Vietnamese property developer Hoang Anh Gia Lai Group (HAGL) is learnt to have sold its five-star HAGL Plaza Hotel Da Nang to a company run by an Australian Vietnamese for $25 million, according to an industry executive familiar with the development. The transaction was sealed in April, this executive added. The HAGL Plaza Hotel asset, encompassing a 22-storey building and land, was changed into the new bra ...

biggest hydropower project A giant landslide near China’s Three Gorges Dam last night sent six meter waves crashing down on a fleet of fishing boats, leaving five people injured, and killing one. Dozens of residents near the Daning River, where the landslide took place, have been evacuated. The incident is only the latest natural disaster that critics believe the $59 billion mega-dam has caused, twelve year ...

DEHRADUN: Big dams are not the reason for degradation of the environment in Uttarakhand and micro level hydro projects will help the state meet its demand without going against the SC order — this was the conclusion at the Uttarakhand Power Conclave 2015. The power conclave discussed state government's mission of expanding power generation capacity, transmission and distribution network besides providing 24 ...

After three years of delay, the company that bought the Angat power plant in Bulacan said it would finally start the rehabilitation of its 47-year-old hydroelectric dam this month. Rodolfo German, deputy manager of the Angat Hydro Electric Power Plant (Ahepp), a facility now owned by Korea Water Resources Corp. (K-Water) and San Miguel Corp. (SMC), informed members of the Bulacan provincial board on Wednesd ...

Heidenheim, Germany. Last Thursday, Liberian Energy Minister Patrick Sendolo visited the technology group Voith to find out about the company's hydropower offering. In the process, the Minister also learned more about the status of the Mount Coffee modernisation, which is currently Liberia's only hydropower project. “I am delighted to have the opportunity to get my own impression of current activities on th ...

KOMIPO announced on May 5 that it has started construction of the Semangka Hydro Power Plant on Sumatra Island, Indonesia. This is the second development project in Indonesia, following the Wampu Hydroelectric Project in 2011. Indonesia's Semangka Hydroelectric Power Plant Project will have a construction period of two years and seven months from now and be completed in Sept. 2017. The project includes an e ...

Nepal's investment board on Monday cleared China's Three Gorges International Corp to build a long-delayed $1.6 billion new hydropower project, the single biggest foreign investment in the Himalayan country. A Nepal parliamentary panel first approved the project in 2012 but state-owned Three Gorges had been waiting for the investment board's clearance. The project is forecast for completion by 2021-22 and o ...

Tajikistan's Ambassador to Pakistan, Sher Ali S Jononov on Tuesday has said that his country would be able to export 1000 megawatts of clean and cheep hydro-energy to Pakistan by 2018. While addressing a press conference here at a local hotel he said that the work on the project- Central Asia South Asia Electricity Transmission and Trade Project (CASA-1000) is underway and Pakistan would receive 1000 mw hyd ...

Alstom was awarded by the Chinese company Sinohydro a contract worth about €58 million to provide electro-mechanical equipment and technical services for Karuma Hydropower Project, Uganda’s largest electricity plant. This is Alstom’s third contract awarded by Sinohydro after successful cooperation of Bui hydropower project in Ghana and Soubre project in Côte d'lvoire. Alstom will provide six 100MW Francis t ...

As China shifts its focus to curbing carbon emissions, hydropower is becoming central to its alternative energy plan. But while the potential for renewable power generation cannot be ignored, the potential for costly environmental degradation is also high. Water is released from the Three Gorges Dam, a gigantic hydropower project on the Yangtze river, in Yichang, central China's Hubei province, after heavy ...