Staff Reporter

Biomass power plant to rise in Mindanao

Biomass power plant to rise in Mindanao

The renewable energy unit of Eastern Petroleum Corporation will be investing up to $108 million for a two-phased biomass power plant project in Agusan del Norte, Mindanao.

Infrastructure firms to exit Himachal Pradesh hydro project

Infrastructure firms NCC and IL&FS Engineering will completely exit from the hydro electric project they are jointly building on the River Sorang in Himachal Pradesh.

Karachi consumers to pay more for power

A power tariff increase of Rs2.68 per unit for Karachiites has been approved on account of fuel adjustment charges during January to March 2012.

Zen-Noh, Mitusbishi in solar farm push

Zen-Noh and Mitsubishi Corp. will jointly enter the solar power generation business.

Bangladesh PM pushes for environment-friendly energy

Bangladesh PM Sheikh Hasina emphasized the need for more renewable energy production such as wind and solar power to protect the environment.

Shika nuke plant to be probed for active fault

Hokuriku Electric Power Co. plans to dig a tunnel under the reactor 1 building at its Shika nuclear power plant to investigate a suspected active fault.

China to continue building nuclear plants

China is quietly starting the construction of four new nuclear power plants placed on hold following the Fukushima nuclear disaster of March 2011.

Rotor of Vietnamese plant’s last turbine installed

The rotor of the sixth and last turbine of the Son La hydroelectric power plant has been installed.

Malaysian and Chinese firm to build RE production plant

AT Systematization Berhad and China’s Maoming Jiacheng Industrial Co., Ltd will form a joint venture company to produce renewable energy products.

CNOOC to buy Canada’s Nexen in biggest Chinese takeover

China National Offshore Oil Corporation is on the verge of completing the biggest foreign corporate acquisition in Chinese history.

Group advocates using local coal for Bangladesh power generation

The International Chamber of Commerce, Bangladesh reietrated that the cheapest option for the country to meet its increasing energy need is to use local coal forpower generation.

PLN taps HSBC as adviser for mine-mouth coal plant projects

Perusahaan Listrik Negara has appointed HSBC as a transaction adviser for two mine-mouth power plant projects in South Sumatra worth a combined $2 billion.