News Update

Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.

 

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Date News Title Source
9 May 2012 China to build Singapore's biomass-solar power plant China daily
8 May 2012 China's first deep-water rig to drill in South China Sea China Daily
8 May 2012 India: Coal India inks FSAs with 13 power units so far The Hindu Business Line
5 May 2012 India: Ministry plans sovereign fund for coal buys abroad The Financial Express
30 April 2012 Philippines to award oil, gas exploration contracts Business Recorder
28 April 2012 New NAP strategies to turn Malaysia into an energy efficient vehicle hub The Star
26 April 2012 Bangladesh signs drill deal with Russia's Gazprom Business Week
18 April 2012 Wind energy in Pakistan: Sindh to allot 26,000 acres for wind turbines Reve
17 April 2012 Bangladesh approves allocation of $135 million from gas fund for projects Platts

 
India: Companies scramble to set up solar power projects
The Economic Times, 15 October 2011

India's solar power sector is gathering steam, with 150 companies rushing in to offer 2,500 megawatts of projects for the second round of bidding, seven times the allocated capacity of 350 mw for which bids were invited, raising hopes that electricity tariffs from the renewable source would fall below Rs 10 per unit. About 150 companies are in the fray for 218 projects worth Rs 3,500 crore in the second round of projects under the Jawaharlal Nehru solar mission that aims to add 20,000 mw of solar capacity in the decade. In the previous round, the government had received bid applications for about 1,700 mw against an available allocation of 150 mw solar power.  Read full story...