In conjunction with Biomass Asia Conference held in Kuala Lumpur on May 21 CHE Metal Works Sdn Bhd, who is an established processing equipment manufacturer in Malaysia has entered into a joint venture agreement with a renowned advanced renewable energy technology provider from Europe, Torftech UK Ltd. The signing ceremony is also witnessed by the Ambassador and head of the delegation of the European Union t ...

Hong Kong billionaire Li Ka-shing is buying a Dutch waste and renewable energy company for 943.7 million euros ($1.3 billion), his company said Monday, as the infrastructure and utilities businesses of Asia’s richest man expand further internationally. Four companies controlled by Li including Cheung Kong Infrastructure Holdings Ltd. said they were teaming up to buy AVR-Afvalverwerking BV. The group said it ...

State-owned power utility Perusahaan Listrik Negara is seeking an additional 28 million metric tons of coal per year, after the government ordered it to build additional coal-powered plants with a combined capacity of 7,000 MW. “Every 1,000 MW of power capacity consumes 4 million tons of coal a year,” PLN coal director Helmi Najamuddin said on Friday. The government initially planned for an additional capac ...

The Korea Electric Power Corporation (KEPCO) is under fire for selling electricity at a price cheaper than its cost of production to multiple conglomerates. The Board of Audit (BAI) yesterday presented its audit report conducted from Sept. 20 to Nov. 23 last year into nine state-run corporations, including KEPCO and the Ministry of Trade, Industry and Energy. According to the report, KEPCO sold the electric ...

If the participation of 900 delegates – the largest to date – from around the world, representing governments, business, civil society and academia at the World Economic Forum on East Asia in Naypyidaw from June 5-7 was any indication, then Myanmar has successfully shown that the international community is ready to do business with it. Located strategically between two of the world’s largest economies, hold ...

Marubeni Corp,  Japan’s biggest investor in electricity outside of utilities, agreed to study building power generation plants in Southeast Asia with a unit of Thailand’s state-owned PTT Plc. Marubeni and PTT’s Global Power Synergy Co. (SYNG) will evaluate adding power stations in Myanmar, Laos, Vietnam and Thailand, PTT Chief Financial Officer Surong Bulakul said by phone today. Tokyo-based Marubeni and Gl ...

Japan's Marubeni Corp is set to supply electricity and steam to huge petroleum-related complexes in Saudi Arabia, as part of a project involving state-owned oil company Saudi Aramco, Kuna has reported. The project will involve installing cogeneration power systems at three complexes in eastern Saudi Arabia to generate a combined 840,000 kW of power and 1,478 tonnes of steam an hour. Total costs are estimate ...

Qantas has launched one of Australia’s largest trigeneration power plants, designed to supply the airline’s Sydney headquarters with clean energy for electricity, heating and cooling. Trigeneration is a low-carbon form of energy production that is more than twice as efficient as traditional coal-fired generation. An engine powered by natural gas generates electricity, and the excess heat from the process – ...

South Korea’s Daelim Industrial Co. is in exclusive talks to buy a 30% stake in an Australian power station owned by Japanese trading house Marubeni Corp., a person familiar with the matter said Tuesday. The move by Marubeni to find a buyer for its interest in the Millmerran power station in Queensland state was first reported by The Wall Street Journal in February. A deal is expected to be agreed within th ...

Tata Power Company Ltd on Friday said it has bagged a 1,200 MW power project in Vietnam. The coal-fired supercritical project would mark the Tata Group firm’s entry into the South-East Asian country. “Tata Power has been awarded Long Phu 2 project by the Government of Vietnam based on the pre-feasibility studies. The capacity is 1,200 MW as per the Master Plan. Tata Power is pursuing further steps including ...