Following Fugro’s successful completion of the Super Typhoon Phase 1 project in 2017, CLP Power Hong Kong Limited (CLP) has awarded Fugro a sizeable contract for Super Typhoon Phase 2. This new consultancy project involves uprating and reinforcing the circuit lines of CLP’s 400 kV transmission overhead line (OHL) network in Hong Kong and nearby Shenzhen. Super typhoons, storms that reach sustained wind ...

Electricity consumption capacity in Vietnam recorded an all-time high of 38,800 MW on Tuesday, according to Vietnam Electricity Corporation (EVN). The consumption capacity on the national grid reached the record level at around 2 p.m. Tuesday, breaking the previous high of 38,147 MW achieved in June last year. Electricity consumption capacity on the grid also hit new heights in northern Vietnam, at 19,500 M ...

TRENDE Inc., a renewable energy retailer in Japan, announced today that it has successfully completed a Series B funding round from ITOCHU Corporation of 1 billion yen in a combination of equity and unsecured convertible bonds. "We're extremely pleased to have ITOCHU as an investor and partner in our mission to accelerate the widespread adoption of renewable energy in Japan," said Tadatoshi Senoo, CEO of TR ...

On 6 June, the Bay of Bengal Multisectoral Technical Economic Cooperation (BIMSTEC), the sub-regional cooperation bloc, marked its 23rd anniversary. Leaders of member-nations in their congratulatory messages wished each other for a speedy recovery from the Covid-19 and reposed faith in the ability of the seven-member bloc to build a secure and prosperous Bay of Bengal region. Prime Minister of Bhutan, ...

A power exchange functions on the lines of a commodity trading platform, allowing buying and selling of electricityThe market, which includes Myanmar, Sri Lanka, Nepal, Bhutan and Bangladesh, could aid regional peace and improve use of generation assets NEW DELHI: Besides aiding the financially stressed distribution companies (discoms) procure electricity at competitive rates, low auction prices in a real-t ...

Asia is upgrading its power grid progressively to meet increased energy demand and expand its distribution network. Core investment areas in the region include grid reliability and renewable energy integration. “An integrated power infrastructure takes advantage of different generation, transmission and distribution technologies to help utilities overcome the pitfalls of aging infrastructure assets while me ...

High-income economies have privatised their electricity distribution businesses to promote competition and efficiency in the power sector. Electricity regulator protects the interests of consumers. Electricity regulator acts as a legal and enforcement agency and balances the interests of both government and private investors. Globally, distribution utility privatisations have affected the sectoral output po ...

Kalpataru Power Transmission (KPTL) on Sunday said it had terminated the deal with CLP India to sell its transmission project ALP for not fulfilling certain conditions. The deal was inked in July last year. “This is in furtherance of our intimation on July 3, 2019, regarding execution of definitive agreement with CLP India for sale of stake in Alipurduar Transmission (ATL), a wholly-owned subsidiary of the ...

ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. Maharashtra, which is the second-most populous state in India, has ...

The power transfer potential of cross border electricity trade could be about 5,000-6,000 MW presently, which by 2030 is expected to almost triple to about 15,000 MW Pankaj Batra is the Project Director of South Asia Regional Initiative for Energy Integration (SARI/EI) program funded by United States Agency for International Development (USAID) and implemented by Integrated Research and Action for Developme ...