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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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Cambodia greenlights 24 power projects

26 May 2025

Cambodia's energy future just got a significant boost. Parliament has approved a landmark law guaranteeing payments for 24 new electricity projects, a crucial step to meet the nation's rapidly growing power demands.

India's Adani Power proposes talks regarding PPA with Bangladesh

26 May 2025

India’s Adani Power Limited has approached the Bangladesh Power Development Board (BPDB) with a proposal to revise disputed issues in the Power Purchase Agreement (PPA)

India's NTPC Q4 profit up 22.6% q/q

26 May 2025

Indian state-owned power producer NTPC Ltd reported a 22.6% quarter-on-quarter rise in consolidated net profit for Q4 FY24

Gas Malaysia launches nation’s first biomethane hub, targets break-even in seven years

23 May 2025

Gas Malaysia Bhd has introduced Malaysia’s first centralised biomethane injection station, with operations slated to begin in the second half of 2025

Malaysia drives regional EV ambitions at Automechanika Kuala Lumpur 2025

23 May 2025

Faizal noted that Malaysia’s automotive strategy supports its net-zero carbon targets and reinforces Environmental, Social, and Governance (ESG) principles.

Japan eyes green energy and data centre investments in Malaysia amid ASEAN power grid push

23 May 2025

Japanese firms are showing growing interest in backing the ASEAN Power Grid (APG) initiative, including a key submarine cable link between Sarawak and Johor, as part of a broader push into green and infrastructure investments in Malaysia

Indonesian gas distributor PGN secures West Natuna gas for domestic market under new swap deal

23 May 2025

State-owned gas distributor PT Perusahaan Gas Negara (PGN) has bolstered its domestic gas supply through two strategic deals with the West Natuna Group, backed by full government support

Indonesia replaces LG with China’s Huayou in $9.8bn EV battery megaproject

23 May 2025

Chinese battery giant Huayou has officially replaced South Korea’s LG Energy Solution as the lead investor in the $9.8bn “Proyek Titan,” the country’s flagship EV battery initiative.

Solar rises to third place in Pakistan’s energy mix

23 May 2025

Solar energy contributed more than 14% of Pakistan’s electricity in 2024, a significant jump from just 4% in 2021

Laos prepares to launch landmark wind farm project

22 May 2025

Laos is on track to launch Southeast Asia’s largest wind farm by the end of the year, with all 133 turbines now fully installed at the 600-MW Monsoon Wind Project, developers said.

Malaysia eyes 1,000 MW boost from palm oil waste to power low-carbon transition

22 May 2025

Malaysia’s palm oil waste sector could generate up to 1,000 megawatts (MW) of renewable energy, offering a major step toward the country’s net-zero emissions goal, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani

Bumi Armada secures full control of Indonesia’s Kojo block in offshore expansion push

22 May 2025

Bumi Armada Bhd has announced that its subsidiary, Armada Kojo BV, has secured a production sharing contract (PSC) with Indonesia’s Ministry of Energy to explore and develop the Kojo block in the Makassar Strait

Pakistan’s power generation rises 22% y/y in April

22 May 2025

Power generation in Pakistan reached 10,513 GWh in April 2025, marking a year-on-year (y/y) increase of over 22% from 8,639 GWh recorded in the same month of the previous year

JK Lakshmi Cement partners with SwitchLabs to deploy EVs in logistics operations in India

22 May 2025

Indian cement maker JK Lakshmi Cement has partnered with SwitchLabs Automobiles to introduce electric vehicles (EVs) into its logistics network

China’s green policies are shaping Washington clean energy debate

21 May 2025

At the centre of a political fight in Washington over clean energy is a clash amongst Republicans over whether to continue tax credits supporting green technologies – a clash shaped as much by concerns about China as by America’s energy future.

US panel's ruling clears path for hefty tariffs on solar imports

21 May 2025

As a result of the ITC’s decision, the Department of Commerce will now issue orders enforcing countervailing and anti-dumping duties on those solar products. These tariffs were finalised by the department last month.

Badak LNG and INPEX Masela forge LNG partnership to boost Indonesia’s gas sector

21 May 2025

Badak LNG, has signed a Memorandum of Understanding (MoU) with INPEX Masela Ltd., the Indonesian arm of Japan’s INPEX Corporation, to explore strategic collaboration in advancing Indonesia’s liquefied natural gas

Honda reduces EV spending by 30%, delays Canadian project

21 May 2025

Honda has announced it will scale back its planned investment in electric vehicle (EV) technology by 30%, revising its target from JPY10 trillion to approximately JPY 7 trillion yen ($48bn) by the end of fiscal 2030.

Pertamina Geothermal plans expansion into lab services and tech commercialisation

21 May 2025

PT Pertamina Geothermal Energy (PGEO), is preparing to diversify its operations by entering two new business lines: laboratory testing services and the commercialisation of two-phase fluid measuring instruments

Pertamina launches its largest rooftop solar power plant

21 May 2025

Pertamina, Indonesia’s state-owned energy company with operations spanning oil, gas, and renewables, has launched its largest rooftop solar power facility to date, located at the Balikpapan refinery.

Pakistan PM Shehbaz approves 10-year power plan

21 May 2025

Prime Minister Shehbaz Sharif has instructed the Power Division to intensify reforms aimed at reducing electricity prices, tackling circular debt, and curbing technical losses and theft in the power sector.

India's Petronet LNG posts highest-ever annual profit

21 May 2025

India’s biggest LNG importer Petronet LNG has reported its highest-ever profit after tax (PAT) of INR39.26bn ($460mn) for the financial year ended March 31, 2025

US-Vietnam: Trade dialogue opens, nuclear cooperation deepens

20 May 2025

US and Vietnamese officials launched a pivotal round of trade negotiations on May 19, with both sides working to prevent damaging tariffs while simultaneously laying the groundwork for a potential nuclear energy collaboration.

Thailand curbs incentives for solar, steel sectors

20 May 2025

Thailand's Board of Investment (BOI) has moved to curb oversupply risks in key sectors, including solar panels and certain steel products, by discontinuing investment incentives, the agency announced May 19.

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