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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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Pertamina Patra Niaga expands petrochemical portfolio with methanol ventures
PT Pertamina Patra Niaga, a subsidiary of the state-owned energy behemoth Pertamina, is embarking on a diversification of its portfolio, venturing into methanol products
Indonesia’s Ministry of Energy and Mineral Resources initiates reauction of eight mineral and coal mining blocks
The Ministry of Energy and Mineral Resources, in collaboration with the Directorate General of Mineral and Coal, is launching a strategic initiative to reauction eight areas of mineral and coal mining business licences
Chinese solar firms power up Vietnam's renewable energy ambitions
Vietnam's renewable energy sector is attracting significant investments from Chinese companies,
Chinese power firm GCL pivots to LNG
Private Chinese power company GCL Holdings is shifting its focus from solar power to LNG.
Vietnam secures Mitsui investment in the Block B gas-to-power project
Japan’s Mitsui Oil Exploration Company Ltd (MOECO) has agreed to invest in the Block B Project in southern Vietnam that entails developing an offshore gas field and linking it by pipeline to a gas-fired power plant complex, costing around $740mn.
Nexif Ratch prepares to assess wind power potential in Vietnam's Binh Dinh Province
Singaporean-Thai joint venture Nexif Ratch Energy Group is inching closer to developing a 150-MW wind farm in Vietnam's central province of Binh Dinh
PLN EPI and Indokorea gas consortium forge alliance to revolutionise Indonesia's energy sector
PT PLN Energi Primer Indonesia has embarked on a journey to reshape Indonesia's energy landscape, focusing on the development of midstream liquefied natural gas infrastructure in the Nusa Tenggara region
Indonesia invites global collaboration for 4th generation nuclear reactor development
The Indonesian National Research and Innovation Agency has extended invitations to global nuclear industry stakeholders to collaborate on developing 4th Generation nuclear reactors in Indonesia
JBIC funds to help bolster Japan’s LNG supply
Indian refiner IOC boosts investment in Chennai Refinery project amid cost escalation
Indian Oil Corporation, a state-controlled refiner, has announced a significant increase in the cost of constructing a refinery in Chennai, located in the southern state of Tamil Nadu.
India's power consumption growth slows to 1.4% in March, pleasant weather cited
According to government data, India's power consumption growth remained subdued in March, registering a modest increase of 1.4% to 129.89bn units compared to the same period last year.
Litro Gas in Sri Lanka slashes prices amid strengthening rupee and efficient stock management
Litro Gas in Sri Lanka has announced price cuts for liquefied petroleum gas, attributed to a stronger rupee and improved stock management practices.
Gunvor and Pakistan reach settlement on contracted cargoes
Swiss-based commodities trader Gunvor has settled its dispute with state-run Pakistan LNG concerning contracted LNG cargo deliveries, the company revealed.
Indian Oil Corporation and Panasonic Energy form joint venture for lithium-ion battery production in India
Indian Oil Corporation Limited and Panasonic Energy Company Limited have inked a binding term sheet to outline the framework for establishing a joint venture focused on manufacturing cylindrical lithium-ion cells in India
Indonesian petrochemical megaproject faces stalling risk amid gas pricing concerns
The Indonesian Olefin, Aromatic, and Plastic Industry Association have issued a warning signalling the potential stall of a petrochemical megaproject, emphasising that the national GDP contribution of $2.8bn per year could be jeopardised
Tsingshan Group's battery unit to construct factory in Indonesia
Tsingshan Holding Group Co.'s subsidiary, the leading global nickel producer, has unveiled plans to establish a battery factory in Indonesia, marking China's latest endeavour to enhance the Southeast Asian nation's economy
Australia unveils watered-down draft fuel efficiency standards
Australia’s Albanese government has unveiled watered-down draft legislation on fuel efficiency standards for new passenger and light commercial vehicles.
Indonesia’s PT RMK Energy forms coal trading collaboration with PT Atlas Resource to boost operational performance
Bangladesh extends electricity procurement timeline for gas-based power plants
The Cabinet Committee on Government Purchase has decided to extend the timeframe for procuring electricity from three gas-based power plants operated by Summit Power Limited by an additional five years
Indonesia and US forge clean energy partnership, aim for renewable energy goals
The Indonesian government, in collaboration with the Ministry of Energy and Mineral Resources, has signed a Memorandum of Understanding with the United States, establishing the Clean Energy Working Group Indonesia-US
State-owned PT Antam aims for battery ecosystem advancement with industrial park construction by 2025
PT Aneka Tambang, a state-owned nickel and gold mining firm, is gearing up for the establishment of an industrial park dedicated to battery ecosystem development
Denmark's CIP and COP propose $1.3bn offshore wind energy investment in Bangladesh
Danish firms Copenhagen Infrastructure Partners and Copenhagen Offshore Partners have presented a $1.3bn investment proposition to the government of Bangladesh, aiming to generate 500 megawatts of offshore wind energy
Western Australia ponders uranium mining restart
A 12-month inquiry by Western Australia's Chamber of Commerce and Industry (CCIWA) has revealed that restarting uranium mining in the region could potentially generate up to 9,000 jobs and yield uranium valued at over AUD1bn annually.
Bangladesh's energy sector receives $1.4bn boost from International Islamic Trade Finance Corp
Bangladesh's energy infrastructure is set for significant advancement following the announcement by the Jeddah-based International Islamic Trade Finance Corp. to inject $1.4bn into the country's economy.
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