AES-VCM Mong Duong Power, the project company set up by AES Corp, Posco Power Corp and China Investment Corp, is understood to be looking at refinancing the 18-year US$1.4bn debt facility raised in 2011.
Pertamina and CPC Corporation of Taiwan have signed an agreement to jointly develop a naphtha cracker in Indonesia.
The Philippine Department of Transportation (DOTr) has received unsolicited proposals from the Aboitiz Group for some of the airports in the south.
The Vietnamese government will allow expansion in capacities of power plants in Phu My district, which has a total combined capacity of 3,900MW.
At least two bidding groups are understood to be taking shape for the estimated Bt200bn (US$6.2bn) high-speed rail project under Thailand’s Eastern Economic Corridor policy.
Limay LNG Power Corp (LLPC) is partnering with China Energy Equipment Co (CEEC) and Glencore to develop the country’s first floating storage regasification unit (FSRU) and a 1,100MW LNG-fired power plant.
Phoenix Petroleum and Chinese state-owned oil producer CNOOC Gas & Power have submitted an unsolicited proposal to develop the country’s first integrated liquefied natural gas project, according to reports.
The Philippine Department of Transportation (DOTr) has given the Cavite provincial government until the year-end to clarify its position on its Sangley Point proposal.
Chelsea Logistics Holdings has submitted an unsolicited proposal for a monorail system in Davao.
Manila Water has won the 25-year concession for a Ps1.5bn (US$27.8m) water project in Tanauan City, Batangas.
Lenders to power projects that are 51% owned by a unit of state-owned PLN face new challenges with the financing structure.
Fourteen Indonesian state-owned enterprises (SOEs) signed 19 cooperation agreements last week involving infrastructure projects worth US$13.5bn.
Nusantara Infrastruktur, via its energy arm Energi Infranusantara (EI), is planning to develop a biomass power plant in North Kalimantan.
State utility PLN is believed to be considering rebidding the development of the 70MW Tanah Laut wind farm.
Indonesia’s Ministry of Energy & Mineral Resources is allowing industries to use rooftop solar panels in a move intended to increase renewable energy contributions to the national energy mix.
Continental Energy of Canada has appointed Buck Hill Capital Partners as transaction and financial adviser for the development of the small-scale Maloy refinery project.
The Indonesian government is requesting an update from Inpex Corp of Japan on the development of the Masela block.
Three toll road projects, facilitated by the Center for Private Investment at the National Development Planning Agency (Bappenas), were signed last week on the sidelines of 2018 International Monetary Fund and World Bank Annual Meetings in Bali.
The private sector may be invited to become involved in the proposed expansion of airports in the country to ease the financing burden on the government.