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RATCH to begin construction of Hydroelectric project in Laos

SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH) aims to start construction of the Xe-Pian Xe-Namnoy hydroelectric project in Laos this quarter, and construction set to take 5 years thereafter. Xe-Pian Xe-Namnoy Power Co (PNPC) signed a 27-year power purchase agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT) in Vientiane on Wednesday. Located in Champasak province, ...

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TATA Power take steps into Nigeria for the discom business

The largest private utility Tata Power has bagged a contract to provide technical services to Benin Distribution Company of Nigeria, a top official said. This marks the company’s foray into the power distribution segment in a foreign country, Tata Power Managing Director Anil Sardana The Tatas are the second domestic discom to enter Nigeria after the R P Sanjiv Goenka Group flagship CESC, which had bagged a ...

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Ausgrid deny accusations that job cuts are looming

Electricity provider Ausgrid is denying union claims it plans to axe up to 1,000 jobs in the Hunter. Ausgrid spokesman Anthony O'Brien says only 780 jobs are being cut mainly by natural attrition and voluntary redundancy by Ausgrid, Essential Energy and Endeavour Energy across the state. The Electrical Trades Union is claiming leaked internal documents show thousands more jobs will be cut to prepare for the ...

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“Decisive victory” due for utilising the sea off of China’s port city of Tianjin

After more than a decade of toil, one of the biggest since the construction of the Great Wall is close to achieving a “decisive victory”. In coming months, canals and pipelines hundreds of kilometres long will bring water from the Yangzi River basin to the parched north. But growing demand is forcing officials to look for other sources. A promising one, they believe, is the sea. The Beijiang Power and Desal ...

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TEPCO dash for gas continues to expand

Japan's largest power utility, Tokyo Electric Power Company (TEPCO), has stepped up its long-term LNG procurement drive, committing to purchase a total of 800,000 tonnes per annum (tpa) of hub-indexed LNG from Japanese sogo shosha's Mitsui and Mitsubishi. TEPCO said in a statement that it had signed a preliminary agreement with Mitsui to purchase 400,000tpa of LNG from the Cameron LNG project in Louisiana o ...

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India looking for equipment purchase from Bhutan Hydro projects in exchange for concessional finance

India is seeking to persuade Bhutan to give orders for power generating equipment to Bharat Heavy Electricals Ltd (Bhel) for hydropower projects that the Himalayan kingdom is building with concessional finance from its bigger neighbour. India is helping Bhutan build 10,000 megawatts (MW) of hydropower by providing funds at a discounted interest rate as part of its efforts to boost its strategic influence wi ...

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Hydro Tasmania to increase cooperation with China Shenhua Group for wind projects

Hydro Tasmania is considering developing Australian renewable energy projects outside the nation’s island state as the company looks at expanding a partnership with a unit of China’s Shenhua Group Corp. The Tasmanian state-owned energy company is assessing new wind farms and projects to supply power to remote areas that aren’t connected to the main electricity grid, Chief Executive Officer Roy Adair said ye ...

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Conergy strengthens Thai solar efforts with a further 31.5 MW signed with investor Siam Solar Energy

Conergy continues to strengthen its leading position in Thailand in 2013, heading into the new year with a major 31.5 megawatt order. It is already the second large-scale project for the Bangkok-based client and investor Siam Solar Energy 1 Co., Ltd. (SSE), a subsidiary of Thai Solar Energy Company Limited (TSE). In autumn 2012, Conergy started constructing two power plants for SSE with a total installed ca ...

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Mizuho to Lead a Japanese Consortium to Build Indian Solar Power Plant

Mizuho Financial Group Inc. (8411) will lead a group of Japanese companies to build a solar plant in Gujarat as India targets an eightfold expansion in sun-powered capacity. The facility will be able to generate as much as 200 megawatts and may cost as much as 30 billion yen ($325 million), Masako Shiono, a company spokeswoman, said today by telephone. Mizuho’s corporate lending unit signed a memorandum of ...

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China Ming Yang to Increase Wind Turbine Generator Prices

Wind turbine maker China Ming Yang Wind Power Group said Friday the market prices for 1.5-MW and 2-MW Chinese-built wind turbine generators would rise to CNY 4,000 (USD 642/EUR 471) per kW in 2013. The company's statement came as a confirmation of predictions about the price increase made earlier by chairman and chief executive Chuanwei Zhang. The company said also that it planned to ship 2.5 GW of wind tur ...

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