India promised to protect key industries from the full impact of higher gas prices last week, taking the shine off a reform which may bring in more investment to the gas sector but could hike costs for consumers by around 50 percent from next year. Asia's third-largest economy took the unpopular step of approving a gas hike for the first time in three years on Thursday to encourage investment in domestic ou ...

Origin Energy Ltd. has acquired a power generator from the New South Wales state government for 659 million Australian dollars (US$603 million). Origin, which is Australia's biggest electricity retailer, said it only had to give the government A$50 million cash to buy Eraring Energy. The sum was so low because it had previously paid the government A$609 million back in 2010 to acquire all the generator's po ...

Siemens is expected to cut around 1,700 jobs in the restructuring of its energy business. WirtschaftsWoche said the unit's main production facilities in Erlangen and Offenbach and a plant in Muelheim an der Ruhr would be affected by the cost-cutting drive. Around 140 jobs at Muelheim, where Siemens makes steam turbines, will be cut, the magazine said, citing labor representative sources. Siemens' energy bus ...

Thailand has reiterated the demand for more coal power plants as power consumption in the country surges to new highs, casting doubts over a supply shortage in the future. Thai Energy Minister Pongsak Ruktapongpisal says local resistance to coal plant construction may leave the government with no choice but to invest on building power plants in neighboring countries like Myanmar, Malaysia, Cambodia and Laos ...

The new issue of Power Insider Asia is out now! And it has a brand new look! This issue focuses on China and Thailand and has a fantastically fresh new image. We have some great features on power generation, and highlights include an exclusive tour of the Tanjung Bin 4 plant with Alstom, an overview of China’s clean coal technology market, a roundtable on the Chinese power equipment market with Shanghai Ele ...

Following protests over its plan of converting the oil-fired unit-6 in Trombay facility to a coal-fired one, the Tata Power Company will now arrange for visits by NGOs, activists and locals to change public perception about the plan. The experts’ appraisal committee (EAC) of the ministry of environment and forests (MoEF) had, last week, asked Tata to submit a compliance report and carry out some tasks befor ...

B.Grimm Trading Corporation (BGTC), an affiliate of the B.Grimm Group, expects revenue growth of at least 50% each year until 2030 on the back of an Energy Ministry plan for more gas-fired power plants. The company, which distributes imported engineering products, last year achieved revenue of 819 million baht from its four business units _ electrical, mechanical, air-conditioning and heat-recovery steam ge ...

State-controlled inspection firm Sucofindo has signed a memorandum of understanding with the Korea Institute of Energy Research, a South Korean nonprofit research institute, to introduce technology that could upgrade the quality of its coal. The technology will use waste or residue from palm oil to increase the calorific value of coal, turning it into medium-rank coal, which typically has a calorific value ...

Tata Power has commissioned a 1 MW geothermal pilot plant in Australia. The Australian geothermal project will be under Geodynamics Ltd., of which Tata Power is an associate participant. Geodynamics has geothermal exploration interests in three Australian states, including 2000 square kilometers in the Cooper Basin. The Cooper Basin is said to contain the hottest granites on earth and has an estimated therm ...

Tenaga Nasional Bhd and Sime Darby Bhd are teaming up to undertake a biogas project from agricultural wastes. Tenaga said on Monday its unit TNB Energy Services Sdn Bhd and Sime Darby Plantations Sdn Bhd would set up a joint venture company. Sime would hold a 51% stake and Tenaga 49%. The power giant the JV was in line with the national agenda in promoting renewable energy to support the current shortage of ...