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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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NTPC to launch 2,800-MW nuclear project in India's Rajasthan

26 August 2025

NTPC Ltd, the Indian state-run power major, is preparing to make its formal entry into nuclear energy with the foundation stone for a 2,800-MW project at Banswara in Rajasthan scheduled for next month

Taiwan Power expects profits after lower fuel costs

26 August 2025

Taiwan Power Company (Taipower), the state-owned electricity provider, indicated yesterday that a financial recovery this year is “highly possible” following profit gains recorded in May, aided by lower fuel expenses.

Mitsubishi Fuso and Foxconn team up to develop electric buses in Japan

26 August 2025

Mitsubishi Fuso Truck and Bus Corporation and Taiwan-based electronics firm Foxconn have announced a partnership to jointly develop and market electric buses in Japan.

Monsoon rains help ease Indian power prices

25 August 2025

Power prices on Indian exchanges declined in August, with both the day-ahead market (DAM) and the real-time market (RTM) trading lower compared with last year, as heavy monsoon rains boosted supply while milder weather curbed demand

South Korea eyes nuclear cooperation during Lee’s US visit

25 August 2025

South Korea is positioning its nuclear expertise as leverage ahead of President Lee Jae Myung’s 25 August summit with US President Donald Trump, where a potential nuclear energy partnership is expected to be discussed.

Cambodia cuts road tax to boost electric vehicle use

25 August 2025

Cambodia has reduced the road tax for electric vehicles (EVs) in an effort to encourage adoption and support its green transport strategy

Laos looks to hydropower to fuel digital mining sector

25 August 2025

Laos is considering digital asset mining as a new way to utilise its surplus hydropower, with officials presenting the sector

Taiwan’s vote to switch on nuclear power falls short

24 August 2025

A total of 4.34mn (74.2%) people supported restarting the Third Nuclear Power Plant, compared with the 1.51mn (25.8%) who opposed, but the vote required at least a quarter of all eligible citizens (5mn) in favour to pass.

Enmas EPC Power in India secures first funding to back clean energy growth

23 August 2025

Enmas EPC Power Projects Limited has raised $6.5mn in its first external funding round, marking a significant step in its bid to scale operations in the clean energy sector.

India’s Jupiter International to build major solar facility in Maharashtra

23 August 2025

Kolkata-based Jupiter International Limited has reached an agreement with the Maharashtra government to set up a large-scale solar manufacturing complex in Nagpur district.

India’s SJVN profits fall despite rise in revenue

23 August 2025

The company recorded a net profit of INR2.28bn ($26.1mn) for the April to June period, down more than a third compared with the INR3.57bn achieved in the same quarter last year.

Auxiliary structure completed at China’s Lianjiang nuclear project

23 August 2025

The Lianjiang facility is designed to host six CAP1000 reactors, China’s domestically developed version of the Westinghouse AP1000.

Japanese offshore wind sector boosted by new digital partnership

22 August 2025

The collaboration will see ERE adopt Shoreline’s digital tools across its existing offshore projects.

Bangladesh’s rooftop solar ambitions face tight deadlines and systemic challenges

22 August 2025

Bangladesh’s ambitious target of adding 3,000 megawatts (MW) of rooftop solar capacity by December 2025 risks falling short due to technical, financial and institutional hurdles, according to a new report

Mubadala nears key engineering awards for Indonesia’s Andaman gas project

22 August 2025

Abu Dhabi’s Mubadala Energy is approaching a critical stage in its Indonesian operations as it moves closer to awarding front-end engineering and design (FEED) contracts for its deepwater Andaman Sea gas development

Osaka Gas launches first large-scale battery project with partners, sets 1GW goal by FY2030

22 August 2025

Osaka Gas, together with Itochu and Tokyo Century, has inaugurated the Senri Power Storage Station in Suita City, Osaka Prefecture.

Sri Lanka to build two battery power plants by 2027

22 August 2025

Sri Lanka will construct two large-scale battery power plants with a combined capacity of 260 MW in 2026 and 2027 as part of efforts to strengthen energy security and prevent nationwide outages

Taiwan’s solar revolution faces persistent challenges

21 August 2025

Analysts see national projections as doubtful at best given finite land resources, societal friction and the levels of corruption at the local level to get projects started.

Transmission project agreed in India’s Madhya Pradesh

21 August 2025

The development will facilitate power transfer from 2.5 GW of renewable capacity situated in the Rajgarh and Neemuch special economic zones, where projects of 1,500 MW and 1,000 MW respectively are under way.

New partnership to increase scope of renewables projects in Malaysia

21 August 2025

The two companies signed a memorandum of understanding setting out a framework for cooperation in areas such as grid access, permitting, technical planning and engagement with local communities.

Korea’s KEPCO to get a slice of new Saudi solar project

21 August 2025

A consortium led by Masdar has reached financial close on a major solar power development in Saudi Arabia, marking a significant step in the kingdom’s renewable energy drive.

PetroVietnam ready to start thermal power project construction

21 August 2025

The O Mon 4 plant forms part of the wider Block B–O Mon gas-to-power project, a strategic initiative designed to tap domestic offshore gas reserves for electricity generation.

Vietnam to introduce E10 biofuel nationwide from 2026

21 August 2025

To support the transition, the MoIT will request the Ministry of Finance to propose adjustments to the environmental tax regime, with the aim of reflecting the lower greenhouse gas emissions associated with biofuels.

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