AUSTRALIA'S second largest energy retailer AGL has raised the prospect of buying a NSW government-owned coal fired power station. The comments surprised analysts, given the current weakness in wholesale electricity prices and falling energy demand. But a jump in AGL's full year profit to $389 million in the 2012/13 financial year was driven by higher earnings from its power generation business. That was due ...

Japan has promised help construct a 500-Mega watt natural gas power plant in Yangon, according to officials. The power plant will be located in Hlaingtharyar Industrial Zone and plans to be completed by 2015. An agreement for the project was made by Japanese Minister for Economy, Trade and Industry, Mr. Toshimitsu Motegi during a meeting with Myanmar President Thein Sein. "The minister agreed to provide tec ...

Siemens Energy and its partner, GS Engineering & Construction (GS E&C), handed over the most efficient fossil-fired power plant in Asia to the South Korean power utility GS EPS Co. Ltd. The handover of Dangjin 3 (formerly Bugok 3) combined cycle power plant took place twelve days ahead of schedule. Thanks to the main components, Siemens’ world record-breaking H-class gas turbine and the special stea ...

Managing Director of Iran’s Middle East Turbine Machine Company Hassan Halali made the announcement in Tehran today. “… Manufacture of 6-megawatt and 10-megawatt turbines will be accomplished according to plans …,” Halali said. He noted that indigenizing manufacture of turbines is not only cost-effective under the conditions of the US-led sanctions against Iran, but even after the sanction are lifted it wil ...

The power generating arm of the Manila Electric Company (Meralco) is partnering with one of Thailand's largest electricity producer to build a new coal-fired power plant in Quezon province. In a disclosure to the Philippine Stock Exchange on Tuesday, Meralco said it authorized Meralco PowerGen Corporation to execute a development and other related agreements with Electricity Generation Public Company Limite ...

A court in Busan on Thursday issued an arrest warrant against Lee Jong-chan, the senior executive vice president of the state-run Korea Electric Power Corp. implicated in a snowballing corruption scandal. The court issued the warrant out of concerns that the suspect could destroy evidence or flee, officials said. The prosecution on Tuesday detained the 53-year-old executive and requested a warrant against h ...

The controversial Myitsone dam project in Myanmar's Kachin state has been suspended for over two years now and stop-work costs, amounting to millions of US dollars, are mounting. No resolution seems to be in sight for the China-contracted project. The company, China Power Investment, may be facing losses, but local Myanmar citizens want the government to scrap the development entirely. Things came to a stan ...

State-owned electricity company PT PLN are teaming up with PT Astra Graphia Information Technology (AGIT) on an IT project valued at Rp 21 billion (US$1.94 million), in order to lower operational and maintenance costs for transmissions reaching Rp 2.35 trillion in 2012 and to answer calls for more efficiency. The project, dubbed the Enterprise Asset Management (EAM), will be implemented by AGIT on PLN’s tra ...

Intergraph® has released Intergraph Mobile Alert, a new mobile application for crowdsourcing incident information. Intergraph Mobile Alert simplifies reporting for citizens. Cities benefit by enlisting the masses to help define and pinpoint issues, such as road or utility line damage. With crowdsourcing to collect data about city infrastructure growing in popularity, Intergraph’s Mobile Alert allows citizen ...

Nuclear Information Technology (China) Forum 2013 successfully ended up at Aug. 9th in Shanghai Marriot. More than 210 nuclear IT experts in and abroad joined in this international nuclear IT conference. Focused on the development plan of nuclear IT industry, latest R&D progress of nuclear self-reliance software and valuable experience exchange of leading nuclear companies’ information technology develo ...