Myanmar’s Ministry of Construction has issued the request for proposals (RFP) to the 10 pre-qualified bidders for Phase 1 of the Yangon Elevated Expressway (YEX) public-private partnership (PPP) project. The IFC is its transaction adviser.
Power Sector Assets & Liabilities Management (PSALM) has published its latest invitation to bid for the 650MW Malaya thermal power plant in Rizal province.
Energy and utilities group Sembcorp Industries has been declared the preferred bidder for the project to design, build, own and operate (DBOO) a floating solar farm on Tengeh Reservoir.
Yinson Holdings, a leading provider of floating, production, storage and offloading (FPSO) services, is seeking a US$100m three-year corporate term loan as its five-year US$100m is nearing financial close.
Temasek Holdings and Asia-focused private equity fund ABC World Asia have jointly injected S$50m (US$36.8m) into Sunseap Group.
Malaysia’s minister for economic affairs has suggested studying Japan’s railway technology in developing the Kuala Lumpur to Singapore high-speed rail (HSR) project.
Indonesia Power (IP), a subsidiary of PLN, has issued an invitation this week for partners to develop four solar power plants under a programme called Proyek Hijaunesia.
Singapore’s high court recently granted water treatment company Hyflux a one-month extension to its debt moratorium until February 28.
The Vietnamese government is pushing for completion of the feasibility study on the first development phase of the proposed Long Thanh international Airport.
PetroVietnam Power has signed a deal to allow a consortium of Citibank and ING to arrange funds for its US$1.4bn project to expand a gas-fired power complex in southern Vietnam with two new units.
ACWA Power is understood to be keen to develop floating solar projects on major dams in Indonesia.
The board of the National Economic & Development Authority (NEDA) has approved 10 infrastructure projects that require investment of Ps765.36bn (US$15bn).
The Energy Regulatory Commission (ERC) has given its approval to GNPower Kauswagan (GNPK) to set up a dedicated transmission facility that will connect its 552MW coal-fired power plant to the grid of the National Grid Corp of the Philippines (NGCP).
Hong Kong-listed VPower Group International Holdings is partnering with China National Technical Import & Export Corporation (CNTIC) on a 50:50 basis to form a joint venture company to develop and operate three power plants with a total capacity of 900MW.
Businessman Enrique Razon has acquired a 25% stake in Manila Water, a subsidiary of Ayala Corp.
China CAMC Engineering Co and Singapore-based Equis Funds Group have expressed interest in partnering with businessman Gregorio Araneta in his plan to develop an 800MW pumped storage hydroelectric facility in Pangil, Laguna.
Makati-based Asia Pacific Renewable Energy Solutions is planning to develop six waste-to-energy (WtE) projects. The estimated project cost is about US$200m.
The Philippines government has rejected the unsolicited proposal of Metro Pacific Investments (MPIC) to take over the operations and maintenance of Metro Rail Transit Line-3 (MRT-3), MPIC CEO Jose Maria Lim said in a recent interview.