Latest news with #MuthuChezhian
Yahoo
13-05-2025
- Business
- Yahoo
Transforming Batam: Aslan Energy Capital Unveils Landmark Solar Project for Sustainable Hydrogen Export
BATAM, Indonesia, May 13, 2025 /PRNewswire/ -- Aslan Energy Capital recently successfully hosted a tender clarification workshop in Batam, marking a major milestone in the development of what will become Indonesia's largest solar power project, a 1,200 MWp utility-scale solar plant. The event forms part of the Aslan's ongoing RFQ process and drew overwhelming participation from leading solar developers from across Asia. This landmark solar project will be a cornerstone of Aslan Energy Capital's sustainable hydrogen hub initiative, linking clean power generation directly to green hydrogen production. Strategically located in the Riau Islands, the project supports Indonesia's renewable energy ambitions and establishes Batam as the heart of a new energy hub in Southeast Asia. "This solar project will not only be the largest in Indonesia—it also sets a new benchmark for energy innovation by enabling utility-scale solar to power green hydrogen production for export," said Muthu Chezhian, CEO of Aslan Energy Capital, during his opening address at the workshop. "Indonesia is uniquely positioned to lead the region's transition to clean energy, and this initiative reflects our deep commitment to both environmental restoration and inclusive growth." Importantly, the solar development will incorporate environmental rehabilitation measures by installing part of the solar farm on top soil depleted post-mining lands, transforming degraded areas into productive clean energy assets. The project is expected to generate over 2,000 local jobs in Riau Islands will be accompanied by major social impact programs to uplift surrounding communities. During the workshop, participating bidders received comprehensive briefings on the technical scope, commercial terms, and integration of the solar facility with downstream hydrogen infrastructure. The interactive Q&A sessions enabled open dialogue on permitting, collaboration frameworks, and grid connectivity, reinforcing Aslan's transparent and inclusive development approach. The RFQ process, launched in Q4 2024, received 31 Expressions of Interest (EOIs) from global renewable energy developers. 17 of these were prequalified to advance to the final bidding round, underscoring the high level of global confidence and competition surrounding this initiative. Aslan Energy Capital will continue to engage with shortlisted bidders in the coming months, as the project advances toward execution and helps shape a sustainable and economically vibrant future for Indonesia and the region. View original content to download multimedia: SOURCE Aslan Energy Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Transforming Batam: Aslan Energy Capital Unveils Landmark Solar Project for Sustainable Hydrogen Export
BATAM, Indonesia, May 13, 2025 /PRNewswire/ -- Aslan Energy Capital recently successfully hosted a tender clarification workshop in Batam, marking a major milestone in the development of what will become Indonesia's largest solar power project, a 1,200 MWp utility-scale solar plant. The event forms part of the Aslan's ongoing RFQ process and drew overwhelming participation from leading solar developers from across Asia. This landmark solar project will be a cornerstone of Aslan Energy Capital's sustainable hydrogen hub initiative, linking clean power generation directly to green hydrogen production. Strategically located in the Riau Islands, the project supports Indonesia's renewable energy ambitions and establishes Batam as the heart of a new energy hub in Southeast Asia. "This solar project will not only be the largest in Indonesia—it also sets a new benchmark for energy innovation by enabling utility-scale solar to power green hydrogen production for export," said Muthu Chezhian, CEO of Aslan Energy Capital, during his opening address at the workshop. "Indonesia is uniquely positioned to lead the region's transition to clean energy, and this initiative reflects our deep commitment to both environmental restoration and inclusive growth." Importantly, the solar development will incorporate environmental rehabilitation measures by installing part of the solar farm on top soil depleted post-mining lands, transforming degraded areas into productive clean energy assets. The project is expected to generate over 2,000 local jobs in Riau Islands will be accompanied by major social impact programs to uplift surrounding communities. During the workshop, participating bidders received comprehensive briefings on the technical scope, commercial terms, and integration of the solar facility with downstream hydrogen infrastructure. The interactive Q&A sessions enabled open dialogue on permitting, collaboration frameworks, and grid connectivity, reinforcing Aslan's transparent and inclusive development approach. The RFQ process, launched in Q4 2024, received 31 Expressions of Interest (EOIs) from global renewable energy developers. 17 of these were prequalified to advance to the final bidding round, underscoring the high level of global confidence and competition surrounding this initiative. Aslan Energy Capital will continue to engage with shortlisted bidders in the coming months, as the project advances toward execution and helps shape a sustainable and economically vibrant future for Indonesia and the region. View original content to download multimedia: SOURCE Aslan Energy Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
05-05-2025
- Business
- Zawya
Oman expands LNG portfolio with 15-year supply pact from Mexico
MUSCAT: OQ Trading (OQT), part of Oman's integrated energy group OQ, has signed a 15-year agreement to purchase liquefied natural gas (LNG) from Mexico's Amigo LNG, a subsidiary of Singapore-based LNG Alliance. The deal marks a significant step in OQT's strategy to diversify its LNG supply sources beyond traditional markets in the Middle East and Asia. Under the agreement, OQT will procure 0.6 million tonnes per year (tpy) of LNG on a free-on-board (FOB) basis from Amigo LNG's upcoming export terminal in Guaymas, Sonora, on Mexico's Pacific coast. Shipments are expected to begin in the second quarter of 2028. In a statement, the agreement gives Oman access to a logistically efficient and geopolitically neutral supply route, particularly advantageous for serving growing demand in Asian markets. The location of the Guaymas terminal offers a direct maritime link to Asia, reducing shipping times compared to traditional supply routes. 'This agreement with Amigo LNG is a key milestone in our efforts to build a more diversified and resilient global LNG portfolio,' said Wail al Jamali, CEO of OQ Trading. 'It enhances our ability to deliver flexible, cleaner energy solutions to customers in Asia and beyond.' The Guaymas facility, with a planned nameplate capacity of 7.8 million tpy, is being developed as part of Mexico's national energy strategy—Plan Sonora—and is supported by both the federal government and the Government of Sonora. The project is also aligned with the Mexican Navy's plans to modernize the Port of Guaymas, positioning the terminal as a strategic gateway for LNG exports. Muthu Chezhian, CEO of LNG Alliance, welcomed the deal as a significant boost to Amigo LNG's commercialisation efforts. 'This long-term partnership with a globally trusted player like OQ Trading confirms Mexico's growing role in the global clean energy transition,' he said. The agreement reflects increasing collaboration between the Gulf and Latin America in the energy sector, with both sides seeking to strengthen long-term energy security through strategic partnerships. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Observer
03-05-2025
- Business
- Observer
Oman expands LNG portfolio with 15-year supply pact from Mexico
MUSCAT: OQ Trading (OQT), part of Oman's integrated energy group OQ, has signed a 15-year agreement to purchase liquefied natural gas (LNG) from Mexico's Amigo LNG, a subsidiary of Singapore-based LNG Alliance. The deal marks a significant step in OQT's strategy to diversify its LNG supply sources beyond traditional markets in the Middle East and Asia. Under the agreement, OQT will procure 0.6 million tonnes per year (tpy) of LNG on a free-on-board (FOB) basis from Amigo LNG's upcoming export terminal in Guaymas, Sonora, on Mexico's Pacific coast. Shipments are expected to begin in the second quarter of 2028. In a statement, the agreement gives Oman access to a logistically efficient and geopolitically neutral supply route, particularly advantageous for serving growing demand in Asian markets. The location of the Guaymas terminal offers a direct maritime link to Asia, reducing shipping times compared to traditional supply routes. 'This agreement with Amigo LNG is a key milestone in our efforts to build a more diversified and resilient global LNG portfolio,' said Wail al Jamali, CEO of OQ Trading. 'It enhances our ability to deliver flexible, cleaner energy solutions to customers in Asia and beyond.' The Guaymas facility, with a planned nameplate capacity of 7.8 million tpy, is being developed as part of Mexico's national energy strategy—Plan Sonora—and is supported by both the federal government and the Government of Sonora. The project is also aligned with the Mexican Navy's plans to modernize the Port of Guaymas, positioning the terminal as a strategic gateway for LNG exports. Muthu Chezhian, CEO of LNG Alliance, welcomed the deal as a significant boost to Amigo LNG's commercialisation efforts. 'This long-term partnership with a globally trusted player like OQ Trading confirms Mexico's growing role in the global clean energy transition,' he said. The agreement reflects increasing collaboration between the Gulf and Latin America in the energy sector, with both sides seeking to strengthen long-term energy security through strategic partnerships.
