Nepal’s new communist prime minister will restart a Chinese-led US$2.5 billion hydropower project that was pulled by the previous government considered friendly towards India, and wants to increase infrastructure connectivity with Beijing to ease the country’s reliance on New Delhi. He also wants to “update” relations with India “in keeping with the times” and favours a review of all special provisions of I ...

Nepali President Bidya Devi Bhandari on Saturday urged domestic and foreign investors to inject their capital in his country's hydropower to cash in on the immense opportunity provided by soaring demands of electricity in South Asian region. "In Nepal and South Asia where rapid development is expected, demand for electricity is soaring. Hence, I reckon there is a good opportunity to invest in Nepal's hydrop ...

Voith signs contract for Henan Tianchi pumped storage plant He Nan Province, China: In December 2017, Henan Tianchi Pumped Storage Co., Ltd. (Tianchi PSP) and Voith Hydro Shanghai Co., Ltd. (VHS) signed a contract to purchase equipment at the Henan Tianchi pumped storage plant site. Voith will supply four 300 MW Francis reversible pump turbines and generators and also auxiliary equipment. The power plant wi ...

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 ...