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India approves $11B Electricity Fund
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.
India approves $11B Electricity Fund
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.
PLN ordered to buy geothermal power
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 to tap India’s wind power expertise
Malaysia is exploring a tie-up with India's Centre for Wind Energy Technology to utilise its technical expertise in the field.
Japan plans new renewable energy tariffs for 2012
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 to support Vietnam hydro project
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 losing out to Chinese
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.
Energy price to increase in Vietnam
Prime Minister Nguyen Tan Dung has approved an increase in power price by 15.28 percent for this year.
ADB approves HVDC package award by Bangladesh group
ADB has approved the award of contract for the associated HVDC package by Power Grid Company of Bangladesh Limited.
Power supply critical in Mindanao
The daily brownouts in Mindanao may persist this year as no new generating capacity is expected to be added.
Napocor needs $911M for remote, off-grid areas
Napocor needs as much as US$911.4 million to fund its electrification projects in remote and off-grid areas over the next five years.
ADB lends $36.8M for Pakistan wind farm
ADB will provide Turkish utility Zorlu Enerji Electrik Uretim with a $36.8 million loan to increase the capacity of a wind farm in Pakistan.
Short-term traded electricity in India reach 9%
Out of the total 67079.74 million units of energy generated in India, excluding generation from renewable sources and captive power plants, a total of 6183.94 MU, or 9.22%, were transacted in the short-term.
ABB wins $63M ultrahigh-voltage transformer order in China
ABB won an order worth $63 million from China Southern Power Grid Co. Ltd to design, supply, install and commission 800 kV UHVDC transformers.
Mitsubishi Electric to boost smart community business
Mitsubishi Electric has started establishing the Smart Community Project Group.
Chinese hydropower turbines now being installed
The installations of the world's largest hydroelectric turbine generators have begun at China's Xiangjiaba Dam.
China wastes 2.8 billion kWh of wind power
China wasted 2.78 billion kilowatt hours of power generated by its wind farms in a half-year period in 2010.
Vietnam hands over hydro-power plant to Laos
Vietnam handed over the Sekaman hydropower project No. 1 to Laos for a duration of 30 years.
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1. Sembcorp inks 2 long-term PPA with Equinix 2. Philippines expects over 4,000 MW of power projects to begin operations this year 3. Singapore awards PacificLight Power contract for fast start generating units 4. ‘Hybrid approach’ essential for energy security amidst geopolitical instability 5. LNG sector faces oversupply amidst sluggish demand growth.Resource Center
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1. Sembcorp inks 2 long-term PPA with Equinix 2. Philippines expects over 4,000 MW of power projects to begin operations this year 3. Singapore awards PacificLight Power contract for fast start generating units 4. ‘Hybrid approach’ essential for energy security amidst geopolitical instability 5. LNG sector faces oversupply amidst sluggish demand growth.Awards
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