Pertamina Geothermal Energy IPO targeted for June 2022
As reported locally today, Deputy Minister for State Owned Entities (BUMN II), Pahala Nugraha Mansury said his party plans to launch PT Pertamina Geothermal Energy (PGE) Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) forward. He targets the IPO of Pertamina’s subsidiary to be realized in the first semester of 2022.
Power sector bounces back; energy demand recovery to continue
MANILA, Philippines — Despite the slowdown caused by COVID-19, the Philippine power sector bounced back and nearly returned to pre-pandemic levels in 2021.
Futureproofing TNB’s business via sustainability pathway 2050
As the world emerges from the impact of the Covid-19 pandemic, which has devastated lives and livelihoods over the last two years, now more than ever there is an urgent need to rebuild lives and economies in a manner that is sustainable — an imperative that resonates deeply with Tenaga Nasional Bhd (TNB). Responsible for […]
Techna-X to inject 100% of energy storage business into Singapore’s Chaswood for S$678.57mil
KUALA LUMPUR: Techna-X Bhd has signed a sale and purchase agreement with SGX-listed Chaswood Resources Holdings Ltd (CRHL) to inject 100 per cent of its energy storage business – HK Aerospace Beidou New Energy Technology Co Ltd (HKAB) – into CRHL for S$678.57 million (S$1=RM3.08).
Adaro plans to build $728m aluminum smelter in Indonesia
Indonesian coal company PT Adaro Energy, through its subsidiary PT Adaro Aluminium Indonesia, has signed a letter of intent to construct a $728m aluminum smelter.
Green industrial park a catalyst for Indonesia’s economic transformation
JAKARTA: Several exciting investments in North Kalimantan province and the proposed relocation of Indonesia’s capital from Jakarta to East Kalimantan will trigger a seismic shift in the fortunes of the area.
Green agenda bodes well for Malaysia’s energy industry
The green agenda outlined in the 12th Malaysia Plan (12MP) bodes well for Malaysia’s energy industry as it moves in line with global transition towards clean and sustainable practices.
Vietnam car company Vingroup starts work on $174 mln EV battery plant
Vietnam’s biggest conglomerate Vingroup said on Sunday it had started building a $174 million battery cell plant for its VinFast electric vehicles business so the company can own its battery supply chain.
