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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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Singapore’s GasCo on the hunt for Q1 2026 LNG

24 November 2025

Singapore’s newly established state gas buyer, GasCo, plans to solicit long-term LNG supply offers in the first quarter of 2026 for delivery beginning in 2028, as part of efforts to close a looming supply gap.

Cambodia spends $2bn on energy imports

24 November 2025

Cambodia spent $2.02bn on diesel, petrol, and combustion gas imports during the first ten months of 2025, representing an 11.5% decline compared with the same period last year

Thailand starts Southeast Asia’s first heat battery

24 November 2025

Rondo Energy has officially started operating Southeast Asia’s first industrial heat battery, a 33 MWh system installed at a cement plant in Thailand

VinFast posts $900mn loss despite rising sales

24 November 2025

Vietnamese electric vehicle maker VinFast recorded a net loss of more than $900mn in the third quarter of this year, even though its sales continued to rise

Unions threaten strike on Woodside’s Pluto 2 LNG expansion

24 November 2025

Labour tensions have flared at Woodside Energy’s high-profile Pluto 2 LNG project in Australia, as a union coalition has applied to the Fair Work Commission for authorisation to strike.

India’s GUVNL releases tender results on large-scale battery storage

23 November 2025

Gujarat Urja Vikas Nigam Limited has released the results of its seventh tender offering viability gap support for large-scale battery storage, awarding contracts for 2GW/4GWh of standalone systems.

Cement arm of India’s Nirma Group purchases energy firm

23 November 2025

Nuvoco Vistas, the cement arm of the Nirma Group, has moved to consolidate its energy footprint with the purchase of Vadraj Energy’s holding company, Algebra Endeavour Private Limited, from JSW Cement and Alpha Alternatives.

Indonesia–Singapore energy ties deepen as clean power ambitions converge with private capital moves

22 November 2025

Indonesia and Singapore are entering a new phase of energy cooperation, one shaped by the simultaneous rise of clean-power ambitions and strategic private-capital bets on the region’s downstream energy sector.

India’s Waree Energies adds new PV manufacturing plant to portfolio

21 November 2025

Waaree Energies has brought a substantial new solar manufacturing plant online in Gujarat, marking another step in India’s efforts to expand domestic clean-energy supply chains.

Philippines plans wider electricity subsidies for low‑income households

21 November 2025

The Department of Energy (DOE) is pushing to broaden its electricity subsidy scheme, targeting more low‑income homes through an enhanced Lifeline Rate Programme, the agency announced on November 19.

Malaysia suffers $1.1bn in power losses from illegal bitcoin mining

21 November 2025

Malaysia’s national electricity utility, Tenaga Nasional Berhad (TNB), has revealed that illegal Bitcoin mining has caused an estimated $1.1bn in power losses since 2020

Singapore Airlines purchases used cooking oil from Indonesia’s free meal programme

21 November 2025

Used cooking oil generated from the government’s Free Nutritious Meals (MBG) scheme is not only being collected but also exported, including to Singapore Airlines, where it is processed into sustainable aviation fuel (bio-avtur).

Germany pledges $55mn to modernise Cambodia’s grid

21 November 2025

Cambodia has secured a €47.5mn (around $55mn) energy investment from Germany aimed at upgrading transmission lines and improving the efficiency and stability of the national electricity grid

Solar projects surge as Myanmar faces power shortages

21 November 2025

Myanmar is increasingly relying on solar energy to address a worsening electricity shortage, a situation intensified by political turmoil since the 2021 military takeover.

Vietnam targets green transport by 2030

21 November 2025

Vietnam has announced plans for all public transport in Hanoi and Ho Chi Minh City to operate on clean and environmentally friendly energy by 2030

ADB approves $330mn for Pakistan’s power transmission upgrade

21 November 2025

The Asian Development Bank has cleared loans worth $330mn to support Pakistan’s Second Power Transmission Strengthening Project, an initiative aimed at expanding the national grid and enabling greater flow of affordable renewable and hydropower

India’s Power Grid Corp plans to raise $428mn in bond issuance

21 November 2025

Power Grid Corporation of India (POWERGRID / BSE532898) has cleared plans to raise up to INR38bn ($428mn) through its latest bond issuance, marking the company’s 83rd series of such instruments.

India's smart meter rollout faces delay

20 November 2025

India’s ambitious drive to modernise its power distribution network through the Revamped Distribution Sector Scheme (RDSS) is facing mounting pressures, with delays in installing smart meters and slow payment cycles threatening to erode returns

Asian utilities locked into coal as long-term contracts slow transition

20 November 2025

Asia’s shift towards cleaner energy is being hampered by decades-long coal power agreements that continue to bind utilities to fossil-fuel generation, even at times when cheaper renewable supplies are readily available.

Hero Future to play a part in 4-GW green expansion in Andhra Pradesh

20 November 2025

Hero Future Energies has entered into a memorandum of understanding with the government of Andhra Pradesh to pursue a substantial expansion of the state’s clean-energy capacity.

China’s PCC increases push into Africa

20 November 2025

Power Construction Corporation of China is accelerating its push into Africa’s power sector, setting out an ambition to establish a presence in almost every country on the continent within the next five years.

Maharashtra State Power awards solar installation contract

20 November 2025

Pace Digitek has been awarded an INR9.29bn ($105mn) contract by Maharashtra State Power Generation Company (MSPGCL) to deliver a 200-MW AC solar installation, part of the utility’s broader 300-MW AC procurement round.

EnviTec Biogas plant to make debut in the Philippines

20 November 2025

The 1.4-MW facility, to be sited in Candelaria in Quezon Province, is scheduled to begin delivering power to the Meralco distribution network by June 2026.

Deep Taiwanese geothermal exploration encounters lower-than-ideal heat

20 November 2025

A deep geothermal test well in Yuanshan, Yilan County, has reached its full 4000m depth, but the heat levels recorded at the bottom were lower than anticipated.

Asia Cement boosts 180MW floating wind farm off Taiwan coast

20 November 2025

Taiwan approved a 180MW floating wind farm, "Rui Li 1," despite Beijing tensions. Led by IX Renewables, this move boosts domestic clean power, underscoring Taiwan's commitment to energy security amid regional unpredictability.

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