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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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CREC confirms debt-package on Luzon solar development
Citicore Renewable Energy Corporation has secured a near-PHP4bn ($68mn) debt package to advance one of its largest solar developments in northern Luzon.
McDermott wins major subsea EPCIC contract for Brunei gas development
McDermott(MCDIF) has been awarded a significant subsea contract for a natural gas development project offshore Brunei Darussalam, following its earlier completion of front-end engineering design (FEED), optimisation studies and readiness planning
Putin affirms Russia’s readiness to support Indonesia’s civil nuclear energy plans
Russian President Vladimir Putin has reaffirmed Moscow’s commitment to assist Indonesia in developing nuclear power facilities, noting that Indonesia has outlined plans to expand its civil nuclear technology capabilities
BYD strengthens ASEAN presence with new EV manufacturing plant in Malaysia
BYD is further expanding its footprint across Southeast Asia by constructing a new electric vehicle plant in Malaysia. The facility, located in KLK TechPark, Tanjong Malim, spans roughly 600,000 square metres.
Sri Lanka secures $30mn World Bank loan to strengthen power grid
India's PM-KUSUM scheme installations reach 10,203 MW
India has installed a total of 10,203 MW under all components of the PM-KUSUM scheme up to November 30, 2025, according to Union Minister of State for New and Renewable Energy Shripad Yesso Naik
India advances SMR programme with BARC-led designs
India has moved a step closer to deploying small modular reactors, with Minister of State Jitendra Singh telling both houses of parliament that the country has adopted light water, pressurised water reactor technology as its preferred SMR route
Shell restores fuel supply across key Indonesian regions after import curbs
Shell has restarted petrol sales at its service stations in Indonesia after government-imposed import limits tightened supplies and temporarily emptied its pumps
BlackRock fund to invest $222mn in India's Aditya Birla Renewables
BlackRock’s global infrastructure arm is set to make a significant bet on India’s clean energy sector, committing INR20bn ($222.50mn) to Aditya Birla Renewables and taking a minority stake in the company
India’s thermal coal plants quadruple biomass co-firing in FY25
India’s thermal coal-fired power plants raised biomass co-firing by more than four times during the April 2024–March 2025 financial year, as the country accelerated efforts to decarbonise coal-based power generation
Vietnam urged to boost incentives for offshore wind
Vietnamese legislators have urged the Government to introduce stronger incentives to draw private investment into offshore wind projects and small modular nuclear reactors (SMRs)
REDC boosts Philippine hydro portfolio with PHP6.3bn Bukidnon plant
Repower Energy Development Corp. (REDC.PSE) has signalled its growing dominance in the water-powered electricity sector by taking over a power station in Bukidnon, valued at around PHP6.3bn ($106.6mn).
India's smart meter installation base reaches 47.60mn
A total of 47.60mn smart meters have been installed across India under various central and state schemes, while 203.30mn meters have been sanctioned under the Revamped Distribution Sector Scheme (RDSS)
Japan tightens rules on mega solar power projects
India's rooftop solar scheme covers 2.40mn households
The PM Surya Ghar: Muft Bijli Yojana, the Indian government’s rooftop solar scheme, has covered 2.40mn households with rooftop solar installations, achieving around 24% of the government’s target of 10mn households by FY27
New Delhi, Moscow outline second nuclear power plant site in India, widen strategic cooperation
India and Russia have outlined plans to develop a second nuclear power plant site in India as part of a broader effort to deepen cooperation in civil nuclear energy, advanced technologies and strategic infrastructure
Nuclear partnership between Japan and Vietnam falters
Japan has withdrawn from a major nuclear power project in Vietnam, with its ambassador Naoki Ito telling Reuters that the timetable is too tight for Japan to proceed. The move could pose challenges for Vietnam’s long-term energy strategy,
Vietnam boosts grid to meet rising demand
Vietnam has set an ambitious target of achieving at least 10% annual economic growth in 2026, marking the start of its new five-year development strategy
Experts call for greater investment in Taiwan's geothermal power
A prominent global consultancy has urged Taiwan to allocate greater financial resources towards geothermal power generation, highlighting its steady output as a perfect complement to the island's rapidly expanding reliance on solar and wind energy.
Experts press for overhaul of Bangladesh power master plan to boost renewables
Energy specialists have urged an urgent revision of Bangladesh’s Integrated Energy and Power Master Plan to significantly raise the share of renewable energy in the country’s future electricity mix
Rosatom begins fuel deliveries for Kudankulam Unit 3 as India readies next phase of nuclear expansion
Russia’s nuclear fuel supplier under the Rosatom group has commenced deliveries of fuel assemblies for the initial core loading of Unit 3 at the Kudankulam Nuclear Power Project (KKNPP) in southern India
LG Energy Solution secures $1.39bn battery contract with Mercedes-Benz
The South Korean power cell manufacturer, LG Energy Solution, has confirmed a significant arrangement to furnish batteries to Mercedes-Benz AG, with the partnership valued at KRW2.06 trillion ($1.39bn).
Vietnam approves 60-GW power expansion by 2035
Vietnam’s Prime Minister has endorsed a revised list of major national energy programmes and priority projects, outlining plans to add approximately 60.3 GW of new electricity generation capacity between 2025 and 2035
COMMENT: Putin's India visit concludes with multiple promises of deeper cooperation
While the two sides inked over 16 agreements, a clear pivot towards high-technology sectors, critical minerals, and joint manufacturing ventures dominated much of the agenda.
Indonesian coal prices continue to fall amid oversupply and weak Chinese demand
Coal prices have continued to slip for a second consecutive day. Citing Refinitiv data, coal closed at $108.25 on December 4 trading, down 0.69%, extending a two-day negative trend with a total correction of 1.64%
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