Staff Reporter

AES taps 14 financers for $1.5B Vietnam coal-fired plant

AES taps 14 financers for $1.5B Vietnam coal-fired plant

AES has closed a $1.5 billion long-term non-recourse construction financing from 12 commercial banks and two Korean government export credit agencies for its 1,200MW Mong Duong II coal-fired power plant.

Oil and gas sector at risk due to limited access to reserves

And uncertain energy policy continues to pose a significant risk as it is in a continued state of flux in many regions worldwide.

GCL-Poly Energy gets $713m loan from China Development Bank

The bank has already extended credit lines to several solar firms totaling over $30 billion in 2010, according to a Reuters report.

Power transmission corridor proposed for Chhattisgar

A high capacity transmission corridor is being pursued to increase the power infrastructure in the state of Chhattisgarh.

BHEL's tardy thermal project implementation delays operations by 2 years

BHEL has been unable to conclude the trial operation completion for the two 125 MW units of the project of the Barsingar thermal power station.

Australian firm terms Lanco’s termination of coal supply pact as wrongful

Australia’s Perdaman Industries termed the Lanco Infratech's move to terminate thier coal supply pact as “wrongful”. 

Pakistan unable to get stay order against Indian hydro project

Pakistan failed to obtain a stay order from the International Court of Arbitration against India’s construction of the Kishanganga Hydroelectric Power Project.

Japan, Vietnam restart nuclear tech talks in September

The governments of Vietnam and Japan will restart discussions in September on the provision of Japanese nuclear power technology to the Southeast Asian nation.

Malaysia's Seda revises quota for renewable energy sources

Malaysia's Sustainable Energy Development Authority will be revising downwards the quota for all renewable energy sources for the remaining of this year.

Laos' Nam Ngum II dam starts selling electricity to Thailand

Nam Ngum II hydropower dam has started selling electricity to Thailand, according to Ratch-Lao Service Company Managing Director, Mr. Jatuporn Soparaksa.

BGR Energy wins Rs 444 crore projects from NPCIL

BGR Energy Systems bagged Rs 444.48 crore worth of orders from Nuclear Power Corporation of India.

China agrees to lend Nepal $1.6B for West Seti hydel project

 China has agreed to lend Nepal $1.6 billion for thet West Seti Hydropower Project.

Vietnam power sector to need annual investments of over US$6 B

Under the plan recently approved by the Prime Minister, electricity price shall be gradually adjusted according to market mechanism and is expected to be 8-9 cents per kWh in 2020. It is currently at about 6 cents per KHh.

Russia eyes on Central Asia's mass energy projects

Russia on Friday showed big interest in joining a project to build a gas pipeline linking Turkmenistan, Afghanistan, Pakistan and India, according to Xinhua News.

Ming Yang to construct wind farm for China Wind Power

China Wind Power has signed an engineering contract with China Ming Yang Wind Power Ltd for the construction of its wind farm project in China.

Japan bearing firm sees increased sales for wind generators

NTN Corp.expects sales of the devices used in wind-power generators to exceed target after the Fukushima disaster spurred demand for alternative energy sources.

Hyundai Heavy targets $300 M annual wind turbine sales to Chinese plant

Hyundai Heavy Industries expects annual sales of as much as $300 million from a wind-turbine factory in China as it bolsters clean-energy units to pare a reliance on making vessels.