Korea Electric Power Corporation (KEPCO) has confirmed that South Korea’s government plans a major restricting of the company. It confirmed that under the terms of a recently announced Public Institution Function Reform Promotion Plan, its five power generation facilities will be merged into a single entity.
Doosan Enerbility has won a contract to build a CCGT in Vietnam worth $615 million. The contract was awarded by Petrovietnam (PVN) for the 1155 MW O Mon 3 plant.
Preparations are underway to construct a 250 MW solar power plant project in Ngwesaung, Pathein District, Myanmar.
Taiwan has approved a preliminary plan to restart the Maanshan nuclear power plant, a reversal of the government’s policy as the country looks to improve its energy security. Maanshan has two units, each of 951 MW for a combined capacity of 1902 MW. The units were shut down in 2024 and 2025.
The think tank Global Energy Monitor has published data showing that Southeast Asia is developing over 100 GW of gas-fired power generation capacity and 70 million tons of LNG import capacity, despite growing supply risks highlighted by the ongoing war in the Middle East.
Kumho Engineering and Construction (Kumho E&C) has announced completion of the Gumi natural gas-fired power plant, the country’s first coal-to-gas fuel conversion project.
The South Korea Government has announced a plan to abolish coal-fired power generation by 2040, replacing 39 of the 60 currently operating coal power plants with LNG and pumped storage hydropower by 2038, and to phase out the remaining 21 units between 2037 and 2039.
India’s Ministry of Power has approved an urgent request from Nepal to increase electricity exports to Nepal amid severe disruption caused by the floods.
Mico Group has successfully completed its acquisition of NEM Energy, the world’s leading HRSG maker, through its subsidiary Hyundai Heavy Industries Power Systems (HPS).
Sri Lanka’s Board of Investment (BOI) has approved Sahasdhanavi Limited’s plan for the development of a 350 MW combined cycle power plant at the Kerawalapitiya Industrial Zone.