Of the total, $96 billion is needed to build new power plants and $37.3 billion to expand its power grid, the government said in a statement on its website HANOI: Vietnam will need to invest up to $133.3 billion in new power plants and transmission networks over the next decade to meet the country’s rising […]
India holds 100 Tcf of gas reserves, enough to meet half of demand till 2050: BP chief
New Delhi: UK supermajor BP plc chief executive Bob Dudley on Monday said there are 100 trillion cubic feet of yet-to-be-discovered natural gas reserves in India that would be enough to meet half of the nation’s gas demand till 2050. BP in partnership with Reliance Industries is investing about USD 5 billion to bring about […]
INTERVIEW-JERA aims to double profit by FY25/26 with focus on LNG, renewable energy
* To use 70 pct of 7-yr investment budget on LNG, renewables * Off-shore wind projects are key investment targets * Keeps coal-fired power in line with Japan gov’t energy policy TOKYO: JERA, Japan’s biggest thermal power generator and the world’s biggest buyer of liquefied natural gas (LNG), aims to double its profit by the […]