LATEST ASIA INDUSTRY NEWS FROM POWER ENGINEERING INTERNATIONAL

Sembcorp has signed a build-operate-transfer agreement with the Ministry of Electricity and Energy of Myanmar for the 225 MW Myingyan gas-fired power plant.

Siemens has received an order from Castle Peak Power Company Limited(CAPCO) for the delivery of a power block for a new combined cycle unit in its Black Point Power Station in Tuen Mun, in the northwest of Hong Kong.

French utility EDF is in talks with a Polish consortium over the potential sale of its combined heat and power plants in Poland.

Writedowns associated with Toshiba’s nuclear business have seen the stock plunge to a four-decade low.

The Australian Prime Minister Malcolm Turnbull has reinforced his belief in the importance of coal as a pragmatic part of the global energy mix.

China's National Energy Administration has ordered the suspension of 85 coal-fired power projects. 

Vietnamese state-owned energy company PetroVietnam and US-based ExxonMobil have signed an agreement to develop Vietnam’s largest gas project for power generation.

Indian national utility NTPC has agreed to buy a coal-fired power plant from Rajasthan’s state-owned utility as part of a strategy to acquire stranded assets.

Despite a record year for offshore wind finance, new global investment in clean energy fell 18 per cent last year to $287.5bn, according to new research.

Renewables are to account for 15 per cent of China’s power mix as the government plans to invest over $361bn in the sector by 2020.

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