Untitled Document

Dutch company to supply 25 hydropower units to Nepal

DEN OEVER, The Netherlands 6/20/12 (PennWell) -- Dutch turbine manufacturer Tocardo International has closed a deal to sell 25 of its T100 generating units to Glow Tech Solutions of Nepal.

The turbines will add a total capacity of 2.5 MW to Nepal's grid once connected, the company says.

Installation of the turbines is being supported by The Netherlands' Private Sector Investment program, which has allocated funds to create a joint venture between Tocardo and Glow Tech Solutions. The hope is that the agreement will help create Dutch jobs as production and assembly of the turbines accelerates over the next few years.

"By starting with smaller turbines that are relatively easy to install and maintain, we are quickly developing this new energy source," says Tocardo Chief Executive Officer Hans Van Breugel.

Financial terms of the deal were not disclosed.

HydroWorld.com reported earlier this week that Nepal is hoping to attract more than US$6 billion in hydroelectric development investments.

Latest Slideshow

Your Picture Here: Send Us Your Dam Selfie

View Slideshow >>

more slideshows >>   

Hydro Whitepapers

Hydro Industry Financials

Most Read Articles

Recent Comments

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

04/01/2015
Volume 34, Issue 3
new1504HRcover
03/01/2015
Volume 23, Issue 2
1503HRWcover

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues

Buyers Guide Companies

Nanning Lijie Energy Saving Electric Co Ltd

Nem Chand & Bros

Providing all kind of technical publication inc...

Sanghvi Forging and Engg Ltd

Supplies forgings from India. The company is a...

Asian Industries

Manufacturers and exporters of rubber seals for...

Bhawani Industries Ltd

STEEL CASTINGS UPTO 90 MT SINGLE PIECE - HOT RO...