Grab announces electric vehicle pilots in Indonesia in 2020
Grab has revealed its roadmap to launch electric vehicles (EV) in Indonesia in partnership with the local government. The ride-hailing startup will collaborate with automakers and distributors, including Hyundai, Astra Honda Motor and Gesits, to introduce four- and two-wheeler electric vehicles for pilots in the Greater Jakarta area. Users will be able to book EV […]
Indonesia preparing change to more favourable geothermal feed-in-tariffs
With continued challenges to attract investors to develop geothermal projects in Indonesia, the country is now looking to change its current price determination scheme for geothermal electricity to a feed-in-tariff. With the planed change from the original scheme based on the local or local cost of supply (BPP) the new feed-in-tariff scheme is to be […]
Indonesia’s biggest thermal power plant is operational
Jakarta (ANTARA) – Indonesia’s biggest coal-based thermal power plant of the PLTU Jawa 7 Unit 1 with a total capacity of 2 X 1,000 megawatt (mw) of two stations is now officially operational. This PLTU Jawa 7 Unit 1 located in Terate Village, Serang, Banten Province, is the first coal-based thermal power plant that uses […]
State to continue support for fuel price fund
HA NOI — The fuel price stabilisation fund helps the central government manage domestic fuel prices for the foreseeable future, said Hoàng Anh Tuấn, deputy head of the domestic market department under the Ministry of Industry and Trade in a recent meeting with industry leaders.
Additional 1000MW of power by next year: President
Ministry of Electricity and Energy (MOEE) estimates that another 1000 MW of power for the country will be generated by the middle of next year. This was announced during a ceremony attended by President U Win Myint to mark the achievement of 50 percent nationwide electrification on December 13.
Individual electricity consumption rising annually
Individual electricity consumption rate was 263 kWh (kilowatt hour) in 2015-16 FY and now it has reached up to 432 kWh, according to the Ministry of Electricity and Energy. Individual electricity consumption rate in Myanmar was 263 kWh in 2015-16 FY, 301 kWh in 2016-17 FY, 335 kWh in 2017-18 FY, 379 kWh in 2018-19 […]
Pestech could gain from revival of local megaprojects, Cambodia energy market
Maintain outperform with an unchanged target price (TP) of RM1.75: Pestech International Bhd has secured its third contract in the Philippines for an engineering, procurement, construction and commissioning (EPCC) contract worth about RM94 million. We see vast potential there as 30% or 28 million of the population of the Philippines do not have access to […]
Mubadala Petroleum Searching for Investment Opportunities in the Cambodian Oil Sector
A senior official at the Ministry of Mines and Energy said Mubadala Petroleum, one of the largest oil and gas companies in the UAE, is searching for investment opportunities in the Cambodian oil sector.
