Govt. to invest 4 lakh crore to meet renewable energy target: R K Singh

The power and renewable energy minister R K Singh recently said that government has estimated an investment of about Rs 4 lakh crore over the course of next three years to meet renewable energy target. The minister answering a question in Rajya Sabha said “A cumulative renewable energy capacity of 83.38 GW has already been […]

Read more

Hydropower industry and financiers to bring international best practices on sustainability to Nepal

The Nepal Bankers’ Association and the Independent Power Producers’ Assocation Nepal (IPPAN) made a public declaration to jointly promote environmental and social standards for the hydro power industry. This is an important step to raise the Environmental and Social (E&S) awareness and practices that are applied to the development of hydro power projects on a […]

Read more

Nepal holds power summit with focus on regional connectivity

A two-day summit on power began here on Thursday with an aim to serve as a platform for regional cooperation on hydropower generation and electricity trade. Inaugurating the International Power Summit 2019, Nepalese Energy Minister Barshaman Pun said, Nepal has set a target of generating 15,000 hydropower within the next decade not only for domestic […]

Read more

SJVNL signs pact for 430 MW hydro project in Himachal

Satluj Jal Vidyut Nigam Ltd (SJVNL) on Wednesday signed a pact with Himachal Pradesh for commissioning the 430 megawatt (MW) Reoli Dugli Hydro Electric Project on the Chenab river basin. The pact was signed in the run-up to two-day Rising Himachal Global Investors’ Meet in Dharamsala, which is beginning on Thursday. Earlier, the SJVNL had […]

Read more

ADB signs USD 60 million deal with NWEDC to build hydropower plant in Nepal

The Asian Development Bank (ADB) has signed a 60 million dollar financing package with Nepal Water and Energy Development Company (NWEDC) to help build and operate a 216-megawatt run-of-the-river hydropower plant on the Trishuli River near the capital Kathmandu. The project is one of the largest private sector investments in Nepal to date. It will […]

Read more

Himachal CM lays stone for 240 MW Kuthed Hydro Electric Project

Chamba, Himachal Pradesh Chief Minister Jai Ram Thakur on Tuesday inaugurated and laid foundation stones for developmental projects of Rs 209 crore in Bharmour and Pangi areas of Chamba district. He laid the foundation stone for 240 MW Kuthed Hydro Electric Project to be constructed at a cost of Rs 2,750 crore. He also laid […]

Read more

Renewables overtake hydrocarbons in UK electricity generation: study

Renewable sources generated more of Britain’s electricity than fossil fuels for the first time last quarter, according to analysis by specialist website “Carbon Brief” published Monday. “In the third quarter of 2019, the UK’s windfarms, solar panels, biomass and hydro plants generated more electricity than the combined output from power stations fired by coal, oil […]

Read more

NHPC takes over Lanco Teesta Hydro Power Limited

State-run hydro power giant NHPC on Wednesday said it has completed formalities for taking over 500 MW Teesta VI hydro power project, which it has bagged under corporate insolvency resolution process. NHPC had last week signed a definitive agreement for implementation of approved resolution plan for takeover and resolution of Lanco Teesta Hydro Power Ltd, […]

Read more

NHPC signs agreement to acquire 500 MW Teesta VI hydro project

NHPC on Friday signed an agreement to acquire 500 MW Teesta VI hydro power project, which it bagged under corporate insolvency resolution process. It would supply power at a levelised tariff of Rs 4.07 per unit and would be completed in next five years, NHPC Chairman and MD Balraj Joshi said at a press conference […]

Read more

Andhra Pradesh saved Rs 780 crore through re-tendering of Polavaram project

The Andhra Pradesh government on Monday claimed that it saved Rs 780 crore public money through re-tendering of Polavaram project work. After cancelling the contract awarded by previous Telugu Desam Party (TDP), the new government headed by Y.S. Jagan Mohan Reddy had earlier this month called fresh tenders for hydel power plant and main concrete […]

Read more