compressed bio-gas (CBG) projects with a combined capacity of 175 tonnes per day (tpd) in the near future

Asia's gas industry welcomes Trump's lifting of LNG approval pause

22 January 2025

“The resumption of US LNG export approvals is welcomed by every country in Asia,” ANGEA CEO Paul Everingham said.

Taiwan’s LNG policy faces environmental, safety criticism

22 January 2025

Taiwan’s push to increase LNG infrastructure by adding a proposed fourth LNG terminal, near the port city of Keelung in the north of the country, has drawn criticism from environmental groups and local stakeholders.

Madhya Pradesh state to provide 170-MW solar power to Indian Railways

22 January 2025

Madhya Pradesh will provide 170 MW of solar energy to Indian Railways, Chief Minister Mohan Yadav announced on X

Renewable energy to hold steady at 21% of India's energy mix in FY25

22 January 2025

India Ratings and Research (Ind-Ra) predicts that renewable energy, including large hydro, will hold steady at 21% of the country's energy mix in FY25, with the remainder coming primarily from thermal power

Hong Kong firm to build 150-MW wind power plant in Cambodia

22 January 2025

Hong Kong-based HK OASIS Power Energy Development Co., Ltd. has received approval from Cambodia's government to build a 150-megawatt wind power plant in Mondulkiri province, the Council for the Development of Cambodia (CDC) said on January 17

Chinese power projects under CPEC leave Pakistan struggling with debt

22 January 2025

The China-Pakistan Economic Corridor (CPEC), once hailed as a transformative initiative for Pakistan’s economy, has left the nation grappling with substantial debt and soaring electricity costs.

Carbon capture in Indonesia set to boost economy and jobs

21 January 2025

The adoption of carbon capture and storage (CCS) technology in Indonesia could contribute significantly to economic growth, creating up to 170,000 jobs annually

Indonesia’s largest floating solar power plant to begin operations in 2027

21 January 2025

PT PLN Indonesia Power (PLN IP) has announced that the 50-megawatt (MW) floating solar power plant (PLTS) on Lake Singkarak, West Sumatra, is scheduled to commence operations in 2027

Traders divert six US LNG cargoes from Asia to Europe

21 January 2025

Higher European prices and poor demand in Asia for LNG have resulted in traders diverting at least six US LNG cargoes already this month.

China raises imports of Russian LNG by 3.3% in 2024

21 January 2025

China has increased its reliance on Russian LNG with imports rising 3.3% to reach 8.3mn tonnes in 2024.

Manila moves to become Asia-Pacific LNG hub

21 January 2025

President Ferdinand R. Marcos Jr. of The Philippines has signed Republic Act (RA) No. 12120, officially known as the Philippine Natural Gas Industry Development Act, marking a significant milestone in the nation’s energy sector.

Japan’s nuclear power generation up by 9.6% in 2024, more expansion on the horizon

21 January 2025

Japan’s nuclear power sector experienced notable growth in 2024, with electricity generation rising by 9.6% to 88.87 terawatt-hours, marking a significant step in the country’s energy landscape.

Construction complete at Rooppur NPP in Bangladesh, tests begin

21 January 2025

The staff and administrators at Bangladesh’s Rooppur Nuclear Power Plant have initiated testing on the first power unit following the completion of construction and assembly work.

BYD targets 2025 completion for $1bn Indonesia EV plant

21 January 2025

China's leading electric vehicle (EV) manufacturer, BYD, is set to complete its $1bn plant in Indonesia by the end of 2025

Cost of electricity generation in Pakistan drops 10% in December

21 January 2025

The cost of electricity generation in Pakistan dropped by 10% year-on-year (y/y) to an average of PKR9.09 ($0.033) per kWh in December 2024, down from PKR10.13 per kWh in December 2023

Vietnam, Denmark review energy partnership progress, set 2025-2026 goals

20 January 2025

The fourth Steering Committee meeting for the Denmark-Vietnam Energy Partnership Program (DEPP3) was held to review 2024 achievements and outline plans for 2025-2026

Singapore’s Sembcorp signs MoUs with India's Odisha to explore green hydrogen, industrial park development

20 January 2025

Singapore’s Sembcorp Industries (Sembcorp), through its wholly-owned subsidiaries Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Ltd, has signed two non-binding memoranda of understanding with the Indian state

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