News

India aims to add 88,000 megawatts (MW) of power generation capacity in the next five years, power minister Sushilkumar Shinde told a conference of state power ministers in the capital on Tuesday.

India aims to increase power generation capacity to 288,000MW from 200,000MW in the next five years.

The Islamic Development Bank will provide two loans worth $380 million loan to Bangladesh for two power projects.

ADB believes that maximizing Nepal's hydropower potential lies in private sector participation.

State-owned PTT Pcl intends to invest up to US$3 billion in energy projects in Myanmar.

Brunei Darussalam wants a balancing of energy mix in fossil fuels and renewable energy to achieve the 45 percent reduction target in energy intensity by 2035.

The Chinese National Development and Reform Commission has increased the country's solar energy installation target from 15GW to 21GW by 2015.

Chinese firms invested US$18.3 billion in clean energy projects in the second quarter to top other countries.

Work is progressing on connecting India's southern grid to the national transmission grids.

Small hydropower enterprises in Vietnam complained that it is forced to sell power to Vietnam Electricity at low rates.

A draft proposal by a panel of experts said Japan should overhaul its power sector, dominated by regional monopolies, to promote competition and a stable power supply.

Grace Solar will be building a 902kW ground-mounted PV project in Auckland and expects the installation to be completed by August 5.

Chamera III hydro power plant three 77 MW units has been synchronized and achieved full load.

The Electricity of Vietnam has informed Deputy Premier Hoang Trung Hai that it needs US$959 million capital for urgent electricity projects.

Three Chinese banks have agreed to lend India’s Reliance Power Ltd US$1.1 billion to finance power projects in India.

Only 6.43 MMSCMD are allocated for Kerala's gas-based power plants against the total requirement of 13.65 MMSCMD.