Tags: hydro electric

Wage hike demand makes Indsil Hydro Power declare lockout at Palakkad unit

Indsil Hydro Power and Manganese Ltd on Monday said it has declared lockout at its Palakkad factory in Kerala after workers demanded a wage increase. “Due to an unreasonable pre-condition of a demand for wage increase and consequent refusal to attend to work by the workforce at its factory at Palakkad post the COVID-19 lockdown, […]

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Tata Power starts commercial operations of 178 MW hydro power project in Georgia

Adjaristsqali Georgia LLC, a Joint Venture between Tata Power, Norway’s Clean Energy Invest (CEI), and International Financial Corporation (IFC) announced the start of commercial operation of the 178 MW Shuakhevi Hydro Power Project (HPP) located in southwest Georgia. Further, AGL will be soon commissioning  the 9 MW Skhalta Hydro Power project which is also a […]

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Financial closure of 900 MW Arun-III hydro power project in Nepal achieved

The financial closure of the 900 MW Arun-III hydro power project in Nepal was achieved on Thursday, the executing company said here. The total debt tied up with banks is Rs 6,333.48 crore that includes Rs 1420.86 crore stand-by line of credit, if required, the Satluj Jal Vidyut Nigam Ltd (SJVNL) said. The debt portion […]

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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 […]

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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 […]

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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 […]

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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 […]

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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, […]

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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 […]

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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 […]

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