PETALING JAYA: A Sarawak MP has panned the state government’s proposal to revive the Light Rail Transit (LRT) project to link Kuching with surrounding towns such as Kota Samarahan to combat traffic congestion. The DAP MP for Bandar Kuching Dr Kelvin Yii said the proposed LRT project might not be the most cost-effective solution or […]

MELAKA: PLUS Malaysia Bhd (PLUS), today launched the country’s first solar electric vehicle (EV) charging station. The highway operator plans to build five more such stations by early 2020. It’s Managing Director Datuk Azman Ismail said the first station, located at the Ayer Keroh Overhead Bridge Restaurant (southbound) on the North-South Expressway here, began operation […]

As part of continuing efforts to develop Singapore as an LNG trading hub, SLNG will be able to construct another LNG storage tank at the SLNG Terminal on Jurong Island, Singapore. SLNG has announced that it is keen to explore interest in the market to underpin this facility. SLNG is thus seeking non-binding Expressions of […]

KKR has invested S$45m ($33m) in Singapore-based energy savings business Barghest Building Performance, as the firm peruses its impact investment strategy. BBP provides energy efficiency services for heating, ventilation and air conditioning systems in commercial and industrial buildings. The company has operations across Southeast Asia, China, India and Taiwan. KKR launched its dedicated Global Impact business in 2018 to invest in businesses […]

SINGAPORE, Dec 13 (Reuters) – Shell Singapore, a unit of Royal Dutch Shell, has appointed a new country chairwoman who will assume the position from January next year, the company said in a statement on its website. Aw Kah Peng, who is currently general manager for Shell’s chemicals intermediates business in Asia Pacific, will succeed […]

| Achong Tanjong | A MEMORANDUM of Understanding (MoU) between Brunei Darussalam’s Dimension Strata Sdn Bhd and Bangladesh’s Green Power Ltd was held at the Bangladeshi High Commission in Brunei Darussalam in Jalan Sungai Akar, for joint collaboration in exploring investment and business opportunities yesterday. The ceremony was witnessed by the Bangladesh High Commissioner to…

MANILA, Philippines — MRC Allied Inc. is pursuing a solar rooftop project in Mindanao to meet its 100-MW target and become a key player in the country’s solar industry. In a disclosure to the Philippine Stock Exchange yesterday, MRC said it executed a memorandum of agreement for the development and installation of a 1.1-megawatt solar […]

KKR & Co. is buying a stake of as much as S$45 million ($33 million) in Barghest Building Performance, a Singapore provider of energy saving solutions, in the private equity firm’s first impact investment globally. It’s investing as part of a Series B fundraising for BBP, which helps companies throughout Asia reduce electricity consumption by […]

It wants to accelerate the construction of transformer stations and start operations of a line in South Saigon. Vietnam Electricity (EVN) will accelerate its projects in 2019 to meet rising demand and ensure sufficient supply for the year, Vietnam Energy reports. The projects include 220kV transformer stations in Luu Xa, Quynh Luu and Quang Chau […]

THE local unit of Australia-listed Energy World Corp. Ltd. (EWC) has revived talks with lenders to finance the completion of its 650 megawatt (MW) combined cycle gas-fired power plant after it has received certification from the government that the project is one of national significance. “We are in the process of finalizing the project funding […]