Staff Reporter

Will amendments to bid norms jeopardazie private sector power investment in India

India is the fourth largest electricity network in the world with a gross generation capacity of 211 GW. The country which is growing at an average GDP growth rate of 6% plans to add 88,000 MW by the end of the current five-year plan (2012-2017).

UAE’s diversified approach to tackle challenge of power demand

The UAE continues to enjoy double digit real annual GDP growth rates, nearly of 10 percent, but facing a challenging task to quench the thirst of power demand.

Philippine FIT to begin in 2014

Solar power producers to be the first to benefit from new Feed-in Tariffs.

China invests US$8 billion in coal gasification project

Project at Xinjiang Uygur is one of four.China has also given its approval to huge coal gasification project. The National Development and Reform Commission has ratified four coal gasification projects with a total output capacity of 15 billion cubic meters and an investment of US$16 billion.China’s growing economy has been fuelled largely by coal power that has led to high pollution levels. Coal gasification, however, will become a key sector in China’s clean energy initiative.In 2011, global emissions increased by 1 billion tonnes, with 720 million tonnes attributable to China.

Suzlon Energy raises US$647 million to repay loans

Bonds used are backed by the State Bank of India.

India to be self-reliant in crude oil production by 2030

Government sets a goal of slashing crude oil imports by half by 2020.

Funding for India’s waste-to-energy sector

Obtaining a Power Purchase Agreement (“PPA”) with a highly rated, financially strong electric utility is one of the key success factors for the financing of a growing pipeline of waste-to-energy (“WTE”) plants across India.

Mindanao power rates could rise by US$0.074 per KWh

Government says it’s a solution to continuing blackouts.

Sinopec admits 14% profit drop

Asia’s biggest refiner to look overseas to restore growth.

Philippine government agency sees end to Mindanao blackouts

Mindanao Development Authority, however, says solution will be costly and temporary.

China and Russia sign massive energy deals

Hail breakthrough agreements that will see Russia increase oil supplies to China.

China Shenhua Energy posts 6% rise in net profit

Brings profit to US$7.9 billion in 2012 from US$7.4 billion year-on-year.

Vietnam and Japan complete first coal policy dialogue

Dialogue promoted cooperation in the use of coal for power generation.

India’s largest solar power plant switched on

Project at Rajasthan has a capacity of 50 megawatts.