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Philippines issues draft policy for first nuclear power plant
The Philippines Department of Energy (DOE) has released its first policy framework to guide the commercial development and operation of nuclear power plants. According to Malaya Business Insight, the policy allows for small modular reactors (SMRs), micro-modular reactors (MMRs), and floating nuclear plants, reflecting global trends in scalable and low-carbon technologies. The framework sets a…
Aboitiz Power in talks for majority stake in Fourth Partner Energy
Philippines-based Aboitiz Power is in advanced talks to acquire a majority stake in Hyderabad-based renewable energy firm Fourth Partner Energy, according to sources. The proposed deal could be among the largest recent foreign acquisitions in India’s commercial and industrial (C&I) renewable segment. The transaction would allow early investors to partially exit. Current backers include TPG…
Debt markets reshape India’s energy transition: IEEFA report
India’s energy transition is being increasingly driven by debt markets, with renewable energy platforms showing stronger margins and wider access to capital than thermal peers, even as rising leverage places near-term pressure on credit metrics. This is according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, titled “Financing…
Weekly electricity prices drop across most European markets
Electricity prices fell across most major European markets last week, according to AleaSoft Energy Forecasting. The consultancy recorded price declines in Belgium, Britain, the Netherlands, France, Germany, Nordic countries, Portugal, and Spain. Italy was the only exception. In most analyzed markets, weekly average prices dropped below €85 ($91.56)/MWh. However, Britain and Italy remained above this…
Chhattisgarh revises electricity tariffs; domestic users hit
The Chhattisgarh government has revised electricity tariffs for the financial year 2025–26, with new rates in effect from July 1. While the changes include targeted rebates for rural and tribal regions, domestic and non-domestic users will see an increase in their monthly electricity bills. According to The Times of India, a 10 per cent rebate…
KEC International wins Rs 3,243 crore T&D orders
KEC International Limited, part of the RPG Group, has secured new contracts worth Rs 3,243 crore in its transmission and distribution segment. The projects include construction of 400 kV transmission lines in the United Arab Emirates (UAE) and supply of towers, hardware, and poles in the Americas. With these awards, the company’s year-to-date order intake…
