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Wednesday, 19 February 2020

RFP for Yangon expressway out

PFI Issue 666 - February 12, 2020

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.

New date set for Malaya bidding

PFI Issue 666 - February 12, 2020

Power Sector Assets & Liabilities Management (PSALM) has published its latest invitation to bid for the 650MW Malaya thermal power plant in Rizal province.

Sembcorp wins Tengeh floating solar

PFI Issue 666 - February 12, 2020

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 seeks new loan

PFI Issue 666 - February 12, 2020

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 injects funds in Sunseap

PFI Issue 666 - February 12, 2020

Temasek Holdings and Asia-focused private equity fund ABC World Asia have jointly injected S$50m (US$36.8m) into Sunseap Group.

Japanese Shinkansen mulled for HSR

PFI Issue 666 - February 12, 2020

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.

IP seeks solar partners

PFI Issue 666 - February 12, 2020

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.

Hyflux gets further one-month extension

PFI Issue 666 - February 12, 2020

Singapore’s high court recently granted water treatment company Hyflux a one-month extension to its debt moratorium until February 28.

Govt pushes for Long Thanh Airport study

PFI Issue 666 - February 12, 2020

The Vietnamese government is pushing for completion of the feasibility study on the first development phase of the proposed Long Thanh international Airport.

Banks win gas-to-power mandate

PFI Issue 666 - February 12, 2020

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 keen on floating solar

PFI Issue 666 - February 12, 2020

ACWA Power is understood to be keen to develop floating solar projects on major dams in Indonesia.

Govt approves 10 infra projects worth US$15bn

PFI Issue 666 - February 12, 2020

The board of the National Economic & Development Authority (NEDA) has approved 10 infrastructure projects that require investment of Ps765.36bn (US$15bn).

ERC approves GNPK IPP transmission

PFI Issue 666 - February 12, 2020

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).

VPower partners with Chinese co

PFI Issue 666 - February 12, 2020

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.

Manila Water gets a new shareholder

PFI Issue 666 - February 12, 2020

Businessman Enrique Razon has acquired a 25% stake in Manila Water, a subsidiary of Ayala Corp.

Two firms keen to join Araneta’s 800MW hydro

PFI Issue 666 - February 12, 2020

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.

Local firm mulls six WtE projects

PFI Issue 666 - February 12, 2020

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.

Govt rejects MPIC’s offer to take over MRT-3

PFI Issue 666 - February 12, 2020

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.

Seven pre-qualified for Batam Airport PPP

PFI Issue 666 - February 12, 2020

Seven bidders have been pre-qualified for the Batam Hang Nadim Airport expansion project and of these, three are consortia.