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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.
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MOL of Japan takes full ownership of LNG Rose Shipping for $32mn
Mitsui OSK Lines (MOL) has announced its decision to acquire the full 50% stake owned by Itochu Corporation in LNG Rose Shipping. In doing so it will make the LNG carrier company a wholly owned subsidiary of MOL.
India's coal sector achieves significant production and dispatch growth in June 2024
India's coal production in June 2024 surged to 84.63mn metric tonnes
Pakistan looks to renegotiate existing LNG deals with Qatar
The government of Pakistan plans to seek Qatar's permission to sell LNG cargoes on the spot market if domestic demand decreases, a senior official from the nation’s Ministry of Energy revealed on June 28
New Indian LNG terminal builds to see increased regulation
The Petroleum and Natural Gas Regulatory Board of India has issued a preliminary draft with the intention of limiting control over the county’s LNG terminals.
India's power demand projected to surpass 400 GW by 2032
Speaking at a conference, India's Power Secretary Pankaj Agarwal highlighted projections indicating that India's peak power demand could exceed 400 GW by the FY2031-2032
India holds consultation on new coal and lignite mining guidelines
India's Coal Ministry convened a stakeholders's consultation gathering 25 coal and lignite mining entities, including public sector undertakings (PSUs), captive as well as commercial miners, and representatives from Indian states
Taiwan could be headed for a 60% renewables and nuclear power mix
Taiwan’s energy mix should comprise a 30% renewable energy and 30% nuclear power mix, according to Pegatron Group Chairman Tung Tzu-hsien
B.Grimm Power bolsters Italian solar presence with acquisition
B.Grimm Power Public Company Limited (SET: BGRIM) strengthens its commitment to renewable energy, acquiring all shares in LT09 Srl, an Italian solar power operator
Laos grapples with surge in electricity demand, crypto mining strains grid
Laos's electricity sector is struggling to keep pace with a booming domestic demand fueled in part by cryptocurrency mining.
India's domestic coal output surges slashing import reliance
India, leveraging the world's fifth-largest coal reserves, has significantly boosted its domestic coal production over the past decade, reducing its dependence on imports
Cambodia steps on the gas in renewable energy transition
Cambodia is accelerating its shift towards clean energy sources, aiming to meet rising energy demands, combat climate change, and attract new investments,
Laos pushes forward with $184mn dam project despite environmental concerns
Laos is moving ahead with plans to construct a new dam on the Nam Neun River in its northern region, despite concerns surrounding environmental impact
Indonesia targets B40 biodiesel programme implementation by 2025
The Ministry of Energy and Mineral Resources is targeting the implementation of the mandatory B40 biodiesel program, a blend of diesel fuel with 40% palm oil-based biofuel, by 2025
BCPG exits Japan solar market, redeploys funds for higher-return renewables
BCPG Public Company Limited has completed the sale of its entire Japanese solar power portfolio for THB10bn (approximately $281mn), the company announced on June 27
Japan's NRA approves long-term operation for Ohi reactors
Japan's nuclear regulator has granted Kansai Electric Power Company permission to extend the operational life of units 3 and 4 at the Ohi nuclear power plant in Fukui Prefecture for another decade
CIP’s latest offshore wind farm in Taiwan begins power generation
The Zhong Neng offshore wind farm in Taiwan, a collaborative project between Taiwan’s China Steel Corporation and Danish fund manager Copenhagen Infrastructure Partners, has started producing its first power
New and renewable energy bill nears final stage
The discussion on the New and Renewable Energy Bill (RUU EBET) is nearing its final stage
Genting awards $1bn FLNG deal to Wison New Energies
Malaysia’s Kuala Lumpur-based Genting has awarded a $1bn contract to China’s Wison New Energies for the construction of a floating liquefied natural gas facility, to be stationed at Teluk Bintuni in West Papua.
Putin hints at increased Russian energy deals with Vietnam
Russian President Vladimir Putin has expressed interest in enhancing energy and security collaboration with Vietnam.
Vietnam explores rooftop solar solutions, eyes purchase of excess power
Vietnam is taking steps to incentivise rooftop solar power installations while exploring mechanisms for buying excess electricity generated by these systems.
Regional governor in the Philippines behind firm that stands to benefit from LNG expansion
A recent investigation has revealed that a prominent Philippine politician, who has vigorously promoted the use of natural gas in the country, has links to a company poised to gain significantly from its development
Thailand looks to renew biomass power contracts, reduce costs
Thailand's National Energy Policy Committee has approved a plan to offer renewed contracts to existing biomass power plants, aiming to generate additional electricity at a lower cost.
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