Trans-Asia Oil and Energy Development Corp. said on Monday it has released P2.829 million from the proceeds of its 2012 stock rights offering (SRO) to fund expensed in a renewable energy (RE) project. In a disclosure to the Philippine Stock Exchange, Trans-Asia said it will use the funds for the 54 MW wind energy project in San Lorenzo, Guimaras. Unit Trans-Asia Renewable Energy Corp. has already received t ...

The current electricity generation in Pakistan is 12,900 MW, but the demand is17,000 MW, according to reports on Monday.
People across the country are facing the worst ever electricity load shedding this summer with power shortfall exceeding 4,000MW and the duration of load shedding rising to 18 hours a day in most areas. The citizens of rural areas are facing more than 20 hours of load shedding while in ur ...

The great Australian resource rush has undoubtedly been the primary reason for the countries impressive projection into the realms of AAA credit rating, but the outlook is seemingly not so rosy with old dogs learning new tricks and global market conditions changing in a way that was not part of the plan. The bright future flagged for Queensland's gas exporters has been confronted by the prospect of rivals f ...

Thailand's largest private power producer, Electricity Generating Plc (EGCO), has accelerated its plan to build a new power plant in Khanom, Nakhon Si Thammarat, by two years to ease the supply shortage. The previous plan was to build the 7.5-billion-baht facility once the concession of its old power generator there expires in 2016, but the recent outage in southern provinces spurred the move, said presiden ...

Indonesia’s state-owned electricity firm PT Perusahaan Listrik Negara (PLN) announced on Tuesday that it would assist Myanmar’s Ministry of Electric Power to cut energy losses in the former pariah nation. PLN-Myanmar cooperation director, Harry Hartoyo, said in a statement that the rate of power losses or the loss of produced electricity in Myanmar was still high at around 26 percent. The Jakarta-based util ...

CK Power, the power development arm of Ch Karnchang, plans to invest more than Bt10 billion to increase its power generation from 874.5 megawatts now to 4,380MW in the next 10 years. CK Power invests in power plants in Thailand and overseas. Currently, the company holds a major stake in five power firms. They include the hydropower plant Southeast Asia Energy Co (SEAN) in Laos, three solar power plants in T ...

Explosion Power Hong Kong promotes two main products: Manual off- and on-load boiler cleaning services; and the supply, installation, and maintenance of the Explosion Generator, manufactured in Switzerland by our parent company Explosion Power GmbH, and worldwide distributed by the Clyde Bergemann Power Group. In China we operate through our wholly owned subsidiary B&C Environmental Technology (Shenzhen ...

Tata Power has plans to expand generation capacity of 4,000-MW Mundra plant, the country's first operational ultra mega power project, to 5,600 MW, a company official said. "Tata Power is exploring setting up additional two units of 800 MW each expanding the overall capacity of the Mundra power plant project from 4,000 MW to 5,600 MW," the Executive Director and CEO of Coastal Gujarat Power Ltd (CGPL), the ...

The construction of Indonesia country’s largest coal-fired power plant in Batang, Central Java will continue as originally scheduled despite strong protests from locals and environmental groups. Mr Luky Eko Wuryanto deputy for infrastructure and regional planning at the office of the coordinating economic minister, said that the government would do everything it could to ensure that the construction of the ...

Asia’s second-biggest power utility by value, will almost double purchases of coal from outside India this fiscal year to curb fuel shortages at its plants, said two company officials familiar with the plans. The state-run Indian company will import 17 million metric tons of thermal coal in the year started April 1, compared with 9 million tons the previous year, the people said, asking not to be identified ...