Asian Power (September 2025)

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PUBLISHER & EDITOR-IN-CHIEF Tim Charlton

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FROM THE EDITOR

Aproposed 900MW LNG-fired power plant in Cambodia is under scrutiny. On page 12, an energy expert questions whether the country should move forward with the project or consider alternatives before costs escalate. Others remain optimistic as more US LNG supply becomes available.

But as Cambodia debates its energy trajectory, analysts elsewhere foresee a nuclear resurgence, partly driven by hybrid technologies in Japan and South Korea. See page 6 for insights on what’s fueling this shift.

Meanwhile, a newly formed energy platform—backed by three major financial institutions—plans to invest US$700m in developing 500MW of clean power across Southeast Asia. Its initial projects in the Philippines and Vietnam are featured on page 7.

Finally, we reveal the winners of this year’s Asian Power Awards, alongside the Asian Oil & Gas Awards, Asian Water Awards, and the inaugural Asian Waste Management Awards. Pages 16 to 23 highlight the top performers leading change in the energy industry.

Asian Power is a proud media partner and host of the following events and expos:

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News from asian-power.com

Daily news from Asia

to invest INR 5,500 crore for green projects in Bihar

NHPC Limited and the Government of Bihar have signed an agreement for the investment of INR 5,500 crore to develop solar and green hydrogen projects in the state. NHPC said the total capacity to be developed is 1,000 megawatts.

NMDC Group and Vingroup have inked a memorandum of understanding that covers partnerships in various areas, including the development of offshore wind in Vietnam. NMDC said other renewable energy technologies will also be developed in the country.

YTL PowerSeraya begins 600MW hydrogen-ready power plant

YTL PowerSeraya, a YTL Power International subsidiary, has started construction on a 600MW hydrogenready Combined Cycle Gas Turbine at its Pulau Seraya Power Station. The $800m project is set to be completed by December 2027.

Philippines commences Renewable Energy Certificates trading

The Philippines has officially commenced trading of Renewable Energy Certificates (RECs), marking the full commercial operation of the Renewable Energy Market. RECs represent one megawatt-hour of electricity from renewable source.

Sembcorp, PT PLN to develop SEA’s largest green hydrogen project

Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Utilities Pte Ltd, and PT PLN Energi Primer Indonesia have entered into a joint development agreement for a green hydrogen production facility in Sumatra, Indonesia. The facility is set to be the largest in Southeast Asia.

World’s largest 24/7 solar-battery facility coming to Abu Dhabi

The region’s pursuit of energy transition and security would have to take into consideration balancing the “energy trilemma” — energy affordability, reliability, and sustainability. Ensuring that all three are met would entail the adoption of natural gas in the energy mix.

NHPC
NMDC, Vingroup to develop offshore wind in Vietnam
PHILIPPINES

INDONESIA LEADS RACE TO BUILD SMRs IN SOUTHEAST ASIA

Indonesia is set to become the first Southeast Asian country to deploy a small modular reactor (SMR), possibly as early as 2030, according to a senior energy analyst.

It has made more progress than its Southeast Asian neighbours, which are grappling with strict regulations and public opposition to nuclear power, Attaurrahman Ojindaram Saibasan, a senior power analyst at GlobalData Plc, told Asian Power in an interview.

Indonesia has fast-tracked its development target for nuclear power plants to 2029 from 2032. The National Energy Council has also identified 29 sites that could accommodate these facilities.

Once these start operating, Indonesia can generate 45 to 54 gigawatts (GW) of nuclear power, boosting its generation capacity that was 86% fossil fuels as of 2023, according to data from British global energy think tank Ember.

ThorCon PT Indonesia, the local unit of US-based ThorCon, has announced plans to build Indonesia’s first nuclear power plant in Bangka-Belitung province. It will have a capacity of 500 megawatts (MW) and start operations around seven years from now.

State-owned electricity company PT PLN is also working with the US and Japan to develop SMRs with a capacity of less than 300 MW, making them a good fit for Indonesia’s many islands and remote territories.

Aside from Indonesia, Saibasan said the Philippines and Thailand are also pushing SMR deployment, though these are still plans and there has not been much progress.

“The Philippines has a very advanced nuclear development plan, and they have already identified American suppliers as their potential suppliers for SMR,” he said, noting that Manila targets 1.2 GW from nuclear power using SMR by the year 2032.

Eyes on nuclear, hybrid power in 2025

Nuclear power is expected to make a strong comeback in 2025, whilst hybrid tech including battery technology will have its fair share of interest amidst increasing electricity demand globally, analysts said.

There is a resurgence of interest in nuclear energy in countries like Japan and South Korea, which have both announced plans to build more nuclear facilities, Attaurrahman Ojindaram Saibasan, a senior power analyst at GlobalData Plc, told Asian Power

“The key reason is renewable power takes up a lot of investment and space,” he said in an interview. “Also, it has a challenge of intermittency.”

Regional moves

Seoul seeks to build as many as three nuclear power reactors, including small modular reactors (SMR), by 2038. South Korea has 26 nuclear reactors that generate 26 gigawatts (GW) of energy capacity.

Japan is also working on reinstating its nuclear energy facilities after the Fukushima nuclear disaster in 2011, promising to maximise the use of both renewable and nuclear power, the senior power analyst pointed out.

Tokyo now aims to boost the share of nuclear power in its energy mix to 20% by 2040. Only 12 of its 30

nuclear power plants are operating, generating about 11 GW.

The pressure to cut carbon emissions and scarce land would fuel the deployment of clean energy technologies, such as offshore wind and floating solar facilities, Saibasan said.

More hybrid systems

Meanwhile, there is rising interest in hybrid power plants not only in the Asia-Pacific region but in other regions as well, Jatin Gulati, a partner at Asia-focused management consulting firm YCP Auctus, told the magazine in a separate interview.

“Battery and investment in battery technology are perhaps going to be a very important theme of development,” he told Asian Power Gulati noted that instead of building single-fuel power facilities, developers are shifting to plants that integrate a renewable source and battery storage.

Examples include Abu Dhabi Future Energy Company’s 5.2-GW solar and 19-gigawatt-hour (GWh) battery storage that will run around the clock, and Meralco PowerGen Corp.’s 3.5-GW solar and 4.5-GWh battery facility in the Philippines. Installations of energy storage systems that last more than eight hours are expected to more than double in 2025 from a year earlier, S&P Global said in a January report. “This surge is driven by the increasing necessity for reliable energy storage solutions, particularly as a growing share of electricity is generated from intermittent renewable sources,” it said.

Countries to watch out

In India, a surge in hybrid projects show the need for battery storage systems to meet the 500-GW national green target, according to a Wood Mackenzie report. It expects India’s battery energy generation to reach 2 GWh this year — a tenfold increase from last year.

Battery and investment in battery technology are perhaps going to be a very important theme of development

Gulati expects capital investment in the Philippines, fuelled by its green energy auction programme that seeks to boost renewable energy share in power generation to 50% by 2040 from 22%.

“I expect the Philippines to continue being one of the attractive focus markets for the next three years, until 2028 at least,” he said. “It will continue to be a frontier market from our perspective.”

According to the experts, other countries likely to gain attention are Cambodia, Vietnam, and Indonesia.

Seoul plans up to three nuclear reactors by 2038
Attaurrahman Ojindaram Saibasan
Jatin Gulati
POWER UTILITY

SARA puts $700m behind 500MW Southeast Asia energy plan

Agreenfield renewable energy platform formed by three global financial institutions is investing more than half-a-billion dollars to build plants across Southeast Asia that will generate 500 megawatts (MW) of clean power, starting with the Philippines and Vietnam.

The investment by the Sustainable Asia Renewable Assets (SARA), a venture of UK-based finance institution British International Investment (BII), Dutch development bank FMO, and Swiss-based investment company SUSI Partners AG could go as high as $700m, Rohit Anand, regional head for Southeast Asia at BII, told Asian Power

The amount includes about $500m

in debt that the parties will raise and a $150m equity capital, he said. Anand, who is also head of infrastructure equity for Asia at BII, said the project would be built over three years. Returns are estimated at 50% depending on the projects, according to Wymen Chan, managing director at SUSI.

Fossil fuels dominated Vietnam’s and the Philippines’s electricity generation in 2023, accounting for 58% and 78%, respectively, according to energy think tank Ember. Their renewable energy generation accounted for 42% and 22%.

Vietnam seeks to increase its clean energy generation to 50% by 2050, whilst the Philippine target of 50% is

GLOBAL COAL DEMAND TO PLATEAU THROUGH 2027

The global demand for coal is projected to reach 8.77 billion tonnes in 2024, where it is expected to stay close through 2027 as renewable energy takes a more major role and consumption slows down in China.

China’s coal consumption

According to the International Energy Agency (IEA), China is important for global coal markets with one of every three tonnes of coal consumed worldwide burned at a power plant in the hugely populated country.

This year, Beijing continued to diversify its power sector, advance the construction of nuclear plants, and accelerate its expansion of solar and wind capacity. This should help limit increases in coal consumption through 2027, according to the IEA report.

“The rapid deployment of clean energy

earlier by 10 years.

Anand and Chan said the parties chose the Philippines due to its favourable regulatory environment, noting that it is the region’s “most liberalised energy market.”

Scaled portfolio

Vietnam is at a crossroads, Chan said. “With its macroeconomic fundamentals, it’s going to need more power, but it’s going to have a problem with power supply in the short run, so that makes it an attractive opportunity to build more projects.”

The 500-MW target will cover solar, wind, and hydropower projects.

SARA has started its first project — the 40-MW Dam Nai wind farm in Vietnam’s Ninh Thuận province that SUSI bought in October 2024.

“The idea really is to build a scaled portfolio of 500 megawatts over the next three to four years to demonstrate that you can build high-quality businesses in this region,” Anand said.

“A lot of investors are waiting on the sidelines, and there is a need for certain investors to take the early-stage risk and build high-quality enterprises which can then be ready to receive capital from others,” he added.

There is a need for certain investors to take the early-stage risk and build high-quality enterprises

technologies is reshaping the global electricity sector, which accounts for two-thirds of the world’s coal use. As a result, our models show global demand for coal plateauing through 2027 even as electricity consumption rises sharply,” explained IEA Director of Energy Markets and Security Keisuke Sadamori

“However, weather factors – particularly in China, the world’s largest coal consumer – will have a major impact on short-term trends for coal demand. The speed at which electricity demand grows will also be very important over the medium term,” he added.

IEA said coal demand in most advanced economies has peaked and is projected to steadily decline through 2027. This will be influenced by strong policies, such as those implemented in Europe, and the availability of alternative energy sources.

Southeast Asia attracts only 2% of global clean energy investments even though it accounts for 6% of global gross domestic product, the International Energy Agency said in an October 2024 report.

The investment level must increase fivefold to $190b by 2035 as eight countries try to hit net zero targets.

The 40-MW Dam Nai wind farm in Ninh Thuận, Vietnam is SARA’s first project (Photo from SUSI)
Change in electricity generation in China, 2019-2027
Source: International Energy Agency
Rohit Anand
Wymen Chan
PROJECT

Ansaldo Energia drives energy transition with leading-edge power solutions

Advanced gas turbine technologies are accelerating the shift towards efficiency and flexibility.

As the demand for sustainable solutions grows, the power generation industry must adopt technologies that enhance efficiency and minimise environmental impact. Ansaldo Energia is addressing these challenges with its advanced solutions. The company delivered equipment for over 280 GW of installed power capacity and has developed more than 100 power plants as an EPC contractor. It designs and manufactures advanced gas turbines, steam turbines, and generators whilst offering upgrade solutions that enhance efficiency, operational flexibility, and green fuel capabilities. Its subsidiaries further drive innovation. Ansaldo Nucleare focusses on the production of critical high-tech components. It is a trusted partner in new units, service and plant life extension, and is a key player in the development of Small Modular Reactors and Generation IV reactors. On the other hand, Ansaldo Green Tech has developed next-generation AEM electrolysers for decarbonised hydrogen production.

Fit for Transition

Positioning itself as Fit for Transition, Ansaldo Energia provides a product portfolio that supports more sustainable energy production. Stefano Gianatti, Executive Vice President Thermal New Units at Ansaldo Energia noted, “Shifting from coal to natural gas plays a crucial role in reducing CO2 emissions, cutting them by over 50%, and is a fundamental step in the global energy transition.”

To maintain grid stability, the company’s gas turbines deliver dispatchable and reliable power, balancing the electricity supply whilst being ready for transition towards burning

hydrogen and low-carbon fuels for long-term sustainability. Beyond gas turbines, Ansaldo Energia’s Synchronous Condensers enhance grid stability by delivering voltage regulation, reactive power, short circuit power, and inertia, mitigating the risk of blackouts.

Advancing hydrogen power

With hydrogen emerging as a crucial lowcarbon energy vector, Ansaldo Energia’s fleet operates with 40% to 70% hydrogen blends, managing H2 supply fluctuations whilst meeting NOX emission requirements. Its fuel flexibility approach also includes green fuels such as Hydrotreated Vegetable Oil (HVO). “Our commitment is to achieve 100% hydrogen capability by 2030 across our entire fleet,” said Gianatti.

Ansaldo Energia’s hydrogen-ready turbines are already driving the transition to a more sustainable energy. The company’s AE94.3A HVO turbine will power a 300 MW station in Tarbert, Ireland, using 100% biofuel. This capability is grounded on German Marbach Power Station oil-fuelled power plant, also equipped with AE94.3A, which became operational in October 2024. “The AE94.3A gas turbine has an outstanding history in terms of operational flexibility, reliability, and cost-effectiveness, with 115 units installed worldwide and more than 5 million equivalent operating hours,” Gianatti added.

GT36 gas turbine

With a power output exceeding 560 MW in simple cycle and over 800 MW in combined cycle, Ansaldo Energia’s flagship GT36 gas turbine meets the growing demand for dispatchable energy. Gianatti highlighted, “Our flagship is at the forefront of operational flexibility, with an astonishing ramp rate of 100 MW per minute and a Minimum Environmental Load (MEL) of 15% in simple cycle and 20% in combined cycle.”

The GT36 can operate with up to 70% hydrogen blended with natural gas, and its combustor was successfully tested with 100% hydrogen in early 2024. With five units in operation

across multiple countries and over 40,000 equivalent operating hours, GT36 has proven itself as a reliable, efficient, and highly adaptable solution.

Enhancing flexibility and efficiency

Focussing on energy security and transition, Ansaldo Energia enhances operational and fuel flexibility to meet evolving industry demands. “Our gas turbines are built for agility, designed to respond swiftly to market demands with high ramp rates and impressively low minimum environmental loads. This means operators can keep their turbines running, ready to meet market needs, whilst significantly reducing fuel consumption and cutting operational costs during periods of lower demand, allowing our customers to maintain both profitability and sustainability,” Gianatti said.

The company’s digital solutions optimise performance whilst reducing costs. The Integrated Plant Support (IPS) platform, operating from Genoa and Abu Dhabi, enables 24/7 real-time data analysis and asset optimisation, extending equipment life. Ansaldo Energia solutions include upgrades that improve efficiency, reduce emissions, and extend operational life whilst increasing flexibility to accommodate green fuels. The recent MXL3 upgrade on a F-class GT26 at Flevo Maxima Centrale in the Netherlands improved efficiency by 3%, increased output by 37MW, and enabled 45% hydrogen co-firing.

“Our priority is to secure our customers’ investments in facing the challenges and opportunities of the energy transition,” Gianatti said.

By integrating innovation with sustainability, Ansaldo Energia continues to be at the forefront of the global power generation industry evolution.

‘Our commitment is to achieve 100% hydrogen capability by 2030 across our entire fleet’
Stegano Gianatti - EVP Thermal New Units, Ansaldo Energia
GT36 gas turbine

ROCFILL revolutionises water conservation and water treatment industry with cutting-edge tech

With a remarkable reputation and partnerships with industry giants, ROCFILL is becoming a leading solution provider for global clients in the water conservation and water treatment industry.

ROCFILL was established in China in 2010. Today, ROCFILL has formed the core businesses in design and engineering, manufacturing and modularisation, contracting, and services in the water conservation and water treatment industry.

With a manufacturing hub in Jiangsu, China, ROCFILL’s professional technical staff, professional senior engineers, and national registration engineers provide sustainable values and services to customers by utilising its extensive experiences and integrated competitiveness in design and engineering, technical package, procurement services, and project contracting.

Dedicate to clients’ success

ROCFILL deeply believes that clients’ success means sustainability and opportunity for the company. So the company’s mission is: “Dedicate to clients’ success.”

The company’s core team members are from the world’s renowned companies like General Electric, Siemens, and PetroChina. They can work with different languages, including English, Chinese, Spanish, Deutsch, and French. ROCFILL has provided solutions to industrial-leading clients from the U.S., Mexico, Spain, Saudi Arabia, Australia, and South Asia, and therefore its team is familiar with international design codes and specifications like ASME, BS, AS, DIN, etc. ROCFILL’s clients and end users include some of the world’s renowned General Dynamics, Veolia, SINOPEC, Energy China, Kuwait Institute For Scientific Research(KISR), China Huaneng Group, Shenzhen Energy Group Chinaboilers, CPECC, Aitken Spence, and more.

Below are recent

20MLD containerised SWRO Project

Starting its operations in Morocco in July 2024, this project offers seawater mobile reverse osmosis desalination units with a treatment capacity of 20,000 cubic metres per day. The scope of work includes the delivery of a containerised plant of a capacity of 20MLD; commissioning and startup of the plant; providing full-scale in-class training to operations; providing extended training onsite to operations; continous support during the operation of the plant ; and technical expertise as required.

Containerised RO desalination for Sri Lanka

Owned by the largest IPP of Sri Lanka, the Sri Lanka MMF+SWRO power plant was commissioned in 2021 with a total capacity of 600M3/day.

Cast steel gate valves and air valves for ARCT in North America

Owned by Cast Steel Gate Valves and Air Valves for ARCT, the scope of work for design and supply under this project includes: 2 sets API 24’’ 150 Class Gate Valve with Auma Actuator; 2 sets API 24’’ 300 Class Gate Valve with Auma Actuator; 2 sets API 24’’ 600 Class Gate Valve with Auma Actuator; 1 sets API 48’’ 150 Class Gate Valve; 5 sets 10’’ Air Valve with cushion valve; and 2 sets 6’’ Air Valve. The project served 2 million people in September 2024.

WWTP package design and supply to GNGC in West Africa

Ghana National Gas Company (GNGC) is engaged in the development of gas infrastructure in Ghana. The main function is to provide energy for the thermopower station in order to ensure sufficient electricity to the around city. It is an EPCC project, including 180 kilometres of high-pressure gas transmission pipeline; a gas processing plant civil project (20,000 cubic metres concrete); 500 tons steel structure prefabrication and installation; 4 spherical tanks, which are 2,000 cubic metres, installation and welding; 2 water tanks, which are 4, 000 cubic metres, installation and welding; 2 storage tanks, which are 500 cubic metres, installation and welding, a 6,000 square metre complex office building; and electric metre and facilities installation. The project cost is more than US$1b.

OtherROCFILLprojectapplicationsincludeoilwaterseparation systemforOGDCLproject,ASMEstandardEconomizerProjectfor AitkenSpencePower,refurbishmentofradialgatesprojectinNorth America,rehabilitationofwastewaterpumpingplantprojectin NorthAmerica,TSKShagayathermosolarprojectinKuwait,15km waterpipelineprojectforBEAVERMININGinWestAustralia,and pipingcleaningwastewaterautomaticfiltrationprojectforGeneral DynamicsinNorthAmerica.

CONTACT

Contact: Harold Wang Tel.: +0086 13466310335

Website: haroldwcy@rocfill.com www.rocfillcn.com

ROCFILL project applications.
ROCFILL delivers innovative engineering, manufacturing, and contracting solutions to global clients
ROCFILL offers large-scale desalination, wastewater treatment, and industrial water projects

REPORT: CAMBODIA

Spot prices have fluctuated from $1 to $100 per MMBtu

Cambodia urged to rethink its costly LNG ambitions

Operating a 900 MW LNG plant at baseload levels could cost up to $722m.

Cambodia should reconsider its plan to build a 900-megawatt liquified natural gas (LNG)fired power plant in six years, when fuel costs will have likely risen exponentially compared with other clean energy sources, an energy analyst said of the LNG target.

“We estimate that current LNG prices would yield baseload electricity costs of around $0.17 per kilowatt hour (kWh),” Christopher Doleman, an LNG specialist for Asia at the Institute for Energy Economics and Financial Analysis (IEEFA), told Asian Power in an exclusive interview.

“That is double the rate of Cambodia’s current hydro and coal contracts and over sixfold the price of the country’s cheapest solar projects,” the specialist highlighted.

Cambodia had not used natural gas before a global transition from coal pushed it to work on increasing its renewable energy generation to 70% by 2030, aside from adopting LNG, IEEFA noted in a 2024 report.

Doleman said Cambodia should learn from its regional peers like the Philippines and Vietnam, which are both “grappling with how to

Cambodia could pay a premium to current prices and struggle to access affordable LNG supplies

integrate the costly fuel into their energy systems.” He went on to say, “Cognizant of this, both countries are paradoxically putting effort into ways to reduce their future reliance on LNG imports whilst they are developing their LNG-to-power pipeline.”

‘Take-or-pay’

Whilst Cambodia can tap spot markets for LNG, in the past decade, spot prices have fluctuated from $1 to $100 per million British thermal units (MMBtu), or roughly $4m to $375m per shipment of a typical 72,000-tonne LNG cargo, Doleman said.

There are procurement contracts that could reduce the price of LNG, but these come with “take-or-pay” terms, which would force it to buy from the supplier periodically or get penalised, he pointed out.

According to IEEFA estimates, operating one 900 MW LNG-fired power plant at baseload levels would cost as much as $722m for the fuel, exceeding Cambodia’s coal imports of $555m in 2022.

“As a potential new market entrant with limited bargaining power, uncertain gas requirements, and a

lower demand profile, Cambodia could pay a premium to current prices and struggle to access affordable LNG supplies,” Doleman said. “That could lift these costs even higher.”

On the other hand, Paul Everingham, CEO at the Asia Natural Gas & Energy Association, expressed optimism about Cambodia’s LNG goals, with more supply expected as the US resumes export permits under President Donald Trump.

“If you combine countries like Qatar, Australia, and the US — and there’ll be other volumes from Africa and the Middle East — then we think the next five years will be a good time to be securing long-term volumes of LNG, and that provides an opportunity for Cambodia,” he told Asian Power in an interview.

He said Cambodia might have access to trillions of cubic feet of gas through its overlapping sea claims with Thailand. The disputed area is a 27,000 square kilometre section of the Gulf of Thailand that may contain up to 11 trillion cubic feet of natural gas.

By adding this capacity to the country’s energy mix, which is dominated by oil, “Cambodia has got a really robust, stable energy platform for the future,” Everingham said.

Smaller volumes

But it should work on its import and distribution infrastructure. Everingham said smaller countries entering the LNG market typically start with floating facilities and import volumes of 1 million to 5 million tonnes per annum (MTPA).

This is what First Gen LNG Holdings Corp. did in the Philippines, where it spent $100m to $300m, he highlighted. The cost could go up to $400m as a country consumes more liquefied natural gas or more than 3 MTPA, and builds big baseload onshore terminals, like Japan and South Korea, he added.

Doleman said Cambodia should turn to other energy sources to meet its energy goal, noting that wind and solar energy only make up 5% of the country’s generation.

“Typically, a grid can integrate up to 15% of generation from wind and solar without challenging operations,” he said. “So, with demand growing, there’s ample room for low-cost wind and solar capacity additions to soar and meet rising power demand.”

CAMBODIA
Paul Everingham
Christopher Doleman

Oracle Power in talks for $1.4b hybrid RE project

The 1.3 GW wind-solar plant may power 1.2 million households in Pakistan by 2028.

London-based Oracle Power PLC is in talks with investors so it could start building a $1.4b hybrid renewable energy plant in Pakistan’s Gharo-Jhimpir wind corridor in 2025, according to its CEO.

The project is expected to offer energy-starved citizens more affordable power, whilst increasing the share of clean energy in the South Asian country’s power mix, Oracle Power CEO Naheed Memon told Asian Power in an exclusive interview. “It’s not going to be a whole lot, but it will be a reasonable input into the system.”

The 1.3-gigawatt (GW) renewable energy (RE) project spans 2,830 hectares in the Sindh region and will feature 800 megawatts (MW) of solar capacity and 500 MW of wind power, as well as a 260-MW battery energy storage system.

Funding challenges

Memon said getting a loan to kickstart the project, which will cost $1.2b to $1.4b, is a challenge, noting that the “investment appetite” of development institutions like the International Finance Corporation and British International Investment does not align with Oracle Power’s requirements.

“Hence, we would like to deploy this in phases so that we can actually start to build it in 100, 200 tranches of 200 to 300 MW in one go, and that is something which is more aligned with investors’ appetite,” she said.

Oracle Power aims to start operating the plant, which will supply electricity to about 1.2 million households, by 2027 or 2028, Memon noted when detailing the plan.

Renewable energy in Pakistan

Pakistan’s rapid adoption of solar energy, driven primarily by market forces and with minimal political support, provides valuable lessons for other emerging markets, according to a November 2024 World Economic Forum (WEF) report that pointed to a “solar power boom” in Pakistan.

Declining solar panel prices, coupled with skyrocketing grid electricity tariffs that have increased by 155% over three years, are fuelling a rush in renewable energy adoption in Pakistan, with solar power leading the way, it said. The country is now the world’s sixth-largest solar market.

Whilst Pakistan’s per capita electricity consumption grew 87% between 2000 and 2022, more than 40 million people remain without access to electricity, and half the population still lacks clean cooking facilities, according to WEF, citing International Energy Agency data.

Memon said the hybrid RE plant, which will have about 80 wind turbines and 1.5 million solar photovoltaic panels, would maximise land use. “If we can deploy solar panels in between the wind turbines in a technically efficient manner,

then the process becomes even more efficient, and the output increases even more,” she added.

The land is being leased from the government for 30 years, and may be renewed later, the CEO noted.

The way forward

In November, Oracle Power and unit Oracle Energy finished a six-month transmission and grid interconnection study for the 1.3-GW plant. Oracle Energy and its joint venture partner China Electric Power Equipment and Technology, a unit of the State Grid Corporation of China, commissioned Power Planners International for the study.

The plant’s operating hours will vary depending on available power. The wind turbines will generate power when wind speeds are adequate, which during the day typically peak at nighttime and early morning.

Meanwhile, the solar panels will operate from sunrise to sunset, with grid availability and demand patterns likely to influence overall use, ensuring reliable power delivery.

If we can deploy solar panels in between the wind turbines in a technically efficient manner, then the process becomes even more efficient

The storage system will keep excess energy generated during periods of low demand and release it during peak demand hours in the early morning and evening. It will also support the grid during fluctuations, helping to balance the hybrid plant’s intermittent wind and solar generation.

As much as 20% grid exchange may complement the storage system for stable power output, Memon said.

Notably, the company does not have to invest in new infrastructure because the power plant is near the Dhabeji grid station. The plant, which will have a mix of residential, commercial, and industrial end-users, is also close to load centres in southern Pakistan and southern Sindh.

Story by Vienna Verzo

Naheed Memon, CEO at Oracle Power PLC
PAKISTAN

EVENT: ASIAN POWER AWARDS

Outstanding initiatives lauded at the Asian Power Awards

The Asian Power Magazine proudly presented the Asian Power Awards, Asian Oil & Gas Awards, Asian Water Awards, and the inaugural Asian Waste Management Awards to celebrate key players that drive innovation and sustainabiltiy in the region.

Winners for all four award programmes were honoured at an awards dinner in Conrad Centennial Singapore on 22 October 2024.

In its 20th year, the Asian Power Awards — dubbed as the “Oscars of the Industry”— once again lauded the trailblazers of the power sector.

The 4th Asian Oil & Gas Awards shone a spotlight on the resilience and excellence of the region’s oil and gas sector. In its second year, the Asian Water Awards lauds remarkable achievements in water management, conservation, and sustainability. Finally, the inaugural Asian Waste Management Awards made a grand debut, showcasing cutting-edge waste management practices and sustainable solutions.

This year’s entries to the Asian Power Awards were judged by an esteemed panel of judges consisting of Petteri Härkki, Managing Director, AFRY South-East Asia Ltd; Mike Thomas, Managing

Asian Power congratulates the following winners:

ASIAN POWERAWARDS 2024WINNERS

Battery Storage Project of the Year

• Gold - The Longtan Energy Storage System Project by Taiwan Power Company

• Silver - XiZang Development Investment Group JiTang 200MW Grazing-PV Complementary +160MW Energy Storage Project by XiZang Development Investment Group JiYa PV Energy Co., Ltd.

Biomass Power Project of the Year

• Gold - Biomass-Coal Coupling Incineration Power Generation Project at Hezhou Power Plant by China Resources Power (Hezhou) Co., Limited

• Silver - Change of Furnace oil to pellet burner by Bakas Renewable Energy Ltd

• Bronze - Optimization Of The Suralaya Power Plant Land For Biomass Plant Vegetation As A Supply Chain Security Strategy For Co-Firing by PT PLN Indonesia Power

Coal Power Project of the Year

• Gold - Shaanxi Qingshuichuan Energy Co., Ltd

• Silver - Huaihe Energy Group Panji 2×660 MW Coal-fired Power Plant

• Bronze - China Resource Power Ningwu Project by China Resources Power (Ningwu) Co. LTD

Diesel-Fired Power Project of the Year

• Gold - ERDD project with Saudi Aramco by Altaaqa Alternative Solutions

District Cooling Initiative of the Year

• India - Concrete Volute Pumping Solution to CW Package Applications in Coal-Fired Thermal Power Projects by Kirloskar Brothers Limited

• UAE - Maxwell™ Nano-Particle Additive in Chilled Water System by National Central Cooling Company PJSC(Tabreed)

Dual Fuel Power Plant of the Year

• Gold - Harbin Electric International Co., Ltd. (HEI): Excellence in Dual Fuel Technology a Benchmark in the Industry by Harbin Electric International Company Limited

• Silver - PSPP Port Site Dual Fuel Power Plant 150MW by Consortium of PT Wartsila and PT PP (Persero) Tbk

Environmental Upgrade of the Year

• Bangladesh - Environmental and Sustainable Excellence in Coal Power Generation: BIFPCL by Bangladesh India Friendship Power Company (Pvt Limited

Director, The Lantau Group; Gregory Poussardin, Partner, Power & Utilities, EY Consulting; Sean Purdie, Asia Pacific Sustainability, Energy Transition, Managing Director, PwC Hong Kong; and Gervasius Samosir, Director, Roland Berger.

The judges of the Asian Oil & Gas Awards were Sanjeev Gupta, AsiaPacific Oil & Gas Leader, Ernst & Young; Tim Rockell, Managing Director, Energy Strat Asia Pte. Ltd.; and Gervasius Samosir, Director, Roland Berger.

The panel of judges for the Asian Water Awards were Gregory Poussardin, Partner, Power & Utilities, EY Consulting; Ida Johansson, Principal, Regulated & Infrastructure (Water Practice), Roland Berger; and Josette Soh, Sustainability & Climate Assurance Partner, Deloitte Singapore.

Meanwhile, the esteemed judges for the Asian Waste Management Awards consisted of Judy Li, Leader of ESG and Sustainability, EY Greater China and Sharad Somani, Partner, Head of Infrastructure, KPMG Asia Pacific, Head of KPMG ESG, KPMG in Singapore.

Congratulations to this year’s winners for their outstanding achievements and contributions to their respective industries!

• China - Innovative Research and Application of the Solid Waste Recycling and Comprehensive Disposal Center by China Resources Power (Jinzhou Co., Limited

• India - IL&FS Tamil Nadu Power Company Limited

• Indonesia - Green Transformation of Pelabuhan Ratu: Solar and Wind Power as Captive Power for a Sustainable Future by PT PLN Indonesia Power

• Philippines - 50MW Nabas Wind Power Project by PetroWind Energy Inc.

• Saudi Arabia - Applying Marafiq’s Sustainable Strategy to Enhance Environmental Protection & Control by Reducing NOx Emissions from Gas Turbine Units by MARAFIQ POWER & WATER UTILITY COMPANY

ESG Programme of the Year

• India - Lakadia Vadodara Transmission Project Ltd (LVTPL) by Sterlite Power

• Indonesia - Building a Green Ecosystem and Empowering the Community through the Belanting River Tubing Program: ESG Implementation at PGE Lumut Balai by PT Pertamina Geothermal Energy Tbk Area Lumut Balai

• Pakistan - 1180 MW Combined Cycle Power Plant, Bhikki, District Sheikhupura, Pakistan by Quaid-e-Azam Thermal Power (Pvt) Limited

• Philippines - SMGP’s Company-Wide GHG Accounting by San Miguel Global Power

• Saudi Arabia - Just Transition by Acwa Power

Flexible Gas Power Project of the Year

• Gold - GUANGDONG YUDEAN DAYABAY COMPREHENSIVE ENERGY CO., LTD. 2 × 665MW Comprehensive Energy Station Project by GUANGDONG YUDEAN DAYABAY COMPREHENSIVE ENERGY CO., LTD.

• Silver - Haveli Bahadur Shah 1230 MW Combined Cycle Power Plant by SEPCO III ELECTRIC POWER CONSTRUCTION CO., LTD.

Gas Engine Combined Cycle Power Project of the Year

• Gold - NUR Power: Malaysia’s First CCGT Hydrogen-Ready Power Plant In a Microgrid Setup by N.U.R Power Sdn Bhd

• Bronze - Shanghai Minhang Gas Power Generation Co., Ltd.

Gas Power Project of the Year

• China - GUANGDONG YUDEAN DAYABAY COMPREHENSIVE ENERGY CO., LTD. 2 × 665MW Comprehensive Energy Station Project by GUANGDONG YUDEAN DAYABAY COMPREHENSIVE ENERGY CO., LTD.

• Hong Kong - CLP’s “D2” Combined Cycle Gas Turbine Power Project at Black Point Power Station, Hong Kong by CLP Power Hong Kong Limited

• Malaysia - NUR Power: Malaysia’s First CCGT Hydrogen-Ready Power Plant In a Microgrid Setup by N.U.R Power Sdn Bhd

• Pakistan - Integration of Secondary RLNG Fuel Operation with Online Fuel Changeover Capability by K- ELECTRIC, 560 MW COMBINED CYCLE POWER PLANT, BIN QASIM POWER STATION-II KARACHI, PAKISTAN

Geothermal Power Project of the Year

• Gold - G2COOL Geothermal Project by National Central Cooling Company PJSC (Tabreed)

• Silver - Achieving Ten Years of Reservoir, Generation, and Business Sustainability: The 32MW Maibarara Geothermal Power Project, Luzon, Philippines by Maibarara Geothermal Inc.

• Bronze - Power Plant Performance Strategy to Creating a Better Future for Energy Involves Green Energy and More Sustainable Source of Power by Geothermal by PT Pertamina Geothermal Energy Tbk Area Lumut Balai

Green Hydrogen Power Project of the Year

• Gold - PLN’s Green Hydrogen Plant by PT PLN (PERSERO)

• Silver - Solar PV for Green Hydrogen PT PLN Indonesia Power

Hydro Power Project of the Year

• Gold - Resilient Energy: Hedcor Hydros withstands natural calamities by Hedcor Group

• Silver - Upper Trishuli-1 Hydro Electric Project (UT-1 HEP)- 216 MW by Nepal Water and Energy Development Company (NWEDC)

• Bronze - Murum HEP Renewable Energy Certificate and Inaugural Bursa Carbon Exchange (BCX) Auction by Murum Hydro Power Generation Sdn Bhd

Independent Power Producer of the Year

• Australia - Zenith Energy

• Bangladesh - Bangladesh India Friendship Power Company (Pvt) Limited

• India - Greenko

• Indonesia - PT Shenhua Guohua Pembangkitan Jawa Bali

• Pakistan - Quaid-e-Azam Thermal Power (Pvt) Limited

• Saudi Arabia - Acwa Power

Information Technology Project of the Year

• China - China Resources Power Holdings Company Limited

• India - Case Book Management System powered by Remote Monitoring of Critical Power Plant Assets by CESC Limited

• Philippines - Integrating Smart Monitoring Systems for Enhanced Reliability and Environmental Compliance at Malita Power Plant at Malita Power Inc. by Malita Power Inc.

Innovative Power Technology of the Year

• Hong Kong - The Advanced Metering Infrastructure (AMI) Programme: Driving Innovation and Smart Grid Initiatives by CLP Power Hong Kong Limited

• India - Asset Health Index Platform by India Grid Trust

• Malaysia - Sarawak Energy’s Digital Transformation in Power Generation by Sarawak Energy Berhad

• Taiwan - New Strategies for Taiwan’s Power Grid Planning in the Renewable Energy Era by Taiwan Power Company

• UAE - Actual Load Profiles Simulator for Distribution Network by Dubai Electricity and Water Authority (DEWA)

Nuclear Power Project of the Year

• Gold - Sludge Lancing for the Steam Generator Tubesheet at the Maanshan Nuclear Power Station by Taiwan Power Company

Power Plant Upgrade of the Year

• India - Greenko Himachal Sorang Power Private Limited

• Korea - Renewable Power of the Year- Wind Power Generation Park of Yeongheung Power Division, Korea South-East Power by Emerson Korea by EmersonYeongheung Power Division

• Malaysia - Sarawak Energy’s Digital Transformation in Power Generation by Sarawak Energy Berhad

• Pakistan - Integration of Secondary RLNG Fuel Operation with Online Fuel Changeover Capability by K- ELECTRIC , 560 MW COMBINED CYCLE POWER PLANT , BIN QASIM POWER STATION-II KARACHI, PAKISTAN

• Vietnam -ROX Energy by ROX Energy Investment Joint Stock Company

Power Project Finance House of the Year

• Gold - The First Cross Border Wind Power Project Between Laos and Vietnam and the Largest Wind by KASIKORNBANK PUBLIC COMPANY LIMITED

Power Utility of the Year

• China - China Resources Power Holdings Company Limited

• India - Tata Power Company Limited

• Malaysia - Sarawak Energy Berhad

• Pakistan - K- Electric Limited

• Philippines - Malita Power Inc.

• Saudi Arabia - MARAFIQ POWER & WATER UTILITY COMPANY

R&D Project of the Year

• China - SPIC Pingwei Power Plant Ph III U5&U6 (2x1000MW) DCS SmartProcess (ISB) by Huainan Pingwei No.3 Power Generation Co.,Ltd

• India - Husk Power Systems Pvt. Ltd.

• Pakistan - Harbin Electric International Co., Ltd. (HEI): A Leader in Power Sector Research and Development by Harbin Electric International Company Limited

• Philippines - Utilizing Low-Cost Local Fuel in Circulating Fluidized Bed Boilers by Malita Power Inc.

Smart Grid Project of the Year

• Hong Kong - The Advanced Metering Infrastructure (AMI) Programme: Driving Innovation and Smart Grid Initiatives by CLP Power Hong Kong

• India - Lakadia Vadodara Transmission Project Ltd (LVTPL) by Sterlite Power

• Malaysia - Amplifying Efficiency with Every Endpoint by Sarawak Energy

• Taiwan - The Integration and Use of Advanced Application Technologies for Distributed Energy Storage in Taiwan by Taiwan Power Company

• UAE - Distribution Smart Grid Automation projects in DEWA by Dubai Electricity and Water Authority (DEWA)

Solar Power Project of the Year

• Australia - Kathleen Valley Solar PV Power Solution by Zenith Energy

• Bangladesh - IDCOL-BRECL-68MW Solar IPP by Infrastructure Development Company Limited (IDCOL)

• China - XiZang Development Investment Group JiTang 200MW Grazing-PV Complementary +160MW Energy Storage Project by XiZang Development Investment Group JiYa PV Energy Co., Ltd.

• India - Lakshadweep 1.7 MWp Solar Power Plant with 1.4 MWh Battery Energy Storage System by SunSource Energy

• Indonesia - Cirata Floating PV by PT PLN (PERSERO)

• Philippines - PROINSO AllHome Solar Project in the Philippines by PROINSO

• Vietnam - ROX Energy by ROX Energy Investment Joint Stock Company

Standby Power Plant of the Year

• Gold - Low-Cost Flexibility Enhancement Technology for Domestic 600MW Power Generation Units by China Resources Power (Dengfeng) Co., Ltd.

Transmission & Distribution Project of the Year

• Gold - Regional Power Grid Bottleneck Improvement Strategies in Response to the Rapid Development of Renewable Energy by Taiwan Power Company

• Silver - Asset Health Index Platform by India Grid Trust

• Bronze - Lakadia Vadodara Transmission Project Ltd (LVTPL) by Sterlite Power

Wind Power Project of the Year

• Australia - Kathleen Valley Wind Power Solution by Zenith Energy

• China - Cangnan #1 Offshore Wind Farm Project by China Resources Offshore Wind (Cangnan) Co., Ltd.

• Indonesia - Wind and Solar Synergy: Driving Pelabuhan Ratu’s Sustainable Energy Revolution by PT PLN Indonesia Power

• Korea - Renewable Power of the Year- Wind Power Generation Park of Yeongheung Power Division, Korea South-East Power by Emerson Korea by Yeongheung Power Division by Emerson - Yeongheung Power Division

• Laos - The First Cross Border Wind Power Project Between Laos and Vietnam and the Largest Wind by Mosoon Wind Power Co., Ltd.

• Philippines - 50MW Nabas Wind Power Project by PetroWind Energy Inc.

CEO of the Year

• Darmawan Prasodjo of PT PLN (PERSERO)

ASIAN OIL & GASAWARDS 2024WINNERS

ADNOC

• Net-Zero Initiative of the Year - UAE

ADNOC OFFSHORE

• Offshore Initiative of the Year - UAE

• Upstream Project of the Year - UAE

Altaaqa Alternative Solutions

• Operations and Maintenance Initiative of the Year - Saudi Arabia

EVENT: ASIAN POWER AWARDS

Aramco

• Innovation Award - Saudi Arabia

Bharat Petroleum Corporation Limited

• New Product of the Year - India

Bharat Petroleum Corporation Limited, Mumbai Refinery

• Innovation Award - India

BPCL

• Operations and Maintenance Initiative of the Year - India

ENN Energy Holdings Limited

• ESG Initiative of the Year - Hong Kong

• Health and Safety Initiative of the Year - Hong Kong

• Net-Zero Initiative of the Year - Hong Kong

ENOC Industrial Products Marketing (EIPM)

• Green Hydrogen Project of the Year - UAE

GAIL (India) Limited

• Green Hydrogen Project of the Year - India

Gujarat Gas Limited

• Downstream Project of the Year - India

• ESG Initiative of the Year - India

HPCL-Mittal Energy Limited (HMEL)

• Health and Safety Initiative of the Year - India

• Innovative Technology Initiative of the Year - India

Indian Oil Corporation Limited

• Refinery Project of the Year - India

Institute of drilling technology, ONGC Ltd

• Digital Transformation Initiative of the Year - India

• Water Management Initiative - India

Interocean Energy Pvt Ltd

• Consumer Initiative of the Year - Sri Lanka

Kuwait Oil Company

• Innovative Technology Initiative of the Year - Kuwait

• ESG Initiative of the Year - Kuwait

• Plant/Facilities Upgrade of the Year - Kuwait

Mabuhay Energy Corporation

• Data Initiative of the Year - Philippines

• Innovative Technology Initiative of the Year - Philippines

Nayara Energy

• Consumer Initiative of the Year - India

Petroliam Nasional Berhad (PETRONAS)

• Data Initiative of the Year - Malaysia

PETRONAS

• Innovation Award - Malaysia

Petroliam Nasional Berhad (PETRONAS)

• Digital Transformation Initiative of the Year - Malaysia

• ESG Initiative of the Year - Malaysia

PHUC SANG MINH TRADE ENGINEERING SERVICES JOINT STOCK COMPANY

• Innovation Award - Vietnam

PTT Exploration and Production Public Company Limited

• Digital Transformation Initiative of the Year - Thailand

Quorum Software

• Data Initiative of the Year - India

Saudi Aramco - Abqaiq Plants Operations Department – System Support Unit

• Innovative Technology Initiative of the Year - Saudi Arabia

• Net-Zero Initiative of the Year - Saudi Arabia

Shell Pilipinas Corporation

• Digital Transformation Initiative of the Year - Philippines

Shell Singapore

• ESG Initiative of the Year - Singapore

• Health and Safety Initiative of the Year - Singapore

• People Development Initiative of the Year - Singapore

The Shell Company of Thailand Limited

• Operations and Maintenance Initiative of the Year - Thailand

Yanbu Refinery Department - Saudi Aramco

• Digital Transformation Initiative of the Year - Saudi Arabia

• ASIANWATERAWARDS

2024WINNERS

Apo Agua Infrastructura, Inc. and Davao City Water District (DCWD)

• Clean Drinking Water Initiative of the Year - Philippines

• PPP Project Initiative of the Year - Philippines

Acwa Power

• Water Company Excellence Award - Saudi Arabia

Besino Environment Co., Ltd.

• Water Company Excellence Award - China

• Water Technology Excellence Award (Industrial) - China

• Water Quality Improvement Project of the Year - Indonesia

Clear Water Solutions (Al Shirawi)

• Water Company Excellence Award - UAE

Desire Energy Solutions Pvt. Ltd.

• Water Access Initiative of the Year - India

• Renewable Water Energy Innovation Award - India

• Water Technology Excellence Award (Digital Technology) - India

Dhaka WASA

• Engineering Excellence of the Year - Bangladesh Fujairah Environment Authority (FEA)

• Solid Waste Treatment Project of the Year - UAE

Hiraya Technology Solutions Inc.

• Water Company Excellence Award - Philippines

• Water Technology Excellence Award (Digital Technology) - Philippines

Jal Jeevan Mission, Assam

• Water Education and Awareness Initiative of the Year - India

Malita Power Inc.

• Water Conservation Initiative of the Year - Philippines

• Water Reuse and Recycling Project of the Year - Philippines

Metro Dumaguete Water

• Water Education and Awareness Initiative of the Year - Philippines

• Community-Based Water Project of the Year - Philippines

Metro Pacific Iloilo Water

• Innovation of the Year - Philippines

METROPOLITAN UTILITIES CORPORATION SDN BHD

• Water Company Excellence Award - Malaysia

• Collaborative Water Initiative of the Year - Malaysia

National Water Company

• Innovation of the Year - Saudi Arabia

Perusahaan Umum Daerah Air Minum Jaya

• Environmental Conservation Excellence Award - Indonesia

PT Brantas Abipraya (Persero)

• Sustainable Water Infrastructure Award - Indonesia

• Water Company Excellence Award - Indonesia

PT PLN INDONESIA POWER UBP SURALAYA

• Water Technology Excellence Award (Industrial) - Indonesia

Quezon City Local Government

• Water Crisis Response and Relief Initiative of the Year - Philippines

• Water Governance Initiative of the Year - Philippines

South East Water

• Water Technology Excellence (Research and Development) - Australia

• Water Technology Excellence Award (Water Resource Management) - Australia

Sydney Water

• Water Technology Excellence Award (Digital Technology) - Australia

WTE Wassertechnik GmbH

• Water Company Excellence Award - Kuwait

• Sustainable Water Infrastructure Award - Kuwait

ASIANWASTE MANAGEMENTAWARDS 2024WINNERS

Agthia Group PJSC

• Circular Economy Leadership of the Year - UAE

• Green Packaging Initiative of the Year - UAE

• Plastic Waste Reduction Initiative of the Year - UAE

Cenviro Sdn Bhd

• Waste Management Excellence of the Year - Malaysia

• Hazardous Waste Management Excellence of the Year - Malaysia

CIECO SustainTech Solutions Pvt. Ltd.

• Waste Management Excellence of the Year - India

• Waste Management Technology of the Year - India

Dinas Perikanan Kota Mataram

• Waste Management Technology of the Year - Indonesia

Environment Protection Authority Victoria

• Circular Economy Leadership of the Year - Australia

GREEN LAND RECYCLING SOLUTIONS LLC

• Waste Management Excellence of the Year - UAE

L’Oréal Malaysia

• Green Packaging Initiative of the Year - Malaysia

• Employee Engagement Initiative of the Year - Malaysia

PT PLN INDONESIA POWER UBP SURALAYA

• Waste Management Excellence of the Year - Indonesia

PT Tirta Investama (Danone-AQUA)

• Circular Economy Leadership of the Year - Indonesia

QATAR FREE ZONE AUTHORITY

• Circular Economy Leadership of the Year - Qatar

• Waste Policy and Regulation Excellence of the Year - Qatar

• ESG Integration Excellence of the Year - Qatar

Quaid-e-Azam Thermal Power (Pvt) Limited

• Waste Management Excellence of the Year - Pakistan

Tata Projects

• Organic Waste Initiative of the Year - India

Waste4Change

• Operational Efficiency Initiative of the Year - Indonesia

• Plastic Waste Reduction Initiative of the Year - Indonesia

Altaaqa Alternative Solutions
CLP Power Hong Kong Limited
Consortium of PT Wartsila and PT PP (Persero) Tbk

EVENT: ASIAN POWER AWARDS

K- ELECTRIC, 560 MW COMBINED CYCLE POWER PLANT, BIN QASIM POWER STATION-II KARACHI, PAKISTAN
N.U.R Power Sdn Bhd
PT Pertamina Geothermal Energy Tbk Area Lumut Balai
Maibarara Geothermal Inc.
National Central Cooling Company PJSC (Tabreed)
PT PLN (PERSERO)
Malita Power Inc.
Nepal Water and Energy Development Company (NWEDC)
Murum Hydro Power Generation Sdn Bhd
PetroWind Energy Inc.
Harbin Electric International Company Limited
Emerson - Yeongheung Power Division
San Miguel Global Power
Sterlite Power
XiZang Development Investment Group
JiYa PV Energy Co., Ltd.
PT PLN Indonesia Power
Sarawak Energy Berhad
Sarawak Energy Berhad
Zenith Energy
Quaid-e-Azam Thermal Power (Pvt) Limited
ADNOC Offshore
ADNOC
Altaaqa Alternative Solutions
ADNOC Offshore

EVENT: ASIAN POWER AWARDS

PTT Exploration and Production Public Company Limited
Saudi Aramco - Abqaiq Plants Operations Department – System Support Unit
Shell Pilipinas Corporation
PETRONAS
Petroliam Nasional Berhad (PETRONAS)
Petroliam Nasional Berhad (PETRONAS)
Nayara Energy
Kuwait Oil Company
Mabuhay Energy Corporation
GAIL (India) Limited
HPCL-Mittal Energy Limited (HMEL)
Aramco
WTE Wassertechnik GmbH
Perusahaan Umum Daerah Air Minum Jaya 1
PT Brantas Abipraya (Persero)
Metro Dumaguete Water
Metro Pacific Iloilo Water
Malita Power Inc.
Besino Environment Co., Ltd.
Yanbu Refinery Department - Saudi Aramco
Shell Singapore and The Shell Company of Thailand limited

Powering progress: UT-1 Hydropower project leading Nepal’s energy future

The Upper Trishuli-1 Hydropower Project is a landmark achievement in Nepal’s energy sector.

Situated in the rugged terrain of Rasuwa District, the Upper Trishuli-1 Hydropower Project (UT-1 HEP) is a major milestone in Nepal’s renewable energy landscape. With an installed capacity of 216 MW, this ROR project, led by Nepal Water and Energy Development Company (NWEDC), will generate approximately 1,456 GWh annually, increasing Nepal’s power supply by nearly 8%.

With shareholdings from KOEN, KIND, IFC, and a local partner, along with financing from nine international banks—including IFC, ADB, AIIB, KEXIM, KDB, BII, FMO, PROPARCO, and the OPEC Fund—UT-1 construction commenced in 2022, marking a significant step in strengthening Nepal’s energy security.

Construction progress of UT-1 HEP

UT-1 HEP has achieved significant milestones, including river diversion, excavation of the underground desander, breakthrough of the headrace tunnel, and excavation of the underground powerhouse cavern structures. Powerhouse equipment installations have also begun. The project adheres to international safety and engineering standards, ensuring efficient progress for commissioning in December 2026.

The UT-1 HEP is the first project in Nepal and Southeast Asia to successfully implement Free, Prior, and Informed Consent (FPIC) in 2018, engaging indigenous communities in decision-making to protect their land and culture. Through its Indigenous Peoples Plan (IPP), the project fosters economic growth, employment, and cultural preservation, aligning with IFC Performance Standards and strengthening trust with local stakeholders.

The project also represents Nepal’s largest hydropower FDI (USD) initiative, secured through robust Project Development and Power Purchase Agreements (PDA & PPA). A critical financial safeguard is the hedging

fund mechanism, mitigating currency fluctuation risks, ensuring financial stability, and boosting investor confidence. This innovative approach sets the precedent for Nepal’s future infrastructure projects.

Prioritising worker welfare, UT-1 HEP follows IFC-EBRD (2009) guidelines for worker accommodations, ensuring improved living conditions, sanitation, and safety. Unlike non-compliant projects facing overcrowding and instability, UT-1’s highquality facilities enhance worker morale, productivity, and retention, contributing to efficient project execution.

Development & social impact

Beyond energy generation, UT-1 HEP is transforming communities through key developments such as 10 km of new access roads supporting mobility and local economic activity; the establishment of one health post, two schools, and educational grants; 20 kWh of free electricity per month for eligible households; 10% of the local shares to project affected people as benefit sharing; 448 out of 1,274 workers (as of April 2024) are local hires, ensuring skill transfer and economic upliftment; and 30 Construction Environmental & Social Management Plans (CESSMPs) aligned with IFC Performance Standards for sustainability.

UT-1 HEP leverages advanced construction technologies such as shotcrete robots, automated material handling, and drone surveys. Design optimisations have enhanced HRT alignments, reduced adits, and optimised underground structures, ensuring cost and time efficiency without compromising quality. Safety monitoring systems and emergency response

plans further safeguard workers and structural integrity.

The

future of hydropower

Environmental and Social Impact Assessments (ESIA) and Environmental and Social Management Plans (ESMP) align with IFC Performance Standards (PS1-PS7). Gender empowerment is a key focus, supported by the Nepal Hydropower Environmental and Social Advisory Project, encouraging women’s inclusion in nontraditional roles. Women currently make up 6% of the workforce, promoting gender diversity in Nepal’s energy sector.

Following the 2015 earthquake, UT-1 conducted a socioeconomic assessment of Project Affected Families (PAFs) and revised its Land Acquisition and Livelihood Restoration Plan (LALRP). Design optimisations ensure both energy production and ecological balance, incorporating fish passages for snow trout migration and environmental release mechanisms. eDNA technology aids in identifying fish species for conservation, reinforcing UT-1’s commitment to sustainability. Biodiversity conservation through the no net loss (NNL) principle is also fully complied with in the UT-1 Project.

As UT-1 HEP moves toward completion, it exemplifies Nepal’s progress in sustainable energy. Through pioneering financing, environmental responsibility, worker welfare, gender inclusion, and biodiversity conservation, UT-1 is setting new benchmarks in hydropower development. Beyond electricity generation, UT-1 HEP is transforming Nepal’s energy landscape, fostering a sustainable future.

Overview of UT-1 Hydropower project

Altaaqa Alternative Solutions: Driving the future of smart energy management

They optimise power generation through real-time tracking, predictive maintenance, and data-driven insights.

Altaaqa

Alternative Solutions goes beyond power generation—they optimise it. Backed by Zahid Group’s more than 75-year legacy, Altaaqa Alternative Solutions is driving the future of energy with cutting-edge digital solutions.

• Smart Fleet & Inventory Control – Real time tracking for seamless operations

• Remote Monitoring & Predictive Maintenance – Reduces down time and boosts efficiency

• AI-Powered Insights – Data-driven decisions for optimised performance With technology at its core, Altaaqa

With technology at its core, Altaaqa Alternative Solutions delivers efficiency, reliability, and innovation

Alternative Solutions delivers efficiency, reliability, and innovation—powering industries today and shaping the energy landscape of tomorrow.

Stay powered up with Altaaqa Alternatives Solutions. Contact them today for the best energy solutions. Altaaqa Alternative Solutions—Leading the charge.

Altaaqa Alternative Solutions Command Centre

OF THE YEAR - HONG KONG

SMART GRID PROJECT OF THE YEAR - HONG KONG

GAS POWER PROJECT OF THE YEAR - HONG KONG

CLP Power Hong Kong Limited emerges victorious at Asian Power Awards 2024 with three wins

It advanced smart grid and clean energy transition with innovations in metering and power generation.

CLP Power Hong Kong Limited received recognition at the Asian Power Awards 2024 with its Advanced Metering Infrastructure (AMI) programme claimed both “Innovative Power Technology of the YearHong Kong” and “Smart Grid Project of the Year - Hong Kong”, whilst its Combined Cycle Gas Turbine (CCGT) Unit D2 project named “Gas Power Project of the Year - Hong Kong”.

Transitioning Hong Kong into a smart city CLP Power launched the AMI Programme in 2018 to support the city’s transition into a smart city. As of October 2024, smart meters have been installed for about 90% of CLP Power’s residential customers and small and medium-sized business customers, with over 2.60 million smart meters connected. This has enhanced the safety and reliability of the power supply and provided customers with digitalised services and solutions to encourage energy saving.

The company also deployed its selfdeveloped “Invisible Antenna,” a patented solution that transforms the metallic louvres of substations into radio frequency antennas, improving wireless connectivity and achieving the smart meter data collection rate to a remarkable 100%.

Enabling smart grid initiatives

The implementation of smart meters has also enabled sustainable smart grid initiatives. CLP Power utilises the near real-time granular meter data to enhance services

such as the Feed-in Tariff scheme, which encourages the connection of renewable energy sources to the grid.

Furthermore, the granularity of smart meter data supports the “Local Demand Response” approach by activating demand response measures in specific areas with network capacity constraints during the peak load.

This method also contributes to the development of Virtual Power Plants, where electricity demand is managed rather than met by building new generation plants. In 2023, CLP Power invited residential customers with smart meters to make slight adjustments to their energy consumption behaviour and reduce their energy use during peak demand periods. These demand response programmes saved a total of 410,000 kWh of electricity, which is equivalent to 160 tonnes of carbon emissions reduction.

Through data analytics and artificial intelligence, the AMI Programme has provided CLP Power with valuable insights, such as accurate customer load measurements and equipment capacity planning. It also enables additional features, such as the detection of overhead line incidents. The Meter Malfunction Analyser identifies potential meter issues by analysing specific criteria, including the frequency of critical meter events and erroneous load profile values. Machine learning algorithms are also employed to detect tampering by identifying irregular consumption patterns and unregistered EV charging loads.

Cutting carbon emissions

The Combined Cycle Gas Turbine (CCGT) Unit D2 at Black Point Power Station began commercial operation in early 2024. Along with its sister unit, Unit D1, these two highly efficient CCGTs play a key role in the Hong Kong Government’s efforts to cut carbon emissions and enhance air quality.

Unit D2 has a generating capacity of 600 MW, featuring advanced H-class gas turbine technology, a triple pressure Heat Recovery Steam Generator (HRSG), and a Selective Catalytic Reduction system. With approximately 60% efficiency and low nitrogen oxide emissions, Unit D2 is the largest clean energy plant in Hong Kong, capable of meeting the energy needs of 1 million households whilst reducing carbon emissions by 1 million tonnes annually.

Sustainability was prioritised in design and during construction. Biodiesel and Battery Energy Storage System technology were utilised to reduce carbon emissions by 5.2 million tonnes. Additionally, 25,000 tonnes of construction materials were recycled, and 10,000 cubic meters of fresh water were saved through recycling and reuse.

Unit D2 also uses closed-loop seawater cooling tower technology, minimising freshwater usage and reducing thermal discharge to nearby waters by up to 95% compared to a once-through cooling system.

Modularisation, BIM, and AR

To enhance efficiency and safety, the project team adopted modularisation and prefabrication for components, including HRSG pressure parts, piping systems, and electrical systems, improving work quality and reducing worker exposure to working at heights in demanding site conditions.

The project embraced modern technology by applying Building Information Modelling and augmented reality for design reviews, operability checks, construction planning, and operator training. A systematic data management process ensured smooth execution and seamless database transfer. State-of-the-art cybersecurity measures, including proprietary data diodes, were also employed to safeguard the system.

These innovations have led to recognition at the Asian Power Awards 2024.

CLP Power wins three awards at Asian Power Awards 2024

Zenith Energy is enabling the energy transition for Australian’s mining and property sectors delivering market leading microgrids powered by reliable high fraction renewable energy hybrid systems.

Across Asia, many countries have set net zero energy goals, with most aiming to achieve net zero emissions by 2050. Capacity constraints combined with decarbonisation efforts are changing the grid landscape. Itron’s Grid Edge Intelligence portfolio provides utilities unprecedented visibility and control at the grid edge to better manage distributed energy resources and reach sustainability goals.

Beyond the meter, ahead of the curve

Dubai Electricity and Water Authority: Pioneering the future of clean energy and innovation

With record-breaking achievements in sustainability, efficiency, and digital transformation, DEWA is setting a global benchmark for the energy transition and carbon neutrality.

Dubai Electricity and Water Authority (DEWA) has long been at the forefront of advancing clean energy and sustainability, positioning itself as a global leader in transforming the energy landscape. Leveraging artificial intelligence (AI) in its value chain to reach carbon neutrality by 2050, DEWA has set remarkable milestones in power generation, transmission, and distribution, in support of the goals of the UAE Net Zero Strategy 2050, as well as the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050 to provide 100% of the Emirate’s energy production capacity from clean sources by 2050.

DEWA serves over 1.27 million customer accounts and has achieved global recognition for the lowest line losses in electricity (2%) and water (4.5%), as well as the lowest customer minutes lost (CML) at just 0.94 minutes per year. It has also ranked first worldwide in 12 key performance indicators.

Reshaping Dubai’s energy infrastructure

“Under the visionary leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, we have spearheaded a series of groundbreaking projects that have reshaped Dubai’s energy infrastructure and paved the way for a more sustainable future for generations to come. Today, approximately

20% of our installed generation capacity is clean, and we are determined to remain ahead of the curve during DEWA’s energy transition journey,” said HE Saeed Mohammed Al Tayer, MD & CEO of DEWA.

DEWA’s commitment to innovation is reflected in its pioneering initiatives, most notably the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest singlesite solar park based on the independent power producer model. Launched in 2012, it will have a production capacity of more than 7,260MW by 2030, reducing over eight million tonnes of carbon emissions annually. The total capacity of projects commissioned at the solar park has reached 3,460MW from photovoltaic (PV) solar panels and concentrated solar power (CSP).

The 950MW fourth phase of the solar park, utilising CSP and PV technologies, achieved two Guinness World Records: The Tallest Concentrated Solar Power Tower, at 263.126 metres, and The Largest Thermal Energy Storage Plant, at 5,907 megawatt-hours, using CSP based on a parabolic basin complex with molten salt technology.

Boosting solar power generation efficiency

In addition to reducing Dubai’s carbon footprint, this ambitious solar park project houses a global Research & Development Centre and a Sustainability & Innovation Centre, where DEWA continues to introduce new technologies to enhance the efficiency of solar power generation.

As part of its pioneering efforts to diversify its energy mix and integrate large-scale energy storage solutions into its clean energy strategy, DEWA is implementing the 250MW Hatta PumpedStorage Hydroelectric Power Plant, with a storage capacity of 1,500 megawatt hours, which can supply the grid with power whenever needed.

Green Hydrogen

One of the most significant advancements in Dubai’s clean energy portfolio is DEWA’s Green Hydrogen project, located at the solar park. This initiative is the first of its kind in the Middle East and North Africa to produce hydrogen using solar energy. Since its launch in May 2021, the project has reduced 490 tonnes of carbon emissions and produced approximately 90 tonnes of green hydrogen. Moreover, AI has become a key pillar of DEWA’s operations. In generation, DEWA has developed the world’s first intelligent gas turbine controller that relies on AI and enables real-time and autonomous control of gas turbines at the Jebel Ali Power Generation and Water Desalination Complex. In transmission, DEWA has integrated AI technology into 132/11 kV digital substations, enhancing their security. Another of DEWA’s notable achievements is the launch of the Rammas virtual employee, which has answered over 10 million customer inquiries since 2017. In 2023, DEWA enhanced Rammas with ChatGPT to further improve customer experience.

DEWA’s future initiatives are set to further strengthen Dubai’s position as a global hub for clean energy, with plans to continue driving innovation and sustainability across energy production and consumption. Through its dedication to clean energy, AI and technological advancements, DEWA is not only securing Dubai’s energy future but also setting a model for the world to follow in the pursuit of a sustainable and greener future.

‘We have spearheaded a series of ground-breaking projects that have reshaped Dubai’s energy infrastructure and paved the way for a more sustainable future for generations to come’
HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
Mohammed bin Rashid Al Maktoum Solar Park

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Is Northeast Asia set to lead the second surge of floating offshore wind?

After some initial years of great opportunism and a surge to secure floating offshore wind sites around the world, 2023 and the beginning of 2024 was marked by a continuous string of setbacks for the nascent industry. However, the Northeast Asian markets are starting to move with South Korea taking a lead and awarding the 750 MW Firefly floating project, which is now set to be developed by Equinor and provide first power in the early 2030s.

Dependence on floating technologies

The offshore wind sector has struggled with rising inflation, pressured supply chains and uncertainty in many markets – and the unproven technology of floating offshore wind turbines has further struggled to find its footing as higher costs and lower learning rates meant that commercial-scale projects are pushed further into the future than expected. Previously, large-scale projects were anticipated by 2030, but the commercialisation of floating offshore wind now seems more reasonable for mid-decade.

Whilst some markets are turning away from the floating technologies, markets in Northeast Asia have shown a willingness to pay for the nascent technology. In South Korea, an auction roadmap was launched in August 2024, which includes a target to allocate offtake for 2.5-3 GW of floating offshore wind – and the government took a major step in December 2024, when Equinor’s 750 MW Firefly project off Ulsan was awarded a PPA. This marks the largest offtake contract for a floating offshore wind project in the world today and clearly shows a willingness to pay despite this entailing a cost premium for the country. The step puts South Korea in a prime position to potentially becoming a global leader within floating offshore wind.

In addition to the positive developments in South Korea, the Japanese

government has continuously provided funds to several pilot projects with large-scale turbines on floating foundations. These projects are aimed at developing the country’s supply chain and capabilities within floating technologies. So far, Japan has been confined to develop its margin options in fixed-bottom areas, but most of the country’s potential for offshore wind is in waters suited for floating offshore wind. The parliament is currently finalising legislation to enable the consideration of the entire exclusive economic zone for offshore wind, which until now has been confined to territorial waters.

A challenged industry arising anew in Northeast Asia?

Offshore wind is an investment-heavy business and the prospects to assert your market as the go-to place for floating offshore wind developers and investors could present a major opportunity for foreign investments. As markets in Europe and the US have seen a general withdrawal from floating offshore wind, markets in Asia-Pacific could become the new center for floating offshore wind.

The offshore wind intelligence company Aegir Insights is currently forecasting floating offshore wind to reach 1.3 GW by 2035 in AsiaPacific, but the region has the potential to change this. With increasing electricity demand and common targets for decarbonisation, the entire Asia-Pacific region is in dire need of new sources of clean energy.

High prices must be expected for the initial floating offshore wind projects, but if significant funds are put into the development and commercialisation of the industry, the scalability and standardisation perspectives of floating technologies could foster an accelerated buildout. This would serve both the countries’ targets of decarbonisation, energy security, and economic growth and could enable global leadership within a new technology for Northeast Asia.

South Korea is leading with the awarding of 750 MW Firefly floating project

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