Tags: hydropower news

Bhutan’s Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism: ADB

Economic growth in Bhutan is forecast to strengthen moderately, buoyed by the industry and services sectors, according to a new Asian Development Bank (ADB) report. The Asian Development Outlook (ADO) 2019, ADB’s flagship annual economic publication, forecasts the economy to grow at 5.7% this year and 6.0% in 2020. This is following the slipping of growth […]

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Cabinet approves investment proposal for Arun-3 Hydro Electric Project

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved investment for Transmission Component of Arun-3 Hydro Electric Project (Nepal portion) for an estimated cost of Rs. 1236.13 crore at June 2017 Price level. The current approval is for Investment approval of 400 kV D/C Diding (In Nepal) – Bathnaha (International […]

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Wave energy device could deliver clean energy to thousands of households

Scientists have developed a wave energy technology that they say could help generate low-cost electricity for thousands of houses. The device costs less than conventional designs, has fewer moving parts, and is made of durable materials, said researchers from the University of Edinburgh in the UK. It is designed to be incorporated into existing ocean […]

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Himachal Pradesh Cabinet decides to allot 780-Mw Kinnaur hydro project to SJVN

The Himachal Pradesh Cabinet has decided to provide 25 per cent subsidy for setting up of private hospitals in rural areas in the state, an official spokesperson said. The Cabinet meeting held here on Monday under the chairmanship of Chief Minister Jai Ram Thakur decided to introduce the ‘Swasthya Mein Sahbhagita Yojna’ to ensure improved […]

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China mulls exit from Nepal’s Seti hydropower project

Citing high resettlement and rehabilitation costs, China is planning to make an exit from 750-megawatt West Seti hydropower project in Nepal, reported the South China Morning Post quoting sources in Kathmandu. A high-level delegation from CWE Investment Corporation, a subsidiary of China Three Gorges Corporation that had undertaken to execute the project in a memorandum […]

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No formal communication on government’s NHPC stake sale: NTPC

NTPC has not received any formal communication yet on government’s reported plans to sell its stake in hydropower producer NHPC to the state-run power utility to meet its disinvestment target for this fiscal year. “Till now there is no formal communication from the government (on the issue),” said Gurdpeep Singh, chairman and managing director, NTPC. […]

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HC stays construction of all hydro power plants in Uttarakhand

The Uttarakhand High Court has ordered a stay on construction of all hydro power plants in the state and directed the district magistrates to identify sites within eight weeks for disposal of debris from every project. The court prohibited waste disposal within 500 metres of rivers, sternly rejecting the state government’s request to reduce the […]

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Watch: PM Modi Dedicates Kishanganga Hydropower Station to the Nation

 Prime Minister Narendra Modi dedicated the Kishanganga Hydropower Station to the nation at a function in Srinagar. He also laid the foundation stone of Pakal Dul Power Project in Jammu & Kashmir and Srinagar Ring Road. 330 MW Kishanganga Hydropower Project, located in Bandipora District of Jammu and Kashmir (J&K) is a run of […]

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GMR Energy inks pact with investor group to sell off hydro power project

GMR Energy Ltd has signed a definitive agreement with a consortium of international investor group for divesting its entire stake in Himtal Hydropower Company Pvt Ltd and its associated transmission company Marsyandgi Transmission Company Pvt Ltd, in Nepal. Sources in GMR Group told PTI that the project is currently under development stage and is expected […]

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