Lanco chief says Asia is 'power starved'

Asia is not a power-hungry region – it is one that is power-starved, according to the head of a Singapore energy firm.

Arun SenArun Sen, (pictured) chief executive of Lanco Power International, told a panel discussion at POWER-GEN Asia that “power hungry is a misnomer. This region is suffering power starvation: one makes you unhappy but the other kills you”.

He said the rising middle classes of Asia “have risen and they have said, ‘we want power and we want it now’.”

And this, he added, means “there has never been a better time to be a power developer in the region”.

If companies “do it conservatively and do it well” he said, they would never be out of business.

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