Cambodia plans electricity price cut to revive economy
Phnom Penh (VNA) – The Cambodian government has issued a plan on reducing electricity tariffs for firms in four key sectors – manufacturing, agriculture, commercial and service – for five months to beef up the economy plagued by the COVID-19 pandemic. Accordingly, starting from June, electricity bills are expected to be reduced by 25 percent based on previous averages from […]
59 electric cooperatives fail to get power suppliers’ nod to lift minimum charges
Metro Manila (CNN Philippines, May 22) – There are 59 electric cooperatives which failed to get favor from their power suppliers to lift the minimum energy off-take in a bid to reduce the power rates of electric consumers, said a power cooperative group. Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) General Manager and Executive Director Janeene Colingan […]
Meralco commits to expand meter reading amid consumer complaints
Metro Manila (CNN Philippines, May 22) — Major power distributor Meralco on Friday committed to expand meter reading among all its customers to reflect adjustments in the June billing statement. In an online Joint Congressional Energy Commission hearing, Victor Genuino, Meralco first vice president and head of customer retail services and corporate communications, said less than one […]
Power distributors ordered to issue new electricity bills amid consumer complaints
Metro Manila (CNN Philippines, May 22) — The Energy Regulatory Commission has directed all power distributors to issue new electricity bills to reflect actual meter readings after numerous consumers complained of “bill shock.” In an advisory released Friday, the ERC said distribution utilities should “conduct actual meter readings and thereafter issue a new billing reflecting the actual […]
Indonesia, RoK sign MoU on oil and gas cooperation
Jakarta (VNA) – Indonesian energy producer, PT Pertamina, and a consortium of companies of the Republic of Korea (RoK) signed a memorandum of understanding (MoU) to explore business cooperation opportunities in Indonesia’ oil and gas industry, specifically in the Refinery Development Master Plan (RDMP) of Dumai in Riau.
Complexity and lack of clarity impeding Vietnam’s offshore wind potential
The Danish Energy Agency and the Vietnamese Electricity and Renewable Energy Authority, who are preparing a ‘roadmap report’ for offshore wind development in Vietnam, say the country has potential for 160 GW of offshore wind. But the market in Vietnam is known for its technical and legal complexity, and lawyers at Baker McKenzie argue that the […]
EVN calls for investment in solar power plants on reservoirs
Hanoi (VNA) – Electricity of Vietnam (EVN) is seeking investors in new electricity projects, including solar power plants on reservoirs, in an effort to ensure the safe and stable operation of the country’s electricity market. Home to nearly 7,000 reservoirs covering millions of square kilometres, Vietnam has the conditions necessary to develop solar power plants on water surfaces, […]
Malaysia resumes CPO exports to India
KUALA LUMPUR (May 21): Malaysia has resumed crude palm oil (CPO) exports to India as the latter has started buying the commodity again from Malaysia after barring such imports in recent months. In a statement today, Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said the country expects India’s June and July 2020 purchasing contracts […]
