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 ...

JX Nippon Oil & Energy Corp said on Friday it would buy 60,000 tons of liquefied natural gas (LNG) on the spot market, aiming to expand sales in a domestic market shifting away from costlier and more polluting oil. This would be the second attempt by JX Nippon Oil, Japan's top refiner, to buy LNG via a spot contract. Its first purchase was earlier this year, moving into a market dominated by power and g ...

Woodside Petroleum has agreed to explore for oil and gas in Myanmar with South Korea's Daewoo International Corp, giving Australia's biggest oil and gas company a foot in the door in one of the global industry's most promising frontiers. Woodside said on Friday that Daewoo International has agreed to sell it a 40% stake in a production sharing contract in Block AD-7 in the Rakhine Basin, in the western offs ...

The World Bank will work together with the Japanese government and the International Finance Corporation (IFC) to support Nepal on the development of hydropower sector. “The government of Japan has said it would soon provide US$ 150 million for developing Tanahu Hydropower development project,” said Finance MiniterBarsha Man Pun, who returned from the 67th annual meeting of the International Monetary Fund ( ...

Reliance Power has secured the techno economic clearance from the country's Central Electricity Authority for its 700MW Tato II hydro power project in the north-eastern state of Arunachal Pradesh. The company can now proceed with the implementation of the project with immediate effect, reported The Hindu BusinessLine. Estimated to cost INR60bn ($1.1bn) the Tato II project is proposed to be developed in the ...

Authorities in the central province of Quang Tri visited a hydropower plant site Saturday after the investor finally admitted that its dam broke a week ago, flooding local fields. Truong Son Hydropower JSC, the project investor, said the accident happened on October 7 while it was experimenting with water storage. It said construction at part of the dam was not finished and torrential rains from typhoon Gae ...

China Hydroelectric Corporation (China Hydroelectric), an owner, developer and operator of small hydroelectric power projects in the People's Republic of China (PRC), today announced the Company has entered into an Share Transfer Agreement to sell its Yuheng hydroelectric power project, a 30MW project located in Fujian province. The total consideration is RMB279.0 million (approx. US$44.3 million), includin ...

All six turbines at Vietnam's 2,400-MW Son La hydropower plant have been connected to the national grid, marking the completion of the nation's largest hydroelectric project.Work on the US$2.5 billion project began in 2005, with the previous five Francis-type turbines being put into service incrementally throughout the construction process. Already, Electricity of Viet Nam (EVN) says the Son La complex has ...