Asia > Energy

Energy in Asia

  • Turkmenistan electricity supply to Afghanistan

    AFGHANISTAN, 2014/02/08 Turkmenistan is ready to consider proposals to increase the supply of its electricity to Afghanistan, the country's President Gurbanguly Berdimuhamedov said at a conference of Cabinet of Ministers, a message from the Turkmen government said on Feb.7. "President Gurbanguly Berdimuhamedov said that Turkmenistan is ready to consider proposals to increase the supply of its electricity to Afghanistan, inclunding to expand its energy infrastructure with the aim of further output and connect to facilities in Afghanistan," the Turkmen government said. Additionally, the schemes of construction of additional power transmission lines were submitted for the president's consideration.
  • Turkmenistan is tapping into its huge natural gas reserves to generate electricity

    TURKMENISTAN, 2013/12/13 The country is poised to become Central Asia's major producer and supplier of electricity, Jumo Nazarov, a spokesman for the Energy Ministry, told Central Asia Online. "Yes, it's those gas reserves that have enabled us to produce a appropriate Planning Document for the Development of the Electricity-Generating Industry up to 2020," Jumanazar Karajayev, spokesman for the Council of Trade Unions of Energy Workers, said, referring to a seven-year national power industry development plan adopted in the spring.
  • China Loans Cash for Irrigation, Power Projects

    CAMBODIA, 2013/11/12 Finance Minister Keat Chhon has signed a transaction with China’s ambassador to Cambodia to fasten a concessional loan of $121 million to fund irrigation and power projects. In the new promise of cash from Cambodia’s biggest donor, Chi­na will fund a power transmission line con­necting Phnom Penh with Bavet City in Svay Rieng province, according to a statement from national newswire Agence Kampuchea Presse (AKP). AKP reported that the loan, which was officially signed with new Chi­nese Ambassador Bu Jianguo on Friday, would as well go toward the Achang irrigation system in Kampong Chhnang province, but did not specify how much of the money would go on each of the projects.
  • Central Asia: South Asia Energy Project a Pipe Dream?

    CENTRAL ASIA, 2013/09/05 In early June, a newspaper in Pakistan announced the Asian Development Bank would withdraw from a much-anticipated energy transmission project that aims to connect Central and South Asia. The statement stated that security fears in Afghanistan were prompting the ADB to drop its 40 % interest in the project. The newspaper, the Express Tribune, cited a senior official from Pakistan’s Ministry of Water and Power as the source of its scoop. If authentic, the move would be a significant blow to American-backed efforts to link Central Asia’s economies with Afghanistan and South Asia, a project known as the New Silk Road. An ADB representative in Dushanbe would not confirm or deny the statement that the bank is pulling out of the project, only stating that the bank is “exploring different opportunities” and “taking a practical approach in supporting regional energy trade, and is building energy infrastructure in stages to support an improved regional energy market.”
  • Most homes spared in electricity hike plan

    TAIWAN AREA, 2013/08/28 The Ministry of Economic Affairs (MOEA) announced yesterday that on Oct. 1 electricity prices will increase by 7-10 % for households using 1,001 kWh or additional per month and by 0-8 % for businesses using 1,501 kWh or additional. In the MOEA's revised pricing plan, there will be no rise for households using 500 kWh or less per month. As a result, 85.7 % of households will not be affected by the price changes. With the new plan, households that use between 501 kWh and 700 kWh will have to pay an additional NT$47 to NT$94 per month, while households that use between 701 kWh and 1,000 kWh will pay additional NT$147 to NT$253, and households that use 1,001 kWh or additional will pay an additional NT$253 or additional.
  • China will build and finance two dams in Patagonia equivalent to 10% of Argentine power demand

    CHINA, 2013/08/27 The hydroelectric project is expected to generate 1,740 megawatts of electricity in the sparsely populated Patagonia province of Santa Cruz, which as well happens to be the political turf of President Cristina Fernandez and her late husband Nestor Kirchner. Hydroelectric dams currently account for about 30% of the power generated in Argentina The government says the dams will help curb Argentina's need to import diesel and liquefied natural gas and save some 1.1bn dollars a year. Argentina's rising energy deficit has become so significant that trouble paying for energy imports has led the government to implement a host of unpopular economic policies, inclunding a ban on the purchase of foreign currencies, principally US dollars.
  • China will build and finance two dams in Patagonia equivalent to 10% of Argentine power demand

    CHINA, 2013/08/27 The hydroelectric project is expected to generate 1,740 megawatts of electricity in the sparsely populated Patagonia province of Santa Cruz, which as well happens to be the political turf of President Cristina Fernandez and her late husband Nestor Kirchner. Hydroelectric dams currently account for about 30% of the power generated in Argentina The government says the dams will help curb Argentina's need to import diesel and liquefied natural gas and save some 1.1bn dollars a year. Argentina's rising energy deficit has become so significant that trouble paying for energy imports has led the government to implement a host of unpopular economic policies, inclunding a ban on the purchase of foreign currencies, principally US dollars.
  • Korean consortium to build Jordan's first nuclear reactor

    JORDAN, 2013/08/21 Jordan has named South Korean consortium to construct the kingdom's initial nuclear reactor at a cost of 130 million, officials said today. The reactor will have a capacity of 5-megawatt and will be set up in the northern part of the kingdom, Jordan Atomic Energy Commission said in a statement. Companies taking part in the consortium include Korean Atomic Energy Research Institute (KAERI) and Daewoo.
  • Economic diplomacy and state autonomy in India

    INDIA, 2013/07/20 The Indian states of Punjab and Tripura played a pivotal role in convincing New Delhi to do so, which raises the issue of whether national governments in India should have better autonomy at the same time as it comes to managing its economic affairs. India has indicated it is willing to export 500 megawatts of electricity to Pakistan and Bangladesh to help alleviate their energy crises. But there has been considerable opposition to the power-selling scheme, particularly in Pakistan. Jamaat-ud Dawah leader Hafiz Saeed and other hardliners in Pakistan have attacked Prime Minister Nawaz Sharif for agreeing to the scheme, stating that are there is ‘no need to beg India’. Sceptics in India as well feel that this is not a pragmatic decision, arguing that the country should initial address its own energy crisis before exporting electricity to its neighbours.
  • Malawi Signs $600m Energy Pact With China

    CHINA, 2013/07/02 Malawi and China have signed two energy deals that would facilitate enhanced generation of electricity power totaling $667.233 million.  The initial transaction involves a transmission line project that would see Chinese company, TBEA, construct additional and upgrade power transmission lines in the East African country to transaction with problems of a saturated power transmission system. The second is where China Gezhouba Group Company (CGGC) will design and construct a Thermal Plant at Kammwamba in Neno, a district in southern Malawi.