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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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Saatvik Green Energy secures $36mn contract from Maharashtra State Power Generation

16 October 2024

Saatvik Green Energy Limited, a prominent Indian photovoltaic (PV) manufacturer, has secured a contract worth INR3.02bn ($36.4mn) from Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its N-TOPCon 580Wp modules.

EverEnviro, IndianOil to develop compressed biogas projects

16 October 2024

Gurugram-based EverEnviro Resource Management has signed a joint venture agreement with the state-owned energy major IndianOil Corporation to promote the adoption of compressed biogas (CBG) across India.

Japan pursues policies for emission reductions with ASEAN, foreign partners

15 October 2024

During the last month, Japan has entered new agreements and programmes designed to reduce carbon dioxide emissions in line with policies approved by the government through its Green Growth Strategy launched in October 2020.

Meralco and Samsung C&T forge nuclear partnership to power Philippines’ energy future

15 October 2024

In a landmark move to bolster the Philippines’ energy landscape, Manila Electric Co. (Meralco) has entered into a memorandum of understanding (MOU) with South Korea’s Samsung C&T Corporation Engineering & Construction.

Gensol Engineering wins rooftop solar project in Dubai

15 October 2024

Mumbai-listed Gensol Engineering Limited has secured a contract from a UAE-based clean energy developer to design, construct, and manage the long-term operation and maintenance of rooftop solar photovoltaic (PV) systems.

Indonesia’s biomass push threatens wildlife

15 October 2024

Indonesia's efforts to expand the use of biomass in its energy mix and exports are accelerating deforestation, particularly in critical habitats for endangered species such as orangutans, according to a recent report from environmental groups.

JSW Energy pens power purchase agreement with NTPC

15 October 2024

Mumbai-listed JSW Energy has signed a power purchase agreement (PPA) with Indian state-owned power company NTPC for a solar capacity of 700 MW, it said on October 14.

ONGC plans to develop small-scale LNG plants in India

15 October 2024

Indian state-owned energy company ONGC has invited expressions of interest (EoI) from solutions providers for setting up five small-scale LNG plants to tap stranded natural gas.

India’s total renewable energy capacity crosses 200-GW milestone

15 October 2024

According to the Central Electricity Authority, the total renewable energy-based electricity generation capacity now stands at 201.45 GW, the Indian government said on October 14.

Chinese firms mull solar power investment in Cambodia

15 October 2024

Six Chinese companies are considering investing in Cambodia's solar energy sector and have sought government support, a Cambodian official said on October 14

Vietnam approves pricing framework for electricity imports from Laos

14 October 2024

Vietnam's Ministry of Industry and Trade has approved a pricing framework for importing electricity from Laos, which will take effect on December 31, 2025, Tuoi Tre News reported.

Pakistan to build rail link to connect Thar coal mines to Port Qasim

14 October 2024

Pakistan Railways (PR) is planning to build a 105-kilometre railway line that will connect Thar coal mines in Sindh with the Port Qasim near Karachi.

Bangladesh to retain power purchase deal with Adani Power

13 October 2024

Dhaka is expected to maintain its power purchase agreement with India’s Adani Power despite concerns over pricing, due to supply issues and limited prospects for a successful legal challenge.

India earmarks $60mn for innovative solar rooftop projects

13 October 2024

India’s Ministry of New and Renewable Energy (MNRE) announced guidelines on October 8 for the implementation of ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana.

Oman LNG agrees to 4-year supply deal with Japan’s Kansai Electric Power

12 October 2024

State-run Oman LNG has agreed to a four-year supply deal with Japanese utility Kansai Electric Power.

Singapore launches initiatives for clean energy adoption

11 October 2024

On October 10, Singapore launched the Sustainability Alliance, aimed at helping companies, particularly small and medium-sized enterprises (SMEs), adopt clean energy technologies and reduce waste and greenhouse gas emissions

Hyundai expands hydrogen initiatives with Singapore

11 October 2024

Hyundai Motor Group is making significant strides in the realm of sustainable energy and manufacturing by launching a joint research and development initiative with Singapore.

Indian Renewable Energy Development Agency reports 36% jump in September quarter profit

11 October 2024

State-owned Indian Renewable Energy Development Agency Ltd. (IREDA) on October 10 reported a net profit of INR3.97bn ($0.05bn) for the quarter ended September 30, up 36.18% year-on-year (y/y).

Suzlon, Jindal Renewables sign wind energy deal

11 October 2024

Pune-based renewable energy company Suzlon Group has signed a deal to supply wind turbine generators to JSP Green Wind 1 as part of the 400-MW order for captive consumption in steel plants in the Indian states of Chhattisgarh and Odisha.

West Australia should "prepare for storm" of gas supply shortfall in early 2030s

10 October 2024

Western Australia’s decision to allow the export of more onshore gas production this decade does not endanger domestic supply and will spur upstream investment, Adelaide-based consultancy EnergyQuest said in a report this month.

JERA secures $1.5bn credit facility for LNG operations

10 October 2024

The Singapore-based trading arm of Japan’s JERA has secured a one-year syndicated revolving credit facility worth $1.495bn to support its LNG trading operations.

LBS Bina awards $24.2mn contract to Solarvest for 43-MWp solar farm

10 October 2024

Property developer LBS Bina Group Bhd has granted renewable energy firm Solarvest Holdings Bhd a contract worth MYR104mn ($24.2mn) to construct a 43-MWp solar farm in Senawang, Negeri Sembilan

NPCIL plans to build small nuclear plants for private players in India

10 October 2024

The Nuclear Power Corporation of India (NPCIL) plans to run small nuclear plants with a capacity of 220 MW for private players.

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