News

The first project expected under that Pakistan's initiative to medernize power plants is a 750-megawatt combined-cycle plant in Guddu. It would feature advanced technology F-class gas turbines from GE.

Bangladesh Commerce Minister Faruk Khan urged Canadian businessmen to invest more in the power sector to help alleviate the country's energy crunch.

Pakistan is expected to complete a pilot project, which will generate electricity from the Thar Coal project through gasification this year.

Russian ambassador to Bangladesh Gennady P. Trotsenko said Russia is keen to support Bangladesh to develop its power sector.

Bangladesh is planning to frame a separate policy to protect poor peoples' right to energy.

Bangladesh government has awarded a Spanish firm over US$14.08 million project to build transmission line from Baharampur of India to Bheramara. It will be used to import electricity from India.

South Korea plans to spend US$42.6 million over the next three years to support local renewable energy testbed projects, the government said Tuesday.

KEPCO will invest US$7.18 billion in its smart grid business by 2030. This will serve to cut carbon emissions and boost the efficiency of electricity facilities.

India's Union finance ministry has approved the creation of a US$11.053 billion National Electricity Fund to attract investments in the distribution sector.

Indonesia has ordered state-owned utility PLN to buy power from the country’s geothermal plants. This is meant to support investment in the alternative energy source.

Malaysia is exploring a tie-up with India's Centre for Wind Energy Technology to utilise its technical expertise in the field.

Japan wants its power sector to buy electricity from more renewable energy sources in a feed-in tariff incentive scheme starting April 2012.

Sumitomo Mitsui Financial Group Inc. will provide 4.2 billion yen in loans for a Vietnamese hydroelectric power plant. This was reported by the  Nikkei newspaper.

Indian equipment makers fear they would lose out to Chinese rivals as firms place orders only with tough conditions that add costs to their supplies. Among them are Larsen & Toubro and Gammon-Ansaldo, who hope to rival BHEL in India’s power equipment market.

Prime Minister Nguyen Tan Dung has approved an increase in power price by 15.28 percent for this year.

ADB has approved the award of contract for the associated HVDC package by Power Grid Company of Bangladesh Limited.