AsiaElec - Asia Power

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Power

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Overview

AsiaElec covers utility-scale power developments and policy across all main industry sectors, including coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the closely interlinked coal-mining sector.

AsiaElec reports on project investment and approval, providing news and intelligence on key developments. This is ideal, not only for investors, developers and competitors, but for service, infrastructure and construction companies, who benefit from knowing where best to make their next key move in a rapidly developing market.

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Pakistan's solar revolt strands China's Belt and Road coal plants

6 October 2026

Pakistan has bought its way out of Chinese coal with Chinese solar panels, and Beijing is left holding the bill.

Pakistan's rooftop solar capacity surges tenfold in three years

6 October 2026

Pakistan's net-metered solar capacity rose to 6.3 gigawatts (GW) by the end of fiscal year 2025 from about 0.6 GW in 2022.

Citaglobal unit wins Thailand waste-to-energy plant contract

6 October 2026

Citaglobal ( CITAGLB) said its indirect subsidiary won an engineering and equipment supply contract worth about MYR29mn ($7.09mn) for a waste-to-energy project in Thailand.

COP31 co-presidents Turkey and Australia two of world’s worst coal culprits, shows report

5 October 2026

Countries connected by supply chain responsible for over 75mn tonnes of CO₂ emissions since signing of 2015 Paris Agreement, analysis shows.

Philippines’ ERC restores $375mn to Napocor, hikes tariffs

5 October 2026

Regulators cleared state-owned National Power Corp (Napocor) to recover PHP23.52bn ($375mn) in previously denied expenses from electricity users, clearing a decade-long backlog of 26 tariff applications.

China launches 100MW carbon dioxide power storage

5 October 2026

China linked its first 100MW-class compressed carbon dioxide energy storage facility to the grid on October 2, marking a technological breakthrough for zero-carbon energy storage.

Vietnam starts Mekong Delta rice and biomass energy complex

5 October 2026

Construction began in Vietnam's Can Tho City on October 3 on a rice processing complex with annual capacity of 500,000 tonnes and an attached biomass fuel supply centre.

Pakistan promises IMF sale of nine power distributors by 2027

5 October 2026

Pakistan has told the International Monetary Fund it will sell nine state-owned electricity distribution companies by December 2027.

Vietnam's Nghi Son refinery posts first profit since 2018

5 October 2026

Vietnam's Nghi Son Refinery and Petrochemical (NSRP) earned after-tax profit of nearly VND14tn ($530mn) in the first eight months of 2026.

Doosan signs $625mn deal to build Vietnam's O Mon 3 plant

5 October 2026

A consortium led by South Korea's Doosan Enerbility has signed a KRW840bn ($625.40mn) contract with state-owned Petrovietnam to build the 1,155-megawatt O Mon 3 power plant in the Mekong Delta city of Can Tho.

Actis launches fourth India renewables platform

4 October 2026

Actis has launched Leo Energies, its fourth renewable energy platform in India, with plans to build more than 3 GW of onshore wind, solar and battery storage capacity

Coal India raises September supplies 12.5% y/y amid higher power demand

4 October 2026

State-run Coal India (CIL) increased coal supplies by 12.5% year-on-year to 61.20mn tonnes (mt) in September, as thermal power plants stepped up coal consumption to meet higher electricity demand

Gas Malaysia eyes 2026 decision on Kedah LNG terminal

2 October 2026

Gas Malaysia Bhd (KL:GASMSIA) plans to take a final investment decision on its first regasification terminal in the second half of next year, with start-up targeted for the end of 2030.

China delivers BEST reactor site for fusion breakthrough

2 October 2026

China delivered the project campus for its Burning Plasma Experimental Superconducting Tokamak (BEST) in Hefei, Anhui province.

US, South Korea sign $120bn nuclear power deal

2 October 2026

Washington and Seoul signed a $120bn framework agreement to construct eight nuclear reactors across the US.

South Korea's LS Electric wins $133mn transformer contract

2 October 2026

LS Electric (010120.KS) has secured a KRW180bn ($133mn) contract to supply ultra-high-voltage transformers to an unnamed US technology major.

South Korea group wins $618mn Vietnam power plant

2 October 2026

A South Korean consortium led by Doosan Enerbility (034020.KS) has secured an KRW840bn ($618mn) contract to build a gas-fired combined-cycle power plant in Vietnam.

Indonesian solar makers redirect exports to domestic market after US tariffs

1 October 2026

Indonesian solar panel manufacturers are redirecting output to the domestic market after the US imposed additional tariffs of up to 114% on their exports.

Petronas shuts Songkhla pipeline, warns of gas supply disruptions

1 October 2026

Malaysian state energy company Petronas has temporarily shut down the Songkhla export pipeline after detecting a problem during a routine inspection.

Indonesia undecided on extending industrial LNG discount into 2027

1 October 2026

Indonesia's Ministry of Energy and Mineral Resources has not begun discussing whether to extend the discounted liquefied natural gas price offered to industrial users beyond the end of this year.

Indonesia pivots downstreaming drive to EV batteries, storage

1 October 2026

Indonesia is moving its mineral downstreaming programme into a second phase focused on electric vehicle battery manufacturing, battery energy storage systems and other high-value industries.

Mitsubishi invests JPY500bn to expand LNG Canada project

30 September 2026

Mitsubishi Corp will invest about JPY500bn to expand production capacity at the LNG Canada project in western Canada.

Japan electricity bills hit record highs at all utilities

30 September 2026

Electricity rates for October usage will reach record highs at all 10 of Japan's major power utilities after a government subsidy expired.

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