Was it truly worth Chinese Premier Li Keqiang traveling all the way to Phnom Penh for the second Mekong-Lancang Cooperation (MLC) summit? As the MLC leaders’ meeting closed on Wednesday, there appeared few new or positive developments on how the regional body would respond to the many environmental and other issues affecting the Mekong River, known in China as the Lancang. Li said an agreed new five-year ac ...

Sri Lanka’s LVL Energy Fund will invest in South Asia and Africa due to limited growth potential in the island due to the lack of stable policy and transparent energy pricing. LVL Energy Fund raised Rs1.2 billion with a public offering of a 20.6% stake in the company in December 2017. A share was priced at Rs10, which was 2.04 times net asset value as at end March 2017. The share traded on the Colombo Stock ...

KATHMANDU — President Bidya Devi Bhandari has urged the government and the private sector to increase investment in hydropower sector as it is the basis of economic prosperity of the country. Inaugurating the ‘Himalayan Hydro Expo-2018′ organised by Independent Power Producers’ Association Nepal (IPPAN) here today, President Bhandari drew the attention of stakeholders to increase the investment finding out ...

The International Hydropower Association (IHA) has launched a new online resource for hydropower developers, researchers and operating companies seeking to improve sediment management in reservoirs. The Hydropower Sediment Management Knowledge Hub presents a range of strategies and resources, including 18 case studies from 15 countries in Africa, Asia, Europe, Central and South America and the Pacific. Sedi ...

In May 2017, a number of memoranda of understanding were signed between China and Pakistan to construct several hydropower projects along the Indus River. The projects, known as the North Indus Cascade, include the development of five hydropower projects with a cumulative hydropower generation of 22 thousand megawatts. As a part of its regional investment, China pledged US$50 billion to the North Indus Casc ...

In what observers say is a departure from the previous stance of going slow on hydropower projects, the Uttarakhand government is now pushing hard for faster clearances for 10 hydro power projects in the state. Towards this aim, the state is seeking the intervention of the central government in order to bolster the power generation capacity of the hill state. During a recent visit by Niti Aayog vice-chairma ...

China plans to complete ahead of schedule a USD two billion hydropower project in Pakistan- occupied Kashmir to ease energy crisis in Pakistan. Karot Hydropower Project is being built on Jhelum river on "Build-Own-Operate-Transfer" basis for 30 years. It will be owned by the Chinese company for 30 years, after which ownership will be turned over to the government of Pakistan. Karot Power Company Limited, a ...

Indonesia’s first ocean energy independent power producer, SBS Energi Kelautan (SBSEK), has announced it has completed final investment decision with SBS International Ltd. (SBS) to move forward with the 12 MW, Phase I of the 150-MW Nautilus marine energy project in Lombok, Indonesia. SBS is a privately-owned international marine, subsea and renewable energy project developer based in Aberdeen, Scotland. Th ...

Padaeng Industry Public Co Ltd (PDI) plans to further expand its capacity to generate renewable energy by signing a memorandum of understanding to jointly invest in two hydropower plants in Laos with a total capacity of 114 megawatts. The investment objective is to help PDI acquire solar and hydropower plants in Asia with total capacity up to 200MW within two years. Francis Vanbellen, PDI’s managing directo ...

Alsons Consolidated Resources Inc (ACR) has approved an initial investment of $19.6 million (P1 billion) in its latest $72.7 million (P3.7 billion) renewable energy business ― the 15.1-MW Siguil Hydro Power Corp (SHPC) in the Philippines. Located at the Siguil River basin in Maasim, Saranggani Province, SHPC will be owned and controlled by ACR’s power arm Alsons Renewable Energy Corp (AREC). Construction of ...