Govt to spend $1b on electricity fee relief for households, businesses amid pandemic
More than 33 million Indonesian homes, businesses and public services are poised to see lower monthly power bills until December as the government injects Rp 15.4 trillion ($1.05 billion) into three electricity relief schemes in its bid to accelerate the recovery of the pandemic-hit economy. The funding, part of the COVID-19 response, will be allocated on top […]
Pestech lists on exchange
Power transmission provider Pestech (Cambodia) Plc on Wednesday became the 13th company to list on the Cambodia Securities Exchange (CSX), following an arduous preparation process marred by the Covid-19 pandemic. In its initial public offering (IPO) Pestech Cambodia, a 100 per cent owned subsidiary of Malaysia-based Pestech International Bhd, issued 3.9 million shares (5.26 per cent […]
Brunei seeks to fill 13,000 skilled jobs in next five years
BANDAR SERI BEGAWAN – Brunei will need 13,000 skilled workers in the energy and construction industries over the next five years, said the chair of Manpower Industry Steering Committee (MISC) Energy. Hjh Rosita Hj Hassan Tuesday named the top five skills that will continue to be in demand in the near future – scaffolding, welding, painting and […]
Japan and Vietnam ink first maritime patrol ship deal as South China Sea row heats up
Japan has signed a ¥36.6 billion ($345 million) loan agreement with Vietnam to provide the Southeast Asian country with six patrol boats to boost its maritime law enforcement capabilities, as Beijing steps up its claims in the South China Sea.
Race vs time: Power shortages seen sans new energy supply
LAWMAKERS and power industry stakeholders on Tuesday discussed various ways the country can attain energy independence amid the ongoing Covid-19 pandemic. Lt. Gen. (Ret.) Rozzano Briguez, President and CEO of The Philippine National Oil Company-Exploration Corporation (PNOC-EC), said the country needs to fast-track the development of new energy supply. “We envision exploring new oil and gas […]
Japanese trading houses sign up for Myanmar LNG power project
Aconsortium of three Japanese trading houses, together with local partner Eden Group, has received the go-ahead for a liquefied natural gas (LNG) power project in Myanmar. The country’s Ministry of Electricity and Energy (MOEE) has granted the joint venture – comprised of Marubeni Corporation, Mitsui & Co, Sumitomo Corporation, and the Myanmar-based conglomerate Eden – exclusive […]
Govt greenlights Ywama gas plant upgrade
The upgrading of a combine cycle gas turbine power plant in Ywama, Yangon, has been given the go-ahead by the Ministry of Electricity and Energy (MOEE). The power plant is located in Insein township, and the US$300 million required for the upgrading will be provided by World Bank. A tender for the project will be […]
Chinese companies dominate bidding for Myanmar’s billion-dollar solar tender
The Ministry of Electricity and Energy will soon announce the winners of its billion-dollar solar tender, officials say, after receiving more than 150 bids, the majority from Chinese companies. The ministry announced a tender for ground-mounted, on-grid solar plants at 30 sites totalling 1,060 megawatts in May. An unofficial list of bids seen by Frontier shows 155 were submitted […]
