Energy Innovations and Sustainability in the Asia-Pacific Region

This edition of the Industry-Asia Pacific Newsletter highlights groundbreaking developments across the energy and mobility sectors in the Asia-Pacific region. Tata Power and Bhutan's Druk Green Power Corporation are collaborating on an ambitious project to secure sustainable and round-the-clock energy supply for Bhutan and India. Egis and SICE ANZ's partnership promises to transform transport infrastructure in Australia and New Zealand, paving the way for a more connected and sustainable future. Meanwhile, Sulzer is driving innovation in aviation with advanced technologies enabling the production of Sustainable Aviation Fuel in China, cutting emissions by up to 80%.

Explore these exciting advancements and their potential to shape the region's future.

TATA POWER AND BHUTAN'S DRUK GREEN POWER CORPORATION FORGE PARTNERSHIP

In a landmark move to strengthen Regional energy security and support the clean energy transition, Tata Power Company Ltd (Tata Power), one of India’s largest integrated power companies, has entered into a strategic partnership with Druk Green Power Corporation Ltd (DGPC), a subsidiary of Druk Holding and Investments Limited, sole generation utility of Bhutan, to collaborate and develop at least 5,000 MW of clean energy generation capacity in Bhutan.

This is in keeping with Bhutan’s vision for its energy sector which is to take its overall generation capacity to 25,000 MW by 2040 for its energy security and regional energy integration. Bhutan plans to achieve this target through diversification in its energy portfolio beyond traditional hydropower, which would include solar and geothermal energy. This will extend to diversifying project structuring and financing through such strategic partnerships.

With the support of the Royal Government of Bhutan and the Government of India, this marks the largest partnership between two of the leading power companies of the two nations in Asia's clean energy sector. Both companies have a stellar track record in the energy sector and a long-standing relationship having worked together for over 15 years.

Through the collaboration, at least 5,000 MW of renewable energy projects; including 4,500 MW of hydropower comprising the 1,125 MW Dorjilung HEP; 740 MW Gongri Reservoir; 1,800 MW Jeri Pumped Storage; and 364 MW Chamkharchhu IV will be developed in phases together. Another 500 MW of Solar projects will be developed by Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power.

www.tatapower.com

EGIS IN ANZ AND SICE ANZ PARTNER TO TRANSFORM THE FUTURE OF MOBILITY

SICE has been an international benchmark for over a century. Their expertise spans Intelligent Transport Systems (ITS), tunnels, mobility and smart city services, tolling, water management, security, and civil engineering.

This strategic partnership will allow Egis and SICE to combine their extensive experience and resources to drive the delivery of landmark projects across New Zealand. Together, they aim to introduce innovative, efficient and sustainable transport solutions that transform infrastructure and positively impact the daily lives of communities.

The agreement was formally signed last Friday by Laurent Germain, Egis Group CEO, Alex Yee, Egis in ANZ CEO, Yosu Zubizarreta, SICE Australia General Manager and Adnan Meher, SICE ANZ Legal and Commercial Manager. Tommy Parker, Advisory and Operations Executive Director at Egis in ANZ, said: “This partnership creates exciting opportunities for us to expand our capabilities and deliver transformational projects across New Zealand. Working with SICE will enable us to deliver new, advanced solutions to better meet the needs of New Zealand clients, benefiting communities and improving transport systems." Yosu Zubizarreta, General Manager at SICE ANZ adds: “Leveraging in our complementary skillsets and common vision we aspire to drive innovation in the way we service our customers.

This agreement cements our strong relationship allowing us to further invest our resources in finding new ways to streamline the delivery of end-to-end and innovative solutions.”

www.egis-group.com