The Korean Water Resources Corporation (K-Water) and the Filipino conglomerate San Miguel Corporation (SMC) have announced a joint venture for the development and operation of the 246-MW Angat hydropower project, according to documents filed with the Philippine Stock Exchange. SMC -- one of southeast Asia's largest food, beverage and packaging companies -- has expanded into energy and infrastructure markets ...

Government of Germany has committed a financial assistance of 201.50 million euros (Rs 1,630 crore) for Thana Plaun Project of Himachal Pradesh under "Himalaya Hydropower Program".  Of this amount, 200 million euros (Rs 1,618 crore) will be by way of reduced interest loan and the balance 1.5 million euros (Rs 12 crore) will be by way of grant for carrying out further technical studies of the Project. The de ...

International company working in power sector, the Galaxy Consortium will invest $2 billion to develop hydro power projects up to 1000 MW in all in various locations of Khyber Pakhtunkhwa. A Memorandum of Understanding (MOU) to this effect was signed between the Khyber Pakhtunkhwa government and the Galaxy Consortium in a ceremony held at Chief Minister Secretariat Peshawar on Friday. Secretary Energy and P ...

India's state-owned hydropower developer NHPC Ltd. seeks proposals to form joint ventures with independent power producers who have been allocated prospective hydropower projects by Indian states. Documents may be obtained until August 26, with responses due October 14. NHPC has extensive experience developing large hydropower projects on its own and with state-owned developers. Its recent activity includes ...

Jindal Power, a subsidiary of Jindal Steel & Power Ltd, may explore the possibility of setting up hydro power plants in Tajikstan. “Tajikstan has invited us to look at their hydro potential,” Jayant Kawale, Managing Director (Hydro & Renewables), stated after a meeting with an official from the Central Asian country. Jindal Power is currently executing three hydro power projects in the Northeastern ...

Korea Hydro and Nuclear Company, the contractor of electro-mechanical and hydro-mechanical works as well as the construction of transmission lines of the 30 MW Chameliya Hydropower Project, has warned the Nepal Electricity Authority that it would walk out on the contract unless it is compensated for delay in civil works. Civil works precede the electro-mechanic and hydro mechanical works and Chinese contrac ...

GE Energy Financial Services India has invested Rs 257 crore in the Sikkim hydro-power project developed by the energy initiative of the express and logistics company Gati Limited. The investment was made through a share subscription agreement. Gati Infrastructure Private Limited, the energy initiative of Mahendra Agarwal, Founder and CEO of Gati Limited, has developed the 110 megawatt Chuzachen hydro-elect ...

To meet the ever-increasing demand for power due to changing lifestyle and increased usage of electrical appliances, the Andhra Pradesh government is contemplating achieving additional hydro capacity of 410 Mw by 2014-15 with the construction and commissioning of more units at Nagarjuna Sagar, Pulichintala and Jurala. At present, the state has the largest hydel capacity in the country with 3,829 Mw. While t ...

State utility company Perusahaan Listrik Negara on Thursday signed a memorandum of understanding with Kerinci Merangin Hidro, an independent power producer that belongs to the Kalla Group, for electricity purchases. Kerinci Merangin is building a 350 megawatt hydropower plant nearby Kerinci lake in Jambi Province. Thursday’s signing was witnessed by former Indonesian Vice President Jusuf Kalla and Jambi Gov ...

The Weather Philippines Foundation has turned over an automatic weather equipment to SN Aboitiz Power Magat. WPF general manager Celso Caballero made the presentation to SN Aboitiz Vice President for Corporate Services Mike Hosillos here last July 23 during the media day. Caballero said the unit is a stand-alone system designed to monitor temperature, wind velocity, rainfall volume and humidity. Weather Phi ...