AsiaElec - Asia Power

Twenty nine global banks decline to fund Papua LNG project

Twenty-nine international banks and export credit agencies have stepped back from financing a major liquefied natural gas (LNG) development in Papua New Guinea, citing environmental, climate and human rights risks

Meralco requests $9.15bn for Philippine power grid upgrades

Manila Electric Co. (Meralco) has submitted a formal proposal to the Energy Regulatory Commission to recover approximately PHP532.13bn (approximately $9.15bn) from its customer base.

Sri Lanka begins construction of 50-MW Mannar wind project

Construction has commenced on the 50MW Mannar Wind Power Project in northern Sri Lanka, marking a new addition to the country’s renewable energy capacity as it seeks to accelerate its clean energy transition

India's Rajasthan Atomic Power Project Unit-7 reaches full output

Rajasthan Atomic Power Project Unit-7 (RAPP-7) has, for the first time, achieved its rated generation capacity of 700 MW

TMK, Mongolia’s energy ministry to study acceleration of natural gas as fuel source in energy mix

TMK Energy (ASX: TMK) and Mongolia’s Ministry of Energy have signed an agreement to jointly study the acceleration of natural gas as a fuel source in the country’s energy mix, the company said in a market announcement released on February 11.

EVN completes rural electrification milestone

Qatar’s North Field East: a measured albeit vague expansion the world is waiting for

NFE is the first leg of a broader plan to almost double Qatar’s LNG production capacity. Currently sitting at around 77mn tonnes per year, capacity is expected to grow to roughly 110mn tpy by as early as this year.

EV charging stations cross 29,000 in India

India has accelerated the rollout of public electric vehicle charging infrastructure, with installations crossing 29,000 nationwide

Singapore consortium to develop near-zero emissions ammonia marine engines

A new research partnership between academia and industry, spearheaded by the National University of Singapore’s (NUS) Centre for Hydrogen Innovations (CHI), has been unveiled to advance next-generation ammonia-powered marine engines

India's Adani Energy secures Japanese financing for green power transmission corridor

Adani Energy Solutions(NSE: ADANIENSOL) has secured long-term funding from a consortium of Japanese banks for a major high-voltage direct current (HVDC) transmission corridor

US firms partner with Vietnam on energy and biofuels

Vietnam has taken another step in strengthening energy ties with the United States after Binh Son Refining and Petrochemical Joint Stock Company (BSR) signed a series of memoranda of understanding with major American energy companies

Vietnam awards $974mn LNG power project

Philippine state transfers major hydro complex to Aboitiz

Philippine government officially transferred the 797-megawatt Caliraya-Botocan-Kalayaan (CBK) hydropower network to the Aboitiz-managed Thunder Consortium.

India's electricity amendment bill proposes shared networks to cut power distribution costs

India’s draft Electricity (Amendment) Bill, 2025 proposes allowing multiple power distribution companies to use existing networks instead of building separate infrastructure, a move aimed at reducing duplication and lowering costs

Samsung SDI and South Korea utility seal deal

Samsung SDI (006400.KS) and the state-operated Korea East-West Power formally enter into a pact for collaboration on international renewable energy and energy storage system (ESS) projects.

Bangladesh’s energy bind casts a long shadow over industry, growth and the February vote

What began as a manageable rise in fuel imports has now hardened into an all-out structural vulnerability, with shrinking domestic gas supplies coupled to a growing reliance on LNG as well as coal and oil imports forcing factories to cut output.

Namor 3 station strengthens Laos–China energy network

The 500kV Laos–China power transmission line is on track to become operational in April, following its full connection on 5 February. The project enhances cross-border electricity links and facilitates the trade of clean energy in the region

PaxOcean opens $148m shipyard in Singapore for decarbonisation mission

PaxOcean, part of Kuok Maritime Group (KMG), has officially launched a new shipyard at 5 Jalan Samulun (5JS) following an investment of SGD200mn, equivalent to about $148mn

JETP funding boost lifts Indonesia’s renewable energy outlook

Indonesia’s renewable energy financing landscape has received a positive boost, as funding commitments under the Just Energy Transition Partnership (JETP) increased from $21.4bn to $21.8bn, even as the sector faces scrutiny following the revocation

Taiwan increases US energy buys to ease tariffs

Taiwanese state firm CPC Corp plans to double down on its procurement of and financial muscle in US natural gas.

India, Malaysia deepen energy and tech ties

Energy cooperation and clean technology investments emerged as key outcomes of Prime Minister Narendra Modi’s official visit to Malaysia on February 7–8

India and Malaysia strengthen semiconductor alliance

Half the world’s energy will come from renewables, nuclear by 2030 - IEA

The International Energy Agency warned that while global electricity demand is set to surge over the next three years, the benefits of clean energy investment and rising renewable output remain unevenly distributed.

Taiwan agrees to increase US LNG imports

Taiwan has confirmed it will increase US LNG imports to comprise about one-third of its imported supply of the super-chilled fuel in 2026.

Japan’s TEPCO readies second attempt to restart Kashiwazaki-Kariwa reactor

Tokyo Electric Power Company is preparing to restart unit 6 at its aprawling Kashiwazaki-Kariwa nuclear power station on February 9, after a previous attempt was suspended last month.