POWER-GEN Asia `95 is coming to the Singapore International Convention and Exhibition Center on Sept. 27-29, 1995. One highlight of this year`s event will be the launch of Singapore Power, the company that will take over the electricity and gas operations of Singapore`s Public Utilities Board (PUB), a state-owned utility that is to be privatized soon.
The Japanese government`s new measures to deregulate the country`s electric power industry will not impair the creditworthiness of the electric utilities, according to Moody`s Investors Service. The rating agency assigns high investment grade ratings to Japan`s nine electric utilities based on their importance to the country`s economy and a favorable operating environment.
Although Asia has a need to add 700 GW of new capacity by the year 2010, the big question that remains is who will provide the financing
The China International Business Inves-tigation Company Ltd. is now open in Hong Kong to serve overseas businesses working to enter China`s market. Services include investigative reports on business nature, history, background, management and court records, operations, financial status, import and export rights, investment and marketing analyses, sales and purchasing.
Middle East & Africa
The Moroccan government has selected a consortium of CMS Generation and ABB Energy Ventures to negotiate a definitive agreement for the privatization and expansion of the Jorf Lasfar power plant, located southwest of Casablanca in Morocco. CMS and ABB, both based in the United States, will each hold a 50 percent interest in the consortium.
Cleaning up the environment is a major reason that Europe`s electric generating companies are installing scrubbers, low-NOx burners and AFBC