Indonesia sees decreased investment in energy, mining
Indonesia has attracted an estimated 22.33 billion USD in investment in energy and mining in 2020, lower than 31.9 billion USD recorded last year and the target of 36 billion USD set for 2020, according to Ministry of Environment and Mineral Resources (EMR).
IFC and LOGOS partner to develop green logistics hub, drive economic activity in Indonesia
Indonesia will benefit from a major green investment in the logistics sector that’s set to address a critical infrastructure gap, at the same time creating jobs and supporting a recovery in Southeast Asia’s biggest economy amid the impact from the Covid-19 pandemic.
Germany invests $36 million in rural power
German Development Cooperation has invested 30 million euros ($36 million) in concessional lending to Cambodia to enhance energy efficiency and rural power supply.
Nearly 100 percent of Cambodia’s villages electrified
Nearly 100 percent of Cambodia’s villages electrified
Electricity demand dips, renewable energy gains momentum
KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing.
Bantayan Island to complete electrification by 2022
Consumers being served by the Bantayan Island Electric Cooperative (BANELCO) could expect full electrification of the entire area by year 2022, based on the energization program being cast by the power utility.
New Egat head eager to slash bureaucratic rules
Boonyanit Wongrukmit, the newly appointed governor of state-run Electricity Generating Authority of Thailand (Egat), vows to reduce bureaucratic hassles and build a more informal atmosphere at work to make Egat more agile in dealing with the fast-changing energy industry.
ADB approves electricity infrastructure loan for Myanmar
The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure.