News

Madhucon Project Ltd., an IPP from India, will sell electricity through an independent power producer mechanism at US$5.8099 per kWh to Indonesia's PT PLN.

It will demand heavy investments and political will to increase the share of renewable energy sources in Indonesia’s total energy mix from the current 5% to 17% by 2025.

Tenaga Nasional Bhd will spend about RM9.7 billion or US$3.1 billion in the next five years to increase electricity generating capacity in Malaysia.

UGL in joint venture with engineering, procurement and construction firm CH2M Hill, has won a $550m contract from JKC Australia LNG to build a combined cycle power plant for the Ichthys liquefied natural gas project in Australia's Northern Territory.

The world’s fifth largest maker of wind turbines needs to repay foreign currency convertible bonds of US$360 million in June and US$207 million in October.

The Pakistan government’s failure to pay IPPs as per agreements has made day-to-day operations difficult, said higher officials of IPP’s.

Mitsui & Co. and Mitsubishi Corp. will participate in an Australian LNG project to provide stable supply for Japan's thermal power generation.

Renewable energy continues to grow in Japan—with a lot of help from FIT.

"It's ten on last count...everyday they are doing," Zohra Chatterjee, Additional Secretary, Ministry of Coal, told reporters on the sidelines

The first phase of the project aimed at producing 4,135 MW in 2010 but only 930 MW were in fact produced.

The world’s largest coal mining company turns in a profit despite the slowdown in China’s economy.

Aboitiz Power Corp. will build four new power generation facilities to add 354 megawatt to the Mindanao grid by 2015.

The Vietnamese Ministry of Industry and Trade (MoIT) said that the power supply will be sufficient for this summer due to high water levels and more power projects to be put into operation. The water levels at Hoa Binh Hydropower plant reached 106 metres, much higher than previous years. The current water levels at Son La Hydropower have risen to 202 metres.

The Board of Investments has approved two coal-fired power projects with total investments of P62.328 billion that would add 735-megawatt capacity to the national grid.

Intel Products Vietnam unveiled and put into use the biggest solar power system in Vietnam after nearly five months of construction.

The power deficit state of Tripura has had to resort to frequent load shedding during peak hours. Forced shutdowns and retired units