AsiaElec - Asia Power

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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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India’s POWERGRID profit rises

29 May 2026

The results reflect stable earnings growth as India continues to expand its electricity transmission network to support rising power demand and renewable energy integration.

Petrovietnam prepares response plans amid oil market volatility

28 May 2026

Petrovietnam is strengthening risk management measures as global oil and liquefied natural gas markets face increasing instability driven by geopolitical tensions and supply chain pressures.

Myanmar introduces electric vehicle scheme for unsafe cars

28 May 2026

Myanmar’s Ministry of Commerce has introduced a programme allowing old and unsafe vehicles to be replaced with electric vehicles as part of efforts to improve road safety, reduce fuel consumption and tackle pollution.

LG Energy Solution supplies $1.6bn batteries to US

28 May 2026

LG Energy Solution (373220.KS) will supply energy storage system (ESS) batteries worth $1.6bn to an unnamed US energy company, the South Korean firm announced on May 28.

Australia drops draft of 20% LNG reservation rules

28 May 2026

The Australian government has officially released its highly anticipated draft regulations for a blanket 20% domestic gas reservation mandate, initiating a high-stakes industry consultation window

South Korea builds nuclear-solar supergrid to prevent blackouts

28 May 2026

Korea Hydro & Nuclear Power is building a multi-tiered power network to secure national electricity supplies, the Gyeongbuk-based utility has announced.

India's Clean Max secures $575mn for renewable energy portfolio

28 May 2026

India’s Clean Max Enviro Energy Solutions Limited has secured around $575mn through a mix of domestic and international financing facilities to support nearly 1 GW of renewable energy projects across Rajasthan and Karnataka.

Jinko Solar expands Myanmar presence with 100MW deal

27 May 2026

Jinko Solar has secured a major renewable energy deal in Myanmar after signing a 100 MW distribution agreement for its Tiger Neo 3.0 solar modules.

Vietnam positioned to lead Southeast Asia wind energy

27 May 2026

Vietnam is emerging as one of Southeast Asia’s strongest contenders in the offshore wind energy sector, with experts pointing to major opportunities in clean power, manufacturing and industrial development.

India clears Tata International and Mercuria Energy joint venture

27 May 2026

India's competition regulator has approved the formation of a commodities trading joint venture between a subsidiary of one of the world's largest privately held energy trading groups and the international trading arm of India's Tata conglomerate.

Competition Commission of India greenlights Singapore’s Tata-Mercuria joint venture

27 May 2026

The Competition Commission of India (CCI) grants antitrust clearance for the establishment of a high-powered global commodities trading joint venture between Swiss trading giant Mercuria Energy Group and Singaporean Tata Group

Sri Lanka receives first utility-scale battery storage systems

27 May 2026

Sri Lanka has taken a major step towards modernising its power sector with the arrival of the country’s first commercial-scale Battery Energy Storage System (BESS) equipment through the Port of Colombo.

HSBC targets Philippines in $4bn clean energy financing push

27 May 2026

HSBC has launched a $4bn sustainability and transition credit facility aimed at supporting clean energy and low-carbon companies in mainland China, with the Philippines identified as a key hub for future regional expansion.

Nissan abandons UK EV drive production plan

27 May 2026

Jatco, a Nissan subsidiary jointly developing drive units for electric vehicles, had planned to build a factory in Sunderland in 2026 to supply parts to Nissan’s local assembly plant.

Pakistan plans strategic oil reserves, seeks private storage to bolster energy security

27 May 2026

Pakistan is preparing a broad strategy to strengthen its energy security by developing strategic petroleum reserves and expanding domestic storage capacity for crude oil and refined fuels.

GCL SI, Getz Energy agree Thailand solar supply deal

27 May 2026

Deliveries will be carried out in phases in line with construction timelines and grid connection schedules.

Hitachi Energy India profit jumps on higher revenue

27 May 2026

Hitachi Energy India reported a sharp rise in annual profit for the 2025-26 financial year, supported by stronger revenue growth.

Adani Green commissions 3.37-GWh battery storage project in India's Gujarat

27 May 2026

Adani Green Energy Ltd (NSE: ADANIGREEN) has commissioned a cumulative 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS) at its Khavda renewable energy complex in Gujarat.

Laos halts fuel vehicle imports to boost EV shift

26 May 2026

Laos will suspend imports of petrol and diesel vehicles until the end of 2026 as part of a wider push to accelerate electric vehicle adoption.

Cambodia pursues UNCLOS solution for maritime energy dispute

26 May 2026

Cambodia hopes international law will help peacefully settle maritime disputes with Thailand while unlocking major regional energy resources, according to Mines and Energy Minister Keo Rottanak.

Laos and Cambodia push forward ASEAN power grid

26 May 2026

Laos and Cambodia have taken another step towards regional energy integration by signing an agreement to study a cross-border electricity grid connection.

Vietnam backs 13 green projects worth $352mn

26 May 2026

Vietnam’s Climate Finance Accelerator (CFA) has selected 13 low-carbon projects valued at a combined $352mn to support the country’s green transition.

Pakistan seeks Gulf backing for oil reserve hub siting

26 May 2026

Pakistan has revealed that it is hoping to persuade Gulf oil producers to establish crude storage reserves at a planned energy hub near Gwadar Port as Islamabad attempts to strengthen domestic energy security following months of disruption.

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