ISLAMABAD-Despite getting huge loans from different sources, government’s thirst for taking loans is yet to be quenched as it is all set to receive above two billion dollars from World Bank and Asian Development Bank in next couple of months. The World Bank would provide $1.74 billion loan next month (May) and Asian Development Bank (ADB) would give $500-600 million in next two months (May and June). The PM ...

he World Bank Group’s Board of Directors approved today US$ 526.5 million in grant and credit financing for the Central Asia South Asia Electricity Transmission and Trade Project (CASA-1000) for four countries: Afghanistan, Kyrgyz Republic, Pakistan, and Tajikistan. This transmission infrastructure project will put in place the commercial and institutional arrangements as well as the infrastructure required ...

EVN told the Daily about this forest replanting plan as it began forest development at the Son La hydropower plant site last Saturday. Replanting forests is under way at Song Hinh, Quang Tri, A Vuong, Song Ba Ha and Song Bung 4 hydropower plants, among others. At the Son La project alone, the total forest area to be replanted is 300 hectares and EVN is planting trees there to offset the area that has been l ...

RusHydro International AG, a subsidiary of JSC RusHydro , has won a contract from NEEPCO (India) to design the 3750MW capacity second phase of the Upper Siang hydropower project - one of the largest hydroelectric plants in Asia and the largest in India. RusHydro International India, a Russian-Indian joint-venture, will act as operator of the project. The surveying and design work on the project will take up ...

HEIDENHEIM/St. PÖLTEN. Voith will extensively modernize the electro- mechanical equipment of the Serbian hydropower plant Zvornik, situated on the River Drina. Voith is replacing four generators and four Kaplan tur- bines, as well as the automation systems and the mechanical and electri- cal ancillary equipment. The contract signed with the customer in autumn 2013 is now coming into effect. The order volume ...

The European Investment Bank (EIB) is providing a 100m long-term loan to Pakistan to finance the construction of the 128MW Keyal Khwar Hydropower project.KWF would offer financial support for the project, a statement from the EIB said, The Technology Times Reported.Alvarez, who is in charge of the EIB’s operations in Asia, said, “The  EIB is committed to support the investment in renewable energy and helpin ...

The South Asia Network on Dams Rivers and People (SANDRP), a non government organization, has revealed that environmental studies related to the proposed Kalai II hydropower project are not in compliance with terms of reference.   The developer and the consultant, Water and Power Consultancy Services (WAPCOS), have already filed the environmental impact assessment-environment management plan (EIA-EMP) ...

Stretching east to west over 2,000km and comprising over 60,000 sq kms of ice, the Hindu Kush-Karakoram-Himalayan glaciers are a source of water for the quarter of humanity that lives in South Asia. Glaciers are natural reservoirs and regulators of water for rivers for domestic and industrial consumption, and for irrigation and hydroelectric dams. Glaciers are melting faster in the Himalayas than anywhere e ...

The two plants Pusaka I and III will be installed in the province of West Java and have a capacity of 8,8 MW and 3 MW. The contracts have been awarded by PT Pembangkitan Pusaka Parahiangan, a subsidiary of the Indonesian energy producer PT Medco Power.

Voith will deliver the complete electromechanical equipment including the four turbines and generators, the automation systems as well as other balance-of-p ...

The private sector lending arm of the World Bank says it has teamed up with business groups to ensure that hydropower projects are developed and operated in a sustainable way in Laos, which has come under fire from green groups for building dams with little regard for the environment.

Under the new partnership, and over the course of the next year, the International Finance Corporation (IFC) and the Lao Na ...