News

Korea Power Electric Corp. has completed a new power plant in Cebu, the Philippines.

India's peak deficit and energy shortage, the two key indicators of the power and energy availability situation, registered a dip in May 2011 from the previous month.

Tripura will receive a Wolrd Bank loan of INR11 billion or US$245.34 million to improve power transmission and distribution system.

Australia will spend AU$770 million or US$819 million for its Solar Flagships programme.

India's Ministry of Coal has issued a warning to NTPC, India`s largest power generating major, for exhibiting a dawdling performance at its Pakri Barwadih and Talaipalli coal blocks.

Laos will proceed with the construction of its $3.5 billion hydropower dam in violation of its agreement with neighboring countries. The Lao government. which agreed suspend the project pending approval by ministers of neighboring countries, has given Thai developer Ch Karnchang the green light to resume work on the Xayaburi Dam. Mekong basin countries are bound by treaty to hold inter-governmental consultations before building dams. After months of pressure from environmentalists and neighboring countries, Laos agreed on April 19 to defer the project until a meeting of ministers of the four countries involved, slated for the end of the year. The full story is available at reuters.

China will invest 400 billion yuan or $62 billion in the construction of four hydroelectric dams.

ADB is urging Asia-Pacific countries to invest in clean energy and energy efficiency to secure recent economic gains.

NHPC intends to invest Rs 2,400 crore for three projects in Jammu & Kashmir under a joint venture with Jammu & Kashmir State Power Development Corporation and PTC India.

CEM is reviewing the condition of the power network and defining a medium and long-term development plan to reinforce the network reliability. This is to further ensure the reliability of power supply to be in line with the surge of electricity consumption.

Commerce Minister of Bangladesh Faruk Khan announced that the Bangla government would take its decision on coal extraction in consultation with the local people.

NEEPCO's  is still awaiting sanction for its budgeted outlay for its West Khasi Hills coal based thermal plant from the government.

Indian wind energy will register close to 40 per cent growth rate in the wind segment, according to Suzlon chairman and managing director Tulsi Tanti. He added that it will continue to contribute the maximum to the renewable energy mix in India in the short term.” Wind energy sector globally is recording fast phased growth after the 2008 slowdown. The order books with the major players will substantiate the healthy growth, says Tanti. Tanti explained that the adaptation of newer technology will enhance this growth rate.  

Fuel cells alone will grow from $536 million in 2011 to $1.3 billion, says Lux Research.

A glitch in the power transmission line caused the nuclear reactor in southeastern South Korea to go offline. The Korea Hydro & Nuclear Power Co. stated that the Gori-2 reactor northeast of Busan was shut down when a 345 kilovolt power line experienced an overload, yonhapnews reported.  

And Nuclear will fall from 14 % of power generation to just 10 % following Fukushima, the International energy Agency says.