Reliance Power has pulled out from the proposed LNG terminal with Shell on the east coast, but the global major has a bullish long-term view on India and has decided to complete the project on its own in the market that has also lured BP. The Indian market is crying out for gas supply and infrastructure with dozens of power projects waiting in the wings. Roger Bounds, global head of Shell's LNG business, sa ...

The country's largest small power producer (SPP), Amata B Grimm Power Group, is conducting a feasibility study on investing in a coal-fired plant in Malaysia, company president Preeyanart Soontornwata said. She said the group became interested in supplying electricity to the South of Thailand after the blackout in 14 provinces early this year. Demand in that part of the Kingdom was growing and supply was no ...

South Korea hopes to lay the groundwork for its bids to win a string of massive infrastructure projects in Vietnam, including the construction of nuclear power plants, during President Park Geun-hye's state visit to the Southeast Asian nation, officials said Sunday. Park arrived in Hanoi on Saturday for a five-day visit billed by officials as the starting point for her "sales diplomacy" drive. The drive is ...

Government’s plan to continue allowing private companies to generate and supply power to the public can rise threefold to fourfold in the current power bill without issuing any particular law as to the electricity, said local sources. If the private companies supply power to the public, the charge of one unit might be K 120 to K 150. At present, the Ministry of Electric Power is signing agreements with the ...

In a first of this kind of arrangement, private power producer Torrent Power will directly buy natural gas from Petronet LNG to feed its station. “The first start is Torrent Power who is now connected to the Dahej terminal for direct supply of gas,’’ said A.K. Balyan, Chief Executive Officer, Petronet. Petronet is an importer of natural gas and currently operates two terminals at Dahej and Kochi. “They (Tor ...

Myanmar has signed a memorandum of understanding (MoU) with South Korea to build a 500-megawatt power plant which will use natural gas and garbage to generate power. The signing ceremony was held between Myanmar's Hexa International Company and Korea Western Power jointly with Korea Electrical Manufacturers Association on September 3 at Sedona Hotel in Yangon. The power plant will be built in Thakayta Towns ...

Amata B Grimm Power Group expects the money it raises from selling units of its infrastructure fund (ABPIF) will finance two of the 11 power plants it plans to set up by 2019. Each plant will require an investment of Bt2.5 billion, so this funding source could support about two of them, as ABPIF is worth Bt6.3 billion to Bt6.6 billion, said group president Preeyanart Soontornwata. She said the group would n ...

Highlighting GE’s technical expertise and regional capabilities in support of the country’s Small Power Producers (SPP) Program, GE and Bangkok-based power plant developer Bangpa-In Cogeneration Ltd, a subsidiary of CK Power Plc., have announced the signing of a $33 million service agreement. Under the agreement, GE will provide inspection and planned maintenance services for 12 years for two GE LM6000-PD a ...

Mitsubishi Heavy Industries, Ltd. (MHI), jointly with CTCI Corporation, the largest engineering, procurement and construction (EPC) firm in Taiwan, has received a full-turnkey order from Taiwan Power Company (Taipower) for a project to construct a natural gas-fired gas turbine combined cycle (GTCC) power generation plant with collective power generation capacity of 2,600 megawatts (MW). The large-scale GTCC ...

State-run NTPC is likely to bid for two ultra mega power projects (UMPPs) worth Rs 20,000 crore each in Odisha and Tamil Nadu, a top company executive said today. "We have been participating in UMPPs and will bid for such projects as and when they come," company's Chairman and Managing Director Arup Roy Choudhury told reporters today. The Power Finance Corporation (PFC) is expected to invite preliminary bid ...