Latest Power News

Top Story

ACWA and Taekwang appoint counsel for Nam Dinh 1 IPP

The ACWA Power and Korea’s Taekwang Power consortium planning to develop the 1,200MW Nam Dinh 1 IPP Project coal fired power project in Vietnam are understood to have appointed Shearman and Sterling as legal counsel

DEWA shortlists for solar and clean coal projects

Dubai Electricity and Water Authority (DEWA) has today (1 September 2014) shortlisted 24 bids for the 100MW Al Maktoum 2 solar photovoltaic project, following the shortlisting of eight groups for its 1,200MW Hassyan clean coal development last week

Pakistan extends Gadani power deadline

Pakistan’s Private Power and Infrastructure Board (PPIB) is extending the bid deadline for expressions of interest in the planned 6,600MW Power Park project at Gadani in Balochistan

Summit Meghnaghat reaches close on Bangladesh CCGT

Summit Meghnaghat Power has reached financial close on its $318.8 million 335MW dual fuel (gas/HSD) combined cycle power plant near Dhaka, Bangladesh

Bangladesh Power picks EPC for Shikalbaha power plant

The Bangladesh Power Development Board (PDB) has picked Indian company Larsen and Toubro (L&T) as the EPC contractor for its 225 MW combined cycle (dual fuel) power plant at Shikalbaha in Chittagong

Argentina signs $4.7bn Chinese hydro financing

The Argentinean government have signed US$4.7 billion of sovereign loans with three Chinese banks to finance the construction of two hydroelectric dams in the country

GDF Suez buys Brazilian wind projects

GDF Suez has acquired a complex of wind farm projects in north-eastern Brazil for up to R$54 million ($24 million)

Kuwait to issue RFP for Abdaliyah ISCC in October

State procurement agency Partnerships Technical Bureau (PTB) is planning to release a request for proposals to prequalified bidders for the 280MW Abdaliyah integrated solar combined cycle (ISCC) project in October 2014

Kansai signs debt for Nam Ngiep hydro PPP

The 290MW Nam Ngiep 1 Hydropower PPP project in Laos has signed loan agreements with the Japan Bank for International Cooperation (JBIC), the Asian Development Bank and Thai and international banks for $643 million in financing

Expansion planned for Senegal’s Cap des Biches power

International developer ContourGlobal has signed an agreement with the government of Senegal to rehabilitate and expand the Cap des Biches power plant complex

San Gabriel nears financial close

First Gen Corporation’s 414MW San Gabriel power project is due to close in the next couple of weeks and will be financed solely with debt from KfW

Frontrunners for South Africa’s baseload plants emerge

South Africa’s Department of Energy (DoE) is expected to release the request for proposal (RFP) documents for its baseload coal-fired power plant programme at the end of September 2014, with three groups emerging as front runners

Rosatom signs Nuclear power deal with Jordan

The government of Jordan has said it is close to signing an agreement with Russian state-owned developer Rosatom to build a new $10 billion nuclear power plant in the country