Page 13 - AsiaElecl Week 37
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AsiaElec                                    NEWS IN BRIEF                                           AsiaElec




       POLICY                              funds are administered by the ADB.   liquefied natural gas (LNG) as part of a project
                                              “The Grid Reinforcement Project, along   to generate cleaner electricity for Esperance.
       MedcoEnergi announces               with ADB’s ongoing assistance to Cambodia   EVOL LNG is a Western Australian business
                                           in power system planning, shows that
                                                                                and one of the nation’s leading providers of
       strategic alliance with             adequate, reliable, and environmentally   LNG for remote power generation and marine
                                           sustainable power supply can be provided
                                                                                transport. The business has been safely and
       Kansai Electric Power               at a reasonable cost to support equitable   reliably supplying remote power stations
                                           development,” says ADB country director
                                                                                throughout Western Australia for more than
       Company                             for Cambodia Sunniya Durrani-Jamal. “The   12 years.
                                                                                The supply agreement with regional electricity
                                           battery energy storage system will showcase
       Medco Energi Internasional announces the   how large-scale deployment of innovative   supplier, Horizon Power, forms part of the
       signing of a strategic alliance between its   technology applications can be used to   Esperance Power Project aimed at reducing
       wholly owned-subsidiary, Medco Power   operate Cambodia’s grid in the future and   the town’s carbon footprint and emissions by
       Indonesia and Kansai Electric Power.  generate more renewable power.”    50%. The project involvesthe construction of
         Under the alliance, Medco Power and   The government has set energy sector   a new power station fuelled by LNG as well as
       Kansai Electric will form a new venture,   development as a national priority, as a more   other clean energy infrastructure, including a
       bringing together Kansai Electric’s global   robust electricity supply will boost economic   9MW wind farm nd a 4MW solar farm.
       technical expertise with Medco Power’s   productivity and quality of life. While   EVOL LNG Manager Nick Rea said the
       experience in developing and operating   Cambodia has made significant progress in   project demonstrates the role of LNG in
       power plants in Indonesia, to provide superior   expanding lower-cost power generation in   complementing high-penetration renewables.
       Gas-fired Independent Power Producer (Gas   the past 15 years, its existing transmission   “The key advantage of EVOL LNG’s
       IPP) and Operation and Maintenance (O&M)   infrastructure is reaching capacity and needs   solution is its ability to work harmoniously
       services.                           to be expanded and reinforced to avoid supply   and cost-effectively with variable wind and
         Roberto Lorato, the CEO of MedcoEnergi,   interruptions.               solar generation.
       expressed his satisfaction and said that “this                             “We are very proud to contribute to this
       collaboration between Medco Power and                                    exciting project and support both Horizon
       Kansai Electric will unlock our potential to                             Power and the Esperance community to
       grow in the Power sector in Indonesia in line   GAS-FIRED GENERATION     produce reliable, low-emissions power,” said
       with the Company’s strategy to become a                                  Nick.
       leading Energy sector player”.      Delta Offshore Energy                  LNG will be transported from a production
         Eka Satria, the President Director of                                  facility located in Kwinana, owned by EVOL
       Medco Power mentioned that “the alliance   launches RFP for 25-year      LNG parent company, Kleenheat, and stored
       with Kansai Electric will strengthen Medco’s                             in a custom-built storage and vaporisation
       capabilities and allow us to continue   LNG agreement                    facility that can hold enough LNG to power
       developing our Gas IPP and O&M business                                  the town for 25 days. LNG is natural gas, the
       in Indonesia, through the application of   Delta Offshore Energy launches Request   same that is piped into residential homes to
       advanced technology and best international   for Proposal (RFP), first one of its kind for   power stoves or gas heaters.
       practices”.                         Vietnam, for 25 years gas sales agreement.  EVOL LNG
       MEDCOENERGI                            Delta Offshore Energy RFP the Tender
                                           is for delivery of 2.5-3.0 MTPA (million
                                           tonnes per annum) Cargoes over a 25 year   COAL
       GRID                                period, on a delivery ex-ship (DES) or freight
                                           on board (FOB) basis to the offshore LNG   India’s thermal coal imports
       ADB approves US$127.8               (liquid natural gas) regas facility in Bac Lieu   down 42%
                                           Province.
       million loan for Cambodian          Energy’s 3.2-GW LNG to Power project   India’s imports of thermal coal fell by 41.5%
                                              It is worth stating that Delta Offshore
       power project                       is fully approved by the Vietnamese   to 32.9 million tonnes during the quarter
                                           Government with the inclusion in the national  ended June 30, government data showed,
       The Asian Development Bank (ADB) has   Power Development Plan revision 7 and   as coronavirus lockdowns battered power
       approved a US$127.8 million loan to support   the issuance of the investment registration   demand, Reuters reported.
       the construction of transmission lines and   certificate in January 2020.  India’s electricity demand is expected to
       substations to help provide Phnom Penh   The bidding will open from the 9th of   fall for the first time in four decades in the
       and three other Cambodian provinces with a   September, 2020. Bidding closing on the 27th   ongoing fiscal year, which ends in March
       reliable electricity supply.        of September, 2020.                  2021.
         The ADB said on September 11 that the   DELTA OFFSHORE ENERGY            Imports by utilities, which account for over
       project will also pilot the first utility scale                          three-fourths of India’s coal use, fell 41%, the
       battery energy storage system in Cambodia,   EVOL LNG to supply LNG      government data showed, as coal’s share in
       which will be funded by a US$6.7 million                                 overall power generation dropped to as low as
       grant. The amount includes US$4.7 million   to new low-emission          60% during the quarter, compared with 2019
       from the Strategic Climate Fund under the                                average of nearly 70%.
       Scaling Up Renewable Energy Programme   Esperance power station            Thermal coal imports by the “non-
       in Low-Income Countries, and US$2 million                                regulated” sector, which includes cement
       from the Clean Energy Fund under the Clean   EVOL LNG is pleased to announce that it has   producers and the metals industry fell 41.7%,
       Energy Financing Partnership Facility. Both   been selected to be the long-term supplier of   the coal ministry data showed.



       Week 37   16•September•2020              www. NEWSBASE .com                                             P13
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