South Korea has announced that it has shut down two nuclear reactors after it was revealed that some of the parts used were not properly tested. The Knowledge Economy Minister Hong Suk-woo made the announcement, Confirming that the parts had been had been issued with fake safety certificates, and subsequently installed. Hong Suk-woo was at pains to state that the untested components were "non-core" parts an ...

China’s second round of shale-gas auctions attracted 152 bids from 83 companies, as the nation allowed non-state entities to participate in the sale for the first time. Nineteen of the 20 blocks offered in today’s auction received at least three bids, the minimum required for a block’s auction to proceed, according to a statement posted to the website of the Ministry of Land and Resources today. A block, wh ...

Infrastructure financing and project development firm IL&FS (Infrastructure Leasing & Financial Services Ltd) is working on setting up a power plant with a capacity of 4,000MW in Gujarat, government sources said. The project, scheduled to start in June 2017, would be the single-largest generation power project in the country and equal the Centre's showcase ultra-mega power projects (UMPPs) being set ...

The Kolkata Port Trust (KoPT)'s efforts to get shippers to transload dry bulk cargo from mother vessels at the anchorage in Sandheads suffered a major setback on Thursday after a ship, loaded with nearly 74,000 tonnes of imported thermal coal for the National Thermal Power Corporation (NTPC)'s power plants at Farakka and Kahalgaon, decided to sail to the private port of Dhamra in Odhisa's northeastern coast ...

The world’s largest private utility company, GDF Suez, has opened two new offices in Indonesia to expand its growing local business. GDF Suez Energy Asia CEO Willem van Twembeke said in Jakarta on Wednesday that the new offices – GDF Suez Energy Indonesia and GDF Suez Exploration and Production International — were opened to better tap Indonesia’s rich natural resources. “We consider Indonesia an extremely ...

Reliance Power's Sasan ultra mega project expansion plans face hurdles as Ministry of Environment and Forests (MoEF) has sought additional information from the company stating the proposal in the current form is pre-mature. Sasan Power Ltd, which is implementing Rs 9,805 crore- 6x660 MW Sasan Ultra Mega Power Plant (UMPP), had approached the ministry seeking clearance for the expansion of the project by 3X6 ...

Recent efforts by the Indonesian government to attract geothermal companies seem to be having an effect. At a September meeting in Washington DC on Renewable Energy Opportunities in Indonesia, hosted by the US-ASEAN Business Council, speaker Joel Kopp (U.S. Embassy Jakarta) recounted the efforts of Indonesian leaders, who have set a separate feed-in tariff for geothermal at between 10 and 18.5 cents-per-kWh ...

Investors behind Vung Ang 2 thermal power plant are expected to sign a build-operate-transfer (BOT) contract before the year of this year. It will become the third foreign-invested BOT power project in Vietnam over the past decade, following Mong Duong 2 plant invested by AES Corporation, Posco Power and China Investment Corporation, and the Hai Duong power plant invested by Malaysia’s Jaks Resources. Minis ...

The first unit of a coal-fired power plant with a production capacity of 660 MW has been officially launched in Cirebon, West Java, which is hoped to boost the electricity supply in Bali and Java. Energy and Mineral Resources Minister Jero Wacik launched the plant, the Cirebon Electric Power Plant (CEP), which is located on a 100-hectares of land on the coastalof Cirebon.?? Earlier this year, state utility ...

Adhunik Power & Natural Resources Ltd (APNRL), power arm of Kolkata based Adhunik Group, commissioned the first 270MW unit of its 2 x270 MW coal fired thermal power plant today. APNRL is a step down subsidiary of the listed Adhunik Metaliks, the flagship company of the Adhunik Group. The power plant was inaugurated by the Chief Minister, Govt of Jharkhand, Arjun Munda at a function in the Saraikela-Khar ...