News

New Chinese nuclear reactors near completion despite safety concerns

New Chinese nuclear reactors near completion despite safety concerns

China expects its third-generation nuclear reactors to come online by 2013 notwithstanding misgivings about their safety.

India's thermal plants continue to reel under coal shortages

More than half of India's 89 thermal power stations monitored by the Central Electricity Authority are struggling with severe coal shortages.

First 5 phases of Zhongwei Xiangshan wind project synchronized to grid

The 150 wind turbines of the first five phases of Zhongwei Xiangshan Wind Power Projec were all synchronized to the grid.

Vietnam dead set on nuclear power

Vietnam is determined to build its first nuclear power plant to avert an impending and serious shortfall in electrical power.

Funding released for Pakistan's 100MW Thar power project

PM Yusuf Raza Gilani directed the release of funds for the Thar Power Project after Dr Samar Mubarakmand briefed him on the Underground Coal Gasification of Thar Coal.

Suspended Myanmar hydropower project alarms Chinese firms

Beijing will boost political diplomatic backing for its companies overseas, particularly in Asia.

India's capacity addition not enough to help meet targets

The power capacity to be in India during the current financial year is not enough to meet revised targets in the 11th plan.

Philippines to do more bioenergy projects

President Benigno S. Aquino III was optimistic the Philippines will exploit more of its huge bioenergy potential.

India to test fast breeder reactor in September

India expects to conduct a systems test on its 500 MW Prototype Fast Breeder Reactor in September.

China harnessing more offshore wind energy

China is building its largest intertidal wind farm in Rudong county, Jiangsu province.

Banks to discuss lending 1 trillion yen more to Tepco: report

Tokyo Electric Power Co Inc's (9501.T) main lenders will begin talks this week to decide conditions to lend Japan's biggest utility, also known as Tepco, an additional 1 trillion yen ($13.01 billion), at the government's request, business daily The Nikkei said. Sumitomo Mitsui Financial Group Inc (8316.T) unit Sumitomo Mitsui Banking Corp and other financial institutions have already infused funds in Tepco, including about 2 trillion yen in emergency financing last spring, the daily said. The government plans to inject 1 trillion yen in public funds to help Tepco pay for decommissioning reactors at the crippled Fukushima Daiichi nuclear power plant and have private sector financial institutions provide about 1 trillion yen in working capital financing, Nikkei said. Tepco and the government-backed Nuclear Damage Liability Facilitation Fund have indicated to financial institutions that they plan to restart the Kashiwazaki-Kariwa nuclear plant in about two years, the daily said. If nuclear plants that have been idled since the March earthquake and tsunami cannot be brought back online, Tepco's earnings would take a hit because it would need to rely more on fossil fuel, Nikkei said.

Tata Power commissions 4,000MW power project in India

Tata Power has commissioned its 4,000MW power station in Gujarat, India.

Myanmar scraps coal-fired plant after local opposition

Myanmar has halted construction of a 4,000 megawatt coal-fired power plant following an outcry over its environmental impact.

Bangladesh to develop skills in renewable energy applications

Bangladesh is one of the fastest growing markets of renewable energy, said experts at the launching  of the Institute of Clean Energy Training and Research.