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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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Aditya Birla Renewables to acquire Shell's India renewable energy platform for $1.8bn

14 July 2026

Grasim Industries has announced that its subsidiary, Aditya Birla Renewables Limited (ABReN), has agreed to an all-cash deal to acquire Solenergi Power Private Limited (SPPL), the holding company of Sprng Energy, from Shell Overseas.

Bangladesh to roll out 60-MW rooftop solar programme across public universities

14 July 2026

Bangladesh's University Grants Commission (UGC) is set to launch a privately financed rooftop solar programme across public universities that is expected to deliver electricity at less than half the prevailing market tariff.

Bangladesh should strengthen nuclear expertise before investing in SMRs

14 July 2026

As Bangladesh gets close to attaining the status of a nuclear power-generating country, policymakers have begun weighing the option of setting up Small Modular Reactors (SMRs) or adding two more large reactors to the energy portfolio.

Vietnam advances green hydrogen research with German development partnership

13 July 2026

BSR is exploring the future of low-carbon fuels through a new partnership with Germany’s development agency, GIZ, as Vietnam accelerates efforts to cut emissions across its aviation and maritime sectors.

Thailand, Singapore deepen energy ties through ASEAN Power Grid

13 July 2026

Thai Prime Minister Anutin Charnvirakul and Singapore Foreign Minister Vivian Balakrishnan have pledged to strengthen economic and energy cooperation, placing the ASEAN Power Grid at the centre of efforts to improve regional connectivity

World Bank approves $376mn for Pakistan's power grid upgrade programme

13 July 2026

The World Bank has approved $375.9mn in financing for Pakistan's Grid Stability Enhancement Project, the first phase of the Boosting Energy Security through Transmission in Pakistan (BEST-PAK) 10-year programme.

World Bank approves $890mn financing package for India's rooftop solar programme

13 July 2026

The World Bank has approved an $890mn financing package to support India's national rooftop solar programme, which aims to install solar systems on 10mn rural and urban households.

Myanmar launches 15-MW solar plant to strengthen power supply

12 July 2026

Myanmar has commissioned a new 15-megawatt solar power plant in Nay Pyi Taw, marking another step in efforts to expand electricity generation and improve the reliability of the national grid.

Vietnam records 115,916 VinFast EV deliveries in first half

12 July 2026

Vietnamese electric vehicle manufacturer VinFast delivered a record 115,916 electric vehicles in the domestic market during the first half of 2026, marking a 72% increase from a year earlier.

Pakistan looks to LNG spot market amid disruption of deliveries from Qatar

12 July 2026

Pakistan has issued a tender for an LNG cargo on the spot market amid concerns of further disruption of supplies from Qatar following worsening relations between Iran and the US.

Indonesia tightens oversight on domestic coal quotas

11 July 2026

Of the total allocation, 154mn tonnes have been reserved for coal-fired power plants operated by state utility PT PLN.

India’s Rajesh Power wins PGVCL Contract

11 July 2026

The turnkey contracts cover the conversion of the existing 11kV high-tension and low-tension overhead distribution network into an underground cable network with a ring main system.

China’s SGCC starts Xinjiang grid project

11 July 2026

State Grid Corporation of China, the country's largest state-owned transmission company, has started construction of the 750kV Changbei transmission and transformation project in Xinjiang Province.

Indonesia plans methanol plants to back B50 biodiesel rollout

10 July 2026

Indonesia will build methanol plants in East Java and East Kalimantan to support demand from its new B50 biodiesel programme, Energy and Mineral Resources Minister Bahlil Lahadalia said.

India's Serentica Renewables secures $345mn financing for Karnataka hybrid renewable energy project

10 July 2026

India's Serentica Renewables has secured debt financing of up to $345.1mn from a consortium of lenders led by the Asian Development Bank (ADB) to develop and refinance a 395.4-MW solar-wind hybrid renewable energy project in Karnataka.

Idemitsu deepens Vietnam energy investment with major biomass project

10 July 2026

Japan’s Idemitsu Kosan is strengthening its long-term presence in Vietnam by expanding into renewable energy, adding a large-scale biomass pellet facility in Gia Lai province to its growing investment portfolio.

US, Japan, South Korea agree SMR deployment partnership

10 July 2026

The agreement aims to promote cooperation between the three countries’ civil nuclear industries, including fleet deployment models, project financing, licensing efficiency, supply chain optimisation and private investment.

India invites bids for coal gasification incentive scheme

10 July 2026

India's Ministry of Coal has invited applications for its incentive scheme to promote surface coal and lignite gasification projects, following the government's approval of the programme in May 2026 with a financial outlay of INR375bn ($4bn).

South Korea, Mongolia sign energy transition pact

9 July 2026

Climate, Energy and Environment Minister Kim Sung-whan and Mongolian counterpart Badrakh Naidalaa signed the agreement in Ulaanbaatar. It covers renewable energy development, power infrastructure and climate policy.

Visayas grid placed under red, yellow alerts as supply tightens in the Philippines

9 July 2026

Available capacity stood at 2,561 megawatts (MW), below the projected peak demand of 2,568 MW.

WESM up by 23% in June in the Philippines

9 July 2026

Data from the Independent Electricity Market Operator of the Philippines showed the system-wide average Wholesale Electricity Spot Market (WESM) price climbed 22.7% to PHP9.56 ($0.15) per kilowatt-hour in the June billing period.

Pertamina, Boeing partner on Indonesia sustainable aviation fuel

9 July 2026

The two companies will examine potential SAF feedstock sources, technology development and policy support.

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