The master plans for coal, power and oil are impractical and have been developed in an illogical order, said Tran Viet Ngai, chairman of the Vietnam Energy Association (VEA). He was speaking at a forum themed “Energy and oil & gas: investment and sustainable development” held by VEA and the Ministry of Industry and Trade in Hanoi on Thursday. Many power projects have failed to stick to the schedules dra ...

Construction of a $4 billion project to build a 2,000 MW coal-fired power plant in Batang, Central Java, is facing slow progress due to land acquisition issues which have pushed it a year behind schedule, a senior government official said on Friday. The government has announced the tender winner for the project on October 2011, said Luky Eko Wuryanto, deputy minister for infrastructure and regional developm ...

In little over 18 months, South Korea will launch a scheme that will cap around 70% of its greenhouse gas emissions. A paper recently published by research firm Bloomberg New Energy Finance, in cooperation with Ernst & Young, concludes that the design is the most ambitious yet proposed anywhere, and could result in the Korean carbon price reaching the penalty level of $90/tCO2 – exceeding that in any ot ...

Thailand’s current IPP bidding is an exciting process for equipment suppliers of gas fired power plants. It boasts some ambitious developers and continues to represent the major growth market in South East Asia for combined cycle power stations. Vendors across the globe are waiting to find out who will be successful in what will ultimately be some of the most advanced in-class plants that Thailand has seen. ...

Energy Minister Pongsak Ruktapongpisal has given the Electricity Generating Authority of Thailand (Egat) the green light to proceed with a plan to build coal-powered plants in Myanmar and Cambodia - providing Thailand with 10,000 megawatts of electricity. EGAT has also been instructed to negotiate the purchase of nuclear power from China in order to bring down the cost of electricity. At present, households ...

China's state auditor said Friday that it had uncovered major policy violations at China Huaneng Group Corp, the nation's top power producer, including the building of power plants without approval. The utility group had started construction on 16 large projects, including the Huangdeng Hydropower Station, as of the end of 2011 without prior approval, the National Audit Office said in a series of reports po ...

National Power Supply (NPS), which is specialized in manufacturing, designing and development of power supply systems, revealed that the company has joined the natural-gas-fired power plant bid set for Independent Power Producers (IPPs), with combined capacity of 5,400-megawatt, which is scheduled to feed in power by 2020. Sitthiporn Rattanopas, NPS chairman, said that the company would join the bidding pro ...

State-run power major NTPC said it expects to start production at its six coal blocks by 2017, which will help it secure an additional 40 million tonne of captive coal. The six coal blocks include Pakri Barwadih, Chatti-Bariatu, Kerandari, and Chatti-Bariatu (South) in Jharkhand; Tallaipali in Andhra and Dulanga in Odisha. "One of the mines in Jharkhand is expected to start production this year. We expect t ...

AGL Energy Ltd.  Thursday played down interest in electricity generators being sold by Australia's New South Wales state, dealing a blow to lawmakers as they attempt to raise funds for major infrastructure upgrades. "We don't see a lot of value in those New South Wales assets and I will personally be quite surprised if we actually end up acquiring anything out of the privatization process," AGL Chief Execut ...

The latest power generation capacity auction for independent power producers (IPPs) has drawn a lukewarm response from a number of developers due reportedly, to impractical conditions. Only nine proposals from five IPPs were submitted on Monday, and all of the projects would be gas-fired plants. The five are state-owned Electricity Generating Authority of Thailand Plc, Gulf JP Co, National Power Supply, Glo ...