sections

Saturday, 18 January 2020

Changi consortium wins Komodo Airport PPP

PFI Issue 664 - January 15, 2020

The Indonesian government has awarded a consortium led by Singapore’s Changi Airport International (CAI) a 25-year concession to develop and operate Komodo Airport in Labuan Bajo, East Nusa Tenggara.

Govt offers new water contract

PFI Issue 664 - January 15, 2020

The Philippine government has amended terms and conditions of the water supply contract for the Metro Manila region. This is now being offered to existing concessionaires Maynilad Water Services and Manila Water.

PNOC to increase stake in Malampaya

PFI Issue 664 - January 15, 2020

PNOC-Exploration, a unit of Philippine National Oil Co, is planning to exercise its right to acquire a 10% stake in the Malampaya gas field project following news that Chevron is selling its 45% stake to Udenna Corp.

Bulacan Airport ground-breaking this week

PFI Issue 664 - January 15, 2020

Ground-breaking on Bulacan International Airport is scheduled to be held this week, the Philippine Department of Transportation (DOTr) said.

Sharp forms solar JV

PFI Issue 664 - January 15, 2020

Sharp Energy Solutions, a subsidiary of Japan’s Sharp Corp, and local partner NSN Construction & Engineering have set up a joint venture called Sharp NSN Energy Solutions (SNES) to develop new technologies involving renewable energy, particularly solar energy.

Nam Dinh 1 IPP set for PPA

PFI Issue 664 - January 15, 2020

Sponsors of the 1.2GW Nam Dinh 1 power plant are said to be working to secure a power purchase agreement (PPA) with Vietnam Electricity (EVN) following the signing of a loan agreement for a US$1.89bn 20-year debt facility.

BGSR consortium wins M6 and M81 PPP

PFI Issue 664 - January 15, 2020

The BGSR consortium has won the bid to operate and maintain two expressways – the M6 and M81 motorways – outbidding two other consortia with the lowest amount of compensation. BGSR comprises BTS Group, Gulf Energy Development, Sino-Thai Engineering and Construction, and Ratch Group.

Laguna water districts seek partners

PFI Issue 664 - January 15, 2020

Two water districts in Laguna province are looking for a joint venture partner for the proposed Lumbo Spring bulk water supply project.

Java 9&10 loan in documentation

PFI Issue 664 - January 15, 2020

A group of around 10 banks has been finalised to fund the first 1GW phase of the 2GW ultra-supercritical coal-fired Suralaya power plant, the Java 9&10 project.

Lucio Tan/CCCC JV is sole Sangley bidder

PFI Issue 664 - January 15, 2020

A joint venture between China Communications Construction Co (CCCC) and local partner MacroAsia Corp, part of the Lucio Tan Group, is expected to be named the partner with the Cavite provincial government to develop an international airport at Sangley Point.

SN Aboitiz plans ground-mounted solar

PFI Issue 664 - January 15, 2020

SN Aboitiz Power is likely to build ground-mounted solar power plants to add to its portfolio of energy sources.

RAPID loan fully drawn

PFI Issue 664 - January 15, 2020

Petronas and Saudi Aramco have fully drawn down on the 18-year US$9.5bn loan facility for their Refinery & Petrochemical Integrated Development (RAPID) project, the Marigold project.

PNOC open to LNG partners

PFI Issue 664 - January 15, 2020

State-run Philippine National Oil Co (PNOC) is open to having partners investing in liquefied natural gas (LNG) projects in the country.

MGen secures approval for 50MW solar

PFI Issue 664 - January 15, 2020

A consortium led by MGen Renewable Energy (MGreen), a renewable energy subsidiary of Meralco PowerGen Corp (MGen), has secured the construction permit this month to develop a 50MW solar park in Bulacan province, according to Meralco PowerGen president Rogelio Singson.

EGA signs smelter deal with Inalum

PFI Issue 664 - January 15, 2020

Emirates Global Aluminium has signed a memorandum of understanding with Indonesia Asahan Aluminium (Inalum) to develop a new aluminium smelter in Indonesia.

Five win on LSS3 solar

PFI Issue 664 - January 15, 2020

Malaysia’s Energy Commission (EC) has selected five consortia to develop solar power projects under its third and latest large-scale solar power plant (LSS3) programme.