- Electricity/Power Grid ,
- Energy Policy
6 January 2021
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- Malaysia
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The Japan Bank for International Cooperation has signed a loan agreement with Vung Ang 2 Thermal Power Limited Liability Company (VAPCO) for the construction of a coal-fired power plant in Vietnam. The project financing amounting to US$636 million is being provided under JBIC’s Growth Investment Facility.
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The Philippine Competition Commission (PCC) has indicated that ‘gas transmission pipelines’ shall not be considered as “public utility’, hence, these investments will not be needing franchise from Congress.
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Construction of a 700MW coal-fired power station representing $1 billion of capital investment in Preah Sihanouk province is 35 per cent complete since breaking ground on December 18, 2019.
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Southeast Asia has fallen behind on the global sustainability agenda, although advancements in this space could be a $1 trillion economic opportunity for the region by 2030. This is according to a new Bain & Company report.
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Sevan SSP, a company designing cylindrical, offshore facilities such as FPSOs and offshore rigs, has entered the floating wind game with its SWACH design.
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The one common goal when creating any new tech these days is sustainability.