News

Kuwait has offered grant assistance to develop Nepal's 30 MW Budi Ganga Hydropower Project to help ease power woes.

China will roll out tiered power pricing for residential customers in the first half of this year, to charge higher prices for heavy users, a government official was quoted as saying on Thursday, aiming to ease chronically tight power supplies.

Japanese multinational electronics giant Sharp Corporation will develop photovoltaic projects with a total output of 100 megawatts in partnership with the Indonesia government.

Wärtsilä will supply equipment to a new, gas-fueled power plant in Indonesia.

Bangladesh has signed a deal to buy 250 megawatts of electricity from India's NTPC  as it moves away from producing power using costly imported fuel.

A serious electricty supply situation occurred in Pakistan after six power turbines of Tarbela dam were closed due to decrease in water level in the dam.

Huaneng Power is confident of avoiding losses in the first quarter of this year, a top official said.

The Indian Space Research Organisation, better known for launching rockets into space, is taking on a new role.

Alsons Consolidated Resources will add 600MW of coal-fired power generating capacity in Mindanao over the next five years.

The United Kingdom will set up of a renewable energy research institute in Bangladesh.

South Korea could wind up building all eight nuclear power plants for the United Arab Emirates.

Wind turbines prices fell 4 percent due in larfge part to the competition from Chinese manufacturers and excess capacity to build the machines.

1Malaysia Development Bhd had acquired Tanjong Energy for US$2.81 billion.

India is coming to the rescue of energy strapped Bangladesh.

Prophecy Coal expects to conclude a PPA with Mongolian authorities and sign an EPC contract in 2Q 2012 for its Chandgana Power Plant.

NTPC hopes to break the ground for its two proposed super thermal power projects with 1,600 MW capacity each.