Tags: hydropower news

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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Montenegro’s Perucica hydropower plant to reconnect to grid on Sept 1

Montenegro’s 307 megawatt (MW) Perucica hydropower plant will reconnect to the grid on Sept. 1 after completing an overhaul which began on July 29, its operator power utility Elektroprivreda Crne Gore (EPCG) said on Monday. The overhaul of EPCG’s oldest hydropower plant is aimed at extending its lifespan and boosting output and reliability. EPCG operates […]

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NHPC to resume construction on Lower Subansiri project

State-owned NHPC is likely to resume construction work on the 2,000 MW Lower Subansiri Hydro Power Project in Arunachal Pradesh after the rainy season is over. This became evident after the Assam government and NHPC Limited on Friday signed a Memorandum of Agreement (MoA) for implementation of the project. Niraj Verma, Principal Secretary (Power) signed […]

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Modi to inaugurate 720 MW hydro project in Bhutan visit

Further strengthening the close bond with “trusted friend and neighbour” Bhutan during his two-day visit next week, Prime Minister Narendra Modi will inaugurate the 720 MW Mangdechhu hydropower project and also focus on boosting educational linkages between the youth of the two countries. Around four-five agreements are set to be inked between the two nations […]

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MNRE holds ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector

Ministry of New & Renewable Energy (MNRE) held a ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector on Tuesday. The ‘Chintan Baithak’ (meet) was chaired by Secretary, MNRE, Anand Kumar and saw good participation from Renewable Energy (RE) sector including the representatives of major RE developers, equipment manufacturers, financers, regulators, think-tanks, industry bodies and […]

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India and Bhutan finalizes Mangdecchu hydro project’s power tariff protocol

India and Bhutan has finally signed tariff protocol for the output of 720 MW Mangdechhu hydro project. The Protocol was signed between both the countries on 23rd April, 2019 by Dasho Yeshi Wangdi, Secretary, Ministry of Economic Affairs, RGoB and Ajay Kumar Bhalla, Secretary, Ministry of Power, GoI. Prior to this protocol finalization, basic tariff […]

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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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