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    YearRevenue GrowthEPS GrowthEBITDA GrowthJun 1370.4--60.7Jun 12-21.5-6.8-16.9

    Gajurel against Indian firm to develop Upper Karnali hydel project

    04/08/2014

    YAGDI, April 4 -- CPN-Maoist Vice-Chairman CP Gajurel on Friday said that the Upper Karnali Hydropower Project will not be allowed to hand over to India at any cost.

    CEB ensures uninterrupted power supply

    04/08/2014

    Sri Lanka, April 6 -- General Manager of the Ceylon Electricity Board (CEB) Eng.W.J.L.Shavindranath Fernando, who was Project Director of the Upper Kotmale Hydro Power Project (UKHP) until its commissioning, told the Sunday Observer that the CEB would ensure uninterrupted power supply to the nation, although generation of hydroelectricity is presently limited because of water shortage due to the long-drawn-out drought.

    Thermal power, although very costly, is now being generated to meet the national requirement and the CEB had to go for short-term and long-term borrowings from state banks to tide over the situation. The borrowings would be settled when rains come anytime now and resumption of hydroelectricity is resumed, he said. The concerns expressed over the Lak Vijaya Coal Power Plant at Norochcholai is also unfounded and it is a very valuable project, he said.

    Kohistanis to help authorities in early construction of Dasu dam

    04/08/2014

    The people of Kohistan will cooperate with the authorities for early completion of Dasu hydropower project as federal government has accepted almost all 18 demands of the local landowners.

    The representatives of Wapda told a jirga, held in Dasu, the district headquarters of Kohistan the other day with Deputy Commissioner Syed Mohammad Shah in the chair, that government had approved the demands of the local landowners and people affected by the dam.

    Indsil Hydro Power & Manganese: Shareholding Pattern for March 31, 2014

    04/08/2014

    STOCK REPORT

    [News Story] Indsil Hydro Power and Manganese Ltd has informed BSE about the Shareholding Pattern for the Quarter ended March 31, 2014.

    Highland Avenue Hydroelectric Plant

    04/08/2014

    Project Location: Highland Avenue, United States
    Project Status: Active
    Project Phase: Approved
    Project Cost : $4 million
    Facility Type: Hydroelectric Plant
    Scope : Construction of the Hydroelectric Plant in Highland Avenue, United States.

    Morning Alert: Central Hydropower hits 52-week high tenth time in one month 08 April 2014 10:18 ICT

    04/08/2014

    Central Hydropower JSC (HNU:CHP) hit a 52-week high of VND12,300.0 today for the tenth time in the past one month and last traded at VND12,300.0. Trading volume has been 2.8 times average so far today.

    Gia Lai Hydropower drops 1.3% on high volatility 07 April, 2014 17:30 ICT

    04/07/2014

    Gia Lai Hydropower JSC (HNU:GHC), Vietnam's 11th largest energy company by market capitalisation, traded between an intraday low of VND30,600.0 and a high of VND31,500.0, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 0.9% places the stock in the 4th quartile in the market meaning it is least volatile. The stock fell for a second day on Monday bringing its two-day fall to VND900.0 or 2.9%. The stock price decreased VND400.0 (or 1.3%) to close at VND30,600.0. Compared with the VN Index which rose 7.9 points (or 1.3%) in the day, this represented a relative price change of -2.6%.

    BEARISH SIGNALS
    Fundamentals:
    Overvaluation [compared with sector average]:
    + Price/Sales of 2.2 [0.6].

    National Hydro Power drops 3.4% on average volume 06 April, 2014 15:00 NPT

    04/07/2014

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market capitalisation, dropped NPR5.0 (or 3.4%) to close at NPR140.0, ending a two-day streak of rises. Compared with the Nepse Index which fell 3.2 points (or 0.4%) in the day, this represented a relative price change of -3.1%.

    Krasnoyarsk Hydro-Power Plant drops 2.2% on low volume 07 April, 2014 18:00 SAMT

    04/07/2014

    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG), Russia's 12th largest electric company by market capitalisation, dropped 82.0 Kopeck (or 2.2%) to close at RUB35.96. Compared with the MICEX Index which fell 36.3 points (or 2.6%) in the day, this represented a relative price increase of 0.4%. The volume was 0.1 times the average trading of 2,338 shares.

    Laos recommended to consult MRC again on new hydropower project

    04/07/2014

    Laos officially announced its plan to build the 260MW Don Sahong hydropower project on the river in October last year, the second move after the Southeast Asian country publicized its plan to build Xayaburi hydropower project on the Mekong River in November 2012.

    Dry period puts power in spotlight

    04/07/2014

    Extremely dry weather, especially in the North Island, has caused hydro power lake levels to drop to 73 per cent of average, in line with levels running into the 2008 power crisis.

    Recife lands new San Martín hydro concession

    04/07/2014

    Peru energy authorities granted a temporary concession for a hydroelectric project in northern San Martín region.

    Constructora Recife is behind the 242MW hydro Mayo III, according to an energy and mines ministry decree. The company in March secured a temporary concession for 459MW hydro Mayo I.

    Work on Pakpattan Hydropower project in full swing

    04/07/2014

    More than 50 percent work on the Pakpattan Hydropower project has been completed and the project will be completed till December this year, said Irrigation Department Officer Rao Zakria Farooq.

    Three Gorges officials given new jobs

    04/07/2014

    THE former head of the scandal-hit China Three Gorges Corp., which built the world’s biggest hydropower project, has been appointed deputy governor of Hubei Province, two people familiar with the situation said.

    TBC: TBC Delays AGM 2014

    04/07/2014

    [News Story]Thac Ba Hydropower Joint Stock Company would like to announce the extension of the meeting date of Annual General Meeting 2014 until May 06, 2014.

    Vinh Son-Song Hinh Hydropower lifts 2.9% on firm volume 07 April, 2014 17:30 ICT

    04/07/2014

    Vinh Son - Song Hinh Hydropower Joint Stock Company (HOSE:VSH), Vietnam's 2nd largest electric company by market capitalisation, lifted VND500.0 (or 2.9%) to close at VND17,600.0. Compared with the VN Index which rose 7.9 points (or 1.3%) in the day, this represented a relative price increase of 1.6%. This has been propped up by firm volume of 1.1 times average.

    BULLISH SIGNALS
    Fundamentals:
    + Total Liabilities/EBITDA of 2.6 is comfortably below the Joseph Piotroski benchmark of 5.
    + The P/E of 15.2 multiplied by the P/NTA of 1.4 is 22.1. Being less than the Benjamin Graham benchmark of 22.5 the stock appears undervalued.
    + The company is cash rich with Cash to Market Capitalisation at 18.0%.
    + Interest cover defined by EBIT/I is 50.4 times. This indicates it is less leveraged.
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.1. Compared with the rest of the market the stock is undervalued.

    Indsil Hydro Power & Manganese up 14.6% in 2 days 07 April, 2014 15:30 IST

    04/07/2014

    STOCK REPORT

    Indsil Hydro Power & Manganese Ltd. (BSE:522165), India's 49th largest iron & steel/intermediate products company by market capitalisation, extended its gains Monday, rising an additional Rs2.55 (or 11.3%) to close at Rs25.05. The shares have soared Rs3.20 (or 14.6%) over the past two trading days. Compared with the BSE Sensex Index which fell 165.6 points (or 0.74%) in the two days, this represented a relative price increase of 15.4%.

    BULLISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.2. Compared with the rest of the market the stock is undervalued.
    + Revenue growth rate has shown signs of recovery in recent years. [Year ended, all figures in %]

    State-run power project accomplish annual target

    04/07/2014

    Dehradun, April 6 -- At a time when the State is reeling under shortage of electricity, the State-run hydro power project claimed accomplishment of its annual generation target by nearly 15 per cent against the set target of power generation by in the last financial year. Department officials claimed that the power generation is likely to improve further in the near future once the Himalayan rivers and tributaries have started melting in the mountainous areas of the State.

    Dry weather threat to power prices

    04/07/2014

    EXTREMELY dry weather, especially in the North Island, has seen hydro power lake levels drop to 73 per cent of average, in line with levels running into the 2008 power crisis.

    Lake levels have plunged from well above average at the start of the year, to well below average. That has led to wholesale power prices rising to between $100 and $150 a megawatt hour compared with $50 or less a unit when lakes were full in January.

    Prices around $120 a unit typically showed the market was a bit short, but not extreme, but prices around $180 indicated market concern about the risks of a dry patch, a source said.

    Arun Valley Hydropower Development falls for a second consecutive day, a two-day fall of 9.8% 07 April, 2014 15:00 NPT

    04/07/2014

    Arun Valley Hydropower Development Company Limited (NEPSE:AHPC) fell NPR11.0 (or 2.4%) for a second consecutive day on Monday bringing its two-day fall to NPR49.0 or 9.8%. The stock last traded at NPR449.0. Compared with the Nepse Index which fell 4.4 points (or 0.55%) in the two days, this represented a relative price change of -9.3%. Trading volume was 44% lighter than average.

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