ADB to fund hydropower project in Himachal Himachal Pradesh will soon get another tranche of a multimillion-dollar loan from the Asian Development Bank (ADB) for the construction of a hydropower project, a minister said here Tuesday. "ADB has agreed in principle to finance the 48 MW Surgani Sundla hydro-electric project in Chamba district," Power Minister Sujan Singh Pathania told reporters here. The state- ...

The loan provided under the Asia-Pacific Disaster Response Facility will help Samoa rebuild hydropower plants, thereby reducing the country's reliance on fossil fuels Samoa will reduce its reliance on fossil fuels and improve its energy sector's resilience to future natural disasters with a 23.8 million project funded by the Asian Development Bank (ADB) to rehabilitate three small hydropower plants on Upolu ...

China is expected to build more renewable power plants through 2035 than the U.S., European Union and Japan combined, according to the International Energy Agency. The share of energy sources including hydropower, biomass, wind and solar in world electricity supply will rise above 30 percent in that period, “drawing ahead of natural gas in the next few years and all but reaching coal as the leading fuel for ...

A joint venture led by China’s Guangxi Hydroelectric Construction Bureau posted the lowest bid for the upgrade of two generating units of Philippine government-owned Agus hydroelectric power complex. The joint venture of Guanxi Hydroelectric and ITP Construction Inc was named the lowest bidder in the auction held by state-run Power Sector Assets and Liabilities Management Corp (Psalm) for the uprating of Un ...

With the construction of India's largest dam - the 2000MW Lower Subansiri project in Arunachal Pradesh coming virtually to a standstill - the National Hydroelectric Power Corporation Limited (NHPC) has sought to resume work at the site by reassuring people that the public sector unit has put best engineering practices in place to ensure safety of the project. Work at the project site in Gerukamukh, close to ...

Pan Global Corp, a firm listed on the OTC exchange in the US, has entered into a stock purchase agreement with Regency Yamuna Energy Ltd (RYEL) to buy the outstanding shares and convertible debt of RYEL which is commissioning a 5.7 MW small-hydro project in northern India. The acquisition, to be completed in multiple tranches, will involve a total investment of around Rs 41 crore ($6.6 million). As part of ...

The state-owned hydropower company NHPC Ltd has decided to also focus on developing thermal power plants in India in a move that will put it in direct competition with another state-owned company, NTPC Ltd. The main reason would seem to be the long-gestation period of hydropower projects as well as delays in clearances. With projects that will generate 3,808.5 megawatts (MW) delayed due to issues such as di ...

Hundreds of Malaysian tribespeople blockaded the construction site of a new dam on Thursday that is set to force them from their homes in Sarawak on the island of Borneo, activists said. The Baram dam is the latest in a series of controversial hydroelectric mega-dams planned by the Sarawak government as it pushes economic development in one of Malaysia’s poorest states. Indigenous Kenyah, Kayan and Penan pe ...

Himdhara, an environmental research and action group, released a report on Saturday questioning feasibility of the proposed 66MW Dhaulasidh hydroelectric project to be constructed on the Beas river. Titled "Big Costs, Little Gain", the report critiques the project on the ground that the environmental, socio-economic and financial costs of the project far outweigh the benefits and that this project needs to ...

The 100 MW Sainj hydroelectric project being constructed by the state-run Himachal Pradesh Power Corporation Limited (HPPCL) in Kullu district is likely to be commissioned by August 2015, an official said in Shimla on Saturday. The Rs. 800-crore hydro project, funded by the Asian Development Bank, will generate 322 MU per annum. The state is expected to earn revenue of Rs. 150 crore by selling electricity f ...