The Private-public Working Group for the National Basic Energy Plan made public its draft for a second plan for 2013 to 2035 on October 13. One noteworthy point is that it lowers the ratio of nuclear power generation to between 22% and 29% by 2035. Given that the preceding plan covering the period of 2008 to 2030, which was set up five years ago, had a target of 41%, this implies that a significant change i ...

Kosgulana Hydro Company (Pvt) Ltd signed an agreement with the Board of Investment of Sri Lanka  to set up a Mini Hydro Power plant. Dr Lakshman Jayaweera, Chairman of the BOI signed the agreement on behalf of the BOI and Watanabe Satoru, Chairman and Mohamed Azam Koya, Director of the company have signed the agreement on behalf of the company. The wire site of the 1.5 MW project is located on Kukule Ganga ...

Huaneng Power International Inc. plans to invest 1.66 billion yuan ($271 million) in a gas-power project and a wind farm in China as the nation seeks to reduce carbon-emissions from fuels such as coal. The listed unit of China’s biggest electricity producer plans to use bank loans and internal funds to pay for a 1.21 billion yuan gas-fired distributed power plant in the Guangxi Zhuang Autonomous Region with ...

Terming any lapse in implementation as unacceptable, Prime Minister Nawaz Sharif on Monday approved immediate construction of two power plants at Gadani in Balochistan and Port Qasim in Karachi. The projects had been announced by Nawaz earlier in the year. The Punjab Government has also agreed to work on a power plant in Port Qasim. To track progress on these projects, Nawaz issued directives for establishi ...

Wind farm developer Gamesa Wind Turbines today announced it has inked an agreement with a power and utility company, for setting up a 54 MW wind power project in Andhra Pradesh. The Chennai-based company, however, did not disclose the size of the deal or the name of the power utility. As per the agreement, Gamesa would supply 27 units G97-2.0 MW turbines at Taggubarthi, Andhra Pradesh. The commissioning is ...

GE announced today the expansion of its high-performance Advanced Gas Path (AGP) portfolio to its 9F-3 and 9E gas turbine customers operating in Asian energy markets and around the globe. This technology, which is proven to deliver industry-leading upgrade performance, marks the first of its kind available for comparably sized gas turbine assets in both classes. GE made the announcement today at the 2013 PO ...

Cross-border power exchanges can play a central role in helping Asia and the Pacific meet its booming demand for power, which is set to sharply outpace the rest of the world’s over the next two decades, says a comprehensive new report from the Asian Development Bank (ADB). “Our projections show the region will consume more than half the world’s energy supply by 2035, with electricity consumption more than d ...

The global hydropower market will continue to expand over the next seven years, driven by strong growth in the Asia Pacific region that will see total capacity top 1,400GW by 2020. That is the conclusion of a new report from analyst firm GlobalData, which predicts global cumulative hydropower will rise from 1,065GW in 2012 to 1,407GW by 2020, delivering a compound annual growth rate of 3.5 per cent. The rep ...

The world's leading energy officials meet in South Korea this week to discuss the sector's major challenges, ranging from climate change to the rise of fracking and nuclear power's uncertain future. The 22nd World Energy Congress begins today in Daegu, which has set its sights on becoming a model for the use of renewable energy, particularly solar. With more than 5,000 participants from 93 countries, the co ...

Myanmar, India and Singapore will partner to build a 500 megawatt coal-fired power plant in Kyauktan, located in the Yangon Myanmar region. The Myanmar Ministry of Electric Power, Diamond Palace Services Orange of Myanmar, Powergen Pvt Ltd of India and Global Adviser Pte Ltd of Singapore are involved in the project. The plant will provide power to the Yangon region. Myanmar is facing increasing energy deman ...