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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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Indonesia deepens energy ties with Russia to drive net-zero transition
Indonesia, the world’s fourth most populous nation and the newest member of BRICS, plans to expand its strategic energy cooperation with Russia, according to Satya Hangga Yudha Widya Putra
Centre designates Paradip, Gujarat and Tamil Nadu ports as green hydrogen hubs
The Indian government has identified three major ports, including Paradip, as green hydrogen hubs under the National Green Hydrogen Mission (NGHM)
UGDC begins private gas supply to SNGPL in landmark move for Pakistan’s energy sector
Universal Gas Distribution Company (UGDC), Pakistan’s first private gas marketing firm, has successfully begun injecting gas into the Sui Northern Gas Pipelines Limited (SNGPL) network
Vietnam gains $466mn EU support for energy reform
The European Union (EU) has unveiled a €430mn ($466mn) support package to help Vietnam develop a large-scale energy storage project aimed at accelerating the nation’s move away from fossil fuels
Vietnam unveils comprehensive green investment package
Vietnam has reaffirmed its pledge to reach net-zero emissions by 2050 and is rolling out a growing range of incentives to boost investment in green industries.
IMM Investment to acquire $420mn stake in Boryeong LNG Terminal
South Korean private equity firm IMM Investment Corp. is set to purchase a 49.9% stake in Boryeong LNG Terminal Co. from SK Innovation Co., in a deal that values the company at approximately $420mn.
Vietnam moves to guarantee LNG power offtake in bid to reassure investors
Vietnam’s Ministry of Industry and Trade (MoIT) has proposed a guaranteed electricity offtake level of at least 75% for LNG-to-power plants, in an effort to bolster investor confidence and accelerate energy diversification.
India, Korea to explore collaboration in electronics, EV components and digital supply chains
India and South Korea have agreed to explore joint initiatives in electronics manufacturing, electric vehicle (EV) components, and trusted digital supply chains
Indonesia secures $17.4bn green investment commitments to power waste-to-energy push
Indonesia has secured $17.4bn in investment commitments for sustainability initiatives, a major boost expected to help launch Danantara’s waste-to-energy programme, according to government officials
Asia identified as the new engine of renewable growth, think tank finds
Asia is leading the global clean energy shift as China and India drive record solar and wind growth, marking a major move away from fossil fuels, according to a new report by think tank Ember.
Japan technology to boost Thailand’s green push in new bilateral initiative
Thailand is intensifying its efforts to adopt green technologies through partnerships with Japanese firms and institutions, as it seeks to meet its carbon neutral goals and accelerate the transition to a Bio-Circular-Green economy.
Laos expands wind power capacity ahead of 2025
Construction of the Xeuchin Wind Power Projects 1 and 2 in Bolikhamxay Province is nearing completion, with more than 80% of the work already finished
Alaska delivers first LNG from North Slope
Alaska marked a new milestone with Harvest Midstream and Interior Gas Utility completing the first delivery of LNG from Alaska’s North Slope.
Chinese firm Hithium’s growth paves way for Hong Kong IPO by year-end
The company’s initial IPO application, submitted in March, lapsed after six months without completion, the paper reports. Insiders now suggest Hithium is likely to relaunch the process within the next three months.
Crompton Greaves wins rooftop solar contract in India
Crompton Greaves Consumer Electricals Limited has secured a rooftop solar contract valued at $5.9mn in Telangana.
India issues vesting orders for five new coal blocks
With the latest vesting orders, a total of 125 coal blocks have now been allocated or vested under the commercial coal auction framework.
India’s ReNew Energy to divest 300-MW Rajasthan solar asset
The transaction, executed between Sembcorp Green Infra Private Limited and ReNew Private Limited, covers the full acquisition of ReNew Sun Bright Private Limited, the entity that owns and operates the solar facility.
Bursa Malaysia and Sarawak Agency partner to develop carbon registry
Bursa Malaysia Bhd, through its wholly owned subsidiary Bursa Carbon Exchange (BCX), has signed a memorandum of collaboration with the Natural Resources and Environment Board (NREB) Sarawak to jointly develop a carbon registry for the state
Senator Rehman calls for shift to renewables to ensure Pakistan’s energy sovereignty
Senator Sherry Rehman has urged Pakistan to make a decisive transition towards renewable energy to secure the country’s energy sovereignty, security, and affordability
Thailand aims for net zero 15 years ahead of schedule
Thailand’s Ministry of Energy has announced a sweeping THB720bn investment plan to accelerate the country’s clean energy transition and achieve net-zero emissions by 2050.
Japan’s JERA opens Dhaka office to strengthen energy collaboration with Bangladesh
Japan’s largest power generation company, JERA, has opened a new office in Dhaka to deepen collaboration with Bangladesh’s energy sector and support the country’s transition toward a secure, sustainable, and low-carbon energy future
AIIB to fund $52mn transmission project to boost Sri Lanka’s renewable energy network
The Asian Infrastructure Investment Bank (AIIB) will provide $52mn in sovereign-backed financing to support Sri Lanka’s efforts to strengthen its renewable energy infrastructure and promote sustainable growth
India extends Bharat Small Reactor proposal deadline as six major firms join race
Nuclear Power Corporation of India Ltd (NPCIL) has extended the deadline for proposals from companies interested in developing Bharat Small Reactors (BSRs) by another six months
Philippines sets out policy framework for first nuclear power plant
The initiative marks a significant step in reviving the Philippines’ long-dormant nuclear ambitions. Following the 1973 oil crisis, the country constructed the 621 MWe Bataan Nuclear Power Plant in 1984 at a cost of $460mn – around $1.4bn today.
ADB invests $82.5mn in Cambodia’s energy reforms
ADB has approved the second phase of Cambodia’s Energy Transition Sector Development Programme (ETSDP), providing $82.5mn to advance the country’s shift towards a cleaner and more sustainable energy system
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