Alstom’s largest hydropower industrial site was inaugurated in Tianjin, China on September 17, 2013 in the presence of Patrick Kron, Chairman and CEO of Alstom, and Jérôme Pécresse, President of Alstom’s Renewable Power Sector. With an investment of €100 million on this new facility, Alstom aims to further tap into China’s increasing hydropower needs and grow its hydropower business throughout the region. T ...

State-owned NHPC Ltd, country's largest hydro power producer, has slashed its capital expenditure plan for the current Five-Year Plan by 31 per cent, as clearances and law-and-order-related issues have affected its projects' progress. The company has lowered the spending target for the Plan period ending in March 2017 from Rs 29,000 crore to Rs 20,000 crore. While the power ministry, NHPC's parent ministry, ...

Perth-based renewable energy company Bombora Wave Power Australia has launched its first round of capital raising, to help fund the next phase of development of its award winning wave energy technology. The company, run by WA brothers Shawn and Glen Ryan, is hoping to raise $4 million towards the next two years of development of its home-grown Wave Energy Converter (WEC) technology, which has so far been ta ...

The Chinese backer of the Myitsone dam project says more than half the funds to construct the multi-billion-dollar project have already been paid to Burma, although the project was suspended last year. Sixty percent of a total $3.6 billion in investment to build the controversial hydropower dam project in Kachin State has been paid, according to Wang Qiyue, director of China Power Investment Corporation (CP ...

Burma Rivers Network welcomes India’s cancellation of Tamanthi Dam, and urges China and Thailand to take similar environmental responsibility. In a statement, the organisation stated: The Burma Rivers Network (BRN) warmly welcomes the Indian government’s recent cancellation of the controversial Tamanthi hydropower dam on the, which was planned for export of electricity to India. BRN urges China and Thailand ...

The work on Baglihar Power Project Stage II is to commence shortly as Jammu and Kashmir government plans an additional generation capacity of 9,000 MW in the state in the next few years. "The foundation stone of stage-II of the (Baglihar) project will be laid shortly. This would be a reiteration of the commitment of the government to bring a turnaround in the state's economy by tapping the huge hydro potent ...

Bhutan is looking at attracting more foreign investments and greater private participation in expanding the country's hydro power sector. "We encourage private sector participation in the hydro power sector. We encourage Foreign Direct Investment (FDI)," Bhutan's Prime Minister Tshering Tobgay said here today, addressing industry chambers - CII, Ficci and Assocham. "For smaller projects, we will be encourag ...

India's OPG Power and Infrastructure is ready to put in $10 million as equity partnership in the Hydroelectric Investment and Development Company Limited (HIDCL), a public investment company of Nepal. The government of Nepal has 80 percent equity in HIDCL and the remaining 20 percent has been set aside for the general public and others. The company is mobilising funds from domestic and international sources ...

The Kunlone hydropower project, a joint venture between the Myanmar government and Chinese Hanergy Holding Company will begin this year. The project will generate 1400 megawatt of electricity. U Sai Htun Yin, the Minister of Electric Power from Shan state said, “We are negotiating with the Chinese company for signing a Joint Venture Agreement. The project will not only support Shan state but also the whole ...

The daily power outages in North Cotabato have gone from bad to worse as the number of daily power interruptions stretched from six to eight hours due to the ongoing rehabilitation of two major power generators in Lanao del Norte and Misamis Oriental. Godofredo Homez, general manager of the Cotabato Electric Cooperative (Cotelco), said the cooperative is now implementing rotating brownouts per feeder in the ...