Phoenix-CNOOC JV to build Philippines’ first LNG terminal
The Philippines’ energy ministry has approved the bid from local fuel retailer Phoenix Petroleum and China’s CNOOC to build the country’s first liquefied natural gas (LNG) import terminal. The $2 billion regasification and imports terminal will be built south of the capital of Manila, featuring a capacity to handle 2.2 million tonnes per annum (Mtpa) of […]
Philippine Company to Breathe New Life Into ECG
The new Philippine company set to appropriate ECG (Electricity Company of Ghana) is bringing approximately $580 million into their operations. Meralco Consortium, a power corporation from the Philippines, will adopt all assets and operations associated with ECG under the name Power Distribution Services (PDS) Ghana Limited. The takeover happens on February 1, 2019. This event […]
IPP bidding for 8,300MW in 2019 pipeline
A co-generation gas-fired IPP project, operated by Egat, is located in Ban Pong district, Ratchaburi province. The Energy Ministry plans to open bidding for independent power producers (IPPs) for a combined capacity of 8,300 megawatts (MW) this year. This will be the fourth round after IPP rounds for a combined capacity of 14,948MW that occurred […]
SP Group rolls out 38 electric vehicle charging points in 19 locations
SP Group, the giant energy provider of Singapore, has rolled out 38 electric vehicle (EV) charging points in different 19 locations around the island as part of its first wave of public charging points. The locations are equipped with nineteen 50kW direct current (DC) charging points as well as nineteen 43kW alternating current (AC) charging […]
Indonesia mulling over electric car regime choice as foreign carmakers await outcome
JAKARTA – Indonesia is juggling between two options as it moves closer to setting regulations on the adoption of electric vehicles. The impending outcome is set to benefit Japanese car giant Toyota or South Korea’s Hyundai Motor and European carmakers such as BMW. The Joko Widodo administration is throwing its support behind green vehicles as […]
Power shortages predicted for Southern region in 2021
From now to 2030, the demand for electricity will continue to grow at a high level, the report said. The electricity sector will need to ensure 265 to 278 billion KWh by 2020 and 572 to 632 billion KWh by 2030. The growth rate in the 2021-2030 period will be 8-8.5 per cent. Tran Dinh […]
Transmitted power volume rises 11 percent last year
Hanoi (VNA) – The National Power Transmission Corporation (EVNNPT), a subsidiary of the state-owned Vietnam Electricity (EVN) group, transmitted 184.5 billion kWh of electricity in 2018, up 11.03 percent from the previous year. The statistics were released by EVNNPT General Director Nguyen Tuan Tung at a meeting in Hanoi on January 8 to review the […]
Cambodia less reliant on electricity imports, says official
Victor Jona, director-general of Energy at the Ministry of Mines and Energy, said Cambodia is less reliant on foreign electricity sources, resulting in a reduction of the country’s electricity imports due to the constant development of the local electricity sector. Mr Jona said the development of the energy sector in Cambodia has increased significantly thanks […]
Cambodia less reliant on electricity imports, says official
Victor Jona, director-general of Energy at the Ministry of Mines and Energy, said Cambodia is less reliant on foreign electricity sources, resulting in a reduction of the country’s electricity imports due to the constant development of the local electricity sector. Mr Jona said the development of the energy sector in Cambodia has increased significantly thanks […]
Meralco rates down this month
The overall tariff billed by Manila Electric Company (Meralco) to the wide base of its residential subscribers this January was down by P0.3418 per kilowatt hour (kwh) due to lower cost of supply procurement from power producers. The average rate reflected in the bills for those in the 200-kilowatt hour consumption bracket then had been […]