The dam's redesign is touted as a fix for widespread environmental concerns, but only the project's financial backers appear convinced. Bhuddhist monks led almsgiving and chanting in the Lao valley, where the dam will soon form a concrete barrier across the mainstream Mekong River. The monks were begging forgiveness from mother nature. Construction of the dam has drawn strong local and international opposit ...

Norwegian Ambassador to Pakistan Cecilie Landsverk has said that Pakistan is on the priority list of Norway with special focus on trade and investment and energy. The ambassador was talking to LCCI President Farooq Iftikhar here at Lahore Chamber of Commerce and Industry. LCCI Senior Vice President Irfan Iqbal Sheikh, Vice President Mian Abuzar Shad, former Presidents Bashir A Baksh, Mian Misbahur Rehman, f ...

SK E&C and KOWEPCO signed a concession agreement for the Xe-Namnoy hydroelectric power project with the Laotian government constructing 410MW hydroelectric power plant as build-operate-transfer (BOT) form in the Mekong River area in Laos. The project groundbreaking in May 2013 and total construction cost will be KRW 750 billion. SK E&C and Korea Western Power Corporation (KOWEPCO) signed a concessio ...

Turkmen President Kurbanguly Berdymukhamedov ordered the creation of a State Commission for construction of desalination plants on the coast of the Caspian Sea, an official Turkmen source said on Wednesday. This structure will improve the provision of Balkan province, western region of the country, with drinking water and water for farmlands. The State Commission has been given order to submit proposals to ...

Private sector financing for the nuclear industry is set to increase. The financial cost of new nuclear power projects is a major factor in planning for a sustainable nuclear future. Traditional providers of capital to the nuclear industry have been governments and Export Credit Agencies (ECAs), with commercial banks and international financial institutions playing a lesser role. However, new trends are eme ...

Bangalore-headquartered Bhoruka Power is among the leading renewable energy companies in India with a total capacity of 150 MW, of which 110 MW is small hydro and the rest, wind. Yesterday, GE, which supplied wind turbines to Bhoruka’s 25.5-MW wind farm in Karnataka, announced the commissioning of the farm. The Rs 180-crore project will generate 62 million units of electricity a year. Bhoruka sells the powe ...

Huadian Power International Co., a Chinese electricity producer, has begun operating four wind farms with a total capacity of 198 MW. Two of the 49.5 MW farms are held by its Hebei Huadian Yuzhou Wind Power Co. unit and two by its Huadian Ningxia Ningdong Wind Power Co. Huadian said it controls installed capacity of 31.7 GW. In October, a large loan was obtained from China Development Bank, and the company ...

Toshiba Corporation today announced that it has resumed manufacturing at the Toshiba Semiconductor Thailand Co., Ltd. (TST) facility in Pathumthani, Thailand, in order to meet healthy demand for discrete products for smart phones and tablet PCs. Production resumed earlier this month and shipments will start today. Production will continue until TST opens its new facility in Purachinburi. TST's facility in t ...

Gamesa India, the Indian arm of the global wind turbine major, intends to take a plunge into the growing Indian solar industry. Gamesa’s Chairman and Managing Director, Ramesh Kymal, told journalists that the company would start doing solar ‘engineering, procurement and construction’ jobs, building solar power plants for others. Gamesa will soon make a formal announcement about its solar foray, Kymal said, ...

Power-One Inc. in Camarillo, which makes solar inverters, power conversion and power management products, said it has allied with solar panel manufacturer and system developer Phono Solar to expand its Asia-Pacific market presence. Under the agreement, Power-One and Phono Solar will jointly develop, market and sell photovoltaic systems worldwide using Power-One inverters and monitoring systems, the company ...