Bosowa Group, a Makassar-based conglomerate with diversified business interests, inaugurated its first power plant in South Sulawesi, maintaining the company’s commitment to develop eastern Indonesia. The coal-fueled plant is valued at $250 million and features two 125-megawatt turbines. Located in Punagaya village in Jeneponto district, it will boost the electricity supply for South Sulawesi capital Makass ...

Deputy Prime Minister of Vietnam Hoang Trung Hai has asked banks to provide capital for Electricity of VietNam (EVN) to develop urgent power supplies and the grid over the next two years. Hai said that although EVN made a profit this year, they still lacked funds because of aggregated losses. He asked the Ministry of Industry and Trade to send a list of EVN's projects to the Prime Minister this month and to ...

EnergyAustralia, a unit of Hong Kong-based utility CLP Holdings, said today it has shelved construction of a 1000 megawatt gas-fired power plant in Victoria due to a lack of electricity demand. The decision comes after rival AGL Energy in October said it was suspending indefinitely construction of a similar-sized plant in neighbouring New South Wales estimated to cost over $1 billion for the same reason. ...

The Malaysian power sector is bracing for another exciting year in 2013, buoyed by higher energy demand from growing industries and businesses. A steady gross domestic product (GDP) growth expected in 2013 will mean more electricity to power up factories, offices, shops and houses, analysts said. The demand for power in Malaysia has been growing hand in hand with the GDP for the past decades, they noted. En ...

Electricity Generating Public Company Ltd. of Thailand is expected to award the engineering, procurement and construction contract for the 500-megawatt expansion of a coal-fired power plant in Quezon province in the second half of 2013. A report by the Energy Department said the award of the contract was expected in July 2013, while the design and construction would start by January 2014. The report also sa ...

Private sector power generation company in India and a part of the Reliance Group Reliance Power Ltd. said it had synchronized the second of the two 300 MW units of its Butibori Thermal Power Project near Nagpur in Maharashtra and simultaneously achieved the coal firing of the unit. Power generated from the plant will be distributed to industrial and distribution utilities and will help reduce the demand-su ...

Mitsubishi Heavy Industries, Ltd. has received a full-turnkey order from Gulf JP UT Company, Ltd., or GUT, a wholly owned subsidiary of Gulf JP Company Limited, for the construction of a 1,600MW gas turbine combined cycle power generation plant consisting of two blocks of a 800MW power generation unit, in Thailand. MHI has also concluded a long-term parts agreement (LTPA) for the plant. The large-scale powe ...

The state-run Taiwan Power Co. (Taipower) should draft a plan by 2015 for the decommission of the first reactor at the Chinshan Nuclear Power Plant, which is the oldest nuclear power plant in the country, a senior official at the Cabinet-level Atomic Energy Council said Monday. The operator of Taiwan's three running nuclear power plants has to come up with the plan by Dec. 5, 2015 to show the authorities ho ...

If Indonesia wants to sustain its economic expansion in the years ahead, it must generate more power to meet the rising demands of a growing economy. Djoko Prasetijo, deputy director for system planning of Indonesia's state utility Perusahaan Listrik Negara's (PLN), said for Indonesia, every 1 percent growth of the country's gross domestic product (GDP) would require electricity input to grow by 1.2 percent ...

Trans-Asia Oil and Energy Development Corp. on Thursday entered into a subscription agreements with several investors covering P400 million worth of shares. The proceeds from the placement will be used to finance the firm's 134-megawatt (MW) power plant through South Luzon Thermal Energy Corp. (SLTEC). "Proceeds from the private placement will be used by the company for its equity investment in the second 1 ...