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    Price Change %1-week3-monthsSJD-1.59%7.53%Electric1.1%5.28%VN Index4.19%-8.3%

    YearRevenue GrowthDec 13-13.7Dec 1210.9Dec 1124.5Dec 1041.3

    Tuki defends power projects

    01/11/2015

    Itanagar, Jan. 10: Arunachal Pradesh chief minister Nabam Tuki has hit out at opposition to the 160-plus hydropower projects that have been planned for the state. "No one is gaining from this tirade of negativity," he said.

    Elders asked to help restart work on Dasu project

    01/11/2015

    The director of Dasu Hydropower Project has sought support of elders of Kohistan district for restart of construction work, which was suspended about three months ago because of the threats by landowners.

    Morning Alert: Haitian Hydropower International keeps rising: up 9.4% in 3 days 12 January 2015 10:27 HKT

    01/11/2015

    HONG KONG INTRA-DAY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) extended its gains Monday, rising an additional 5.0c (or 2.9%) to trade at HKD1.75. Trading volume has been 65% of average so far today. The shares have risen 15.0c (or 9.4%) over the past three trading days vs. the Hang Seng Index which has risen 1.5% in the same period.

    National Hydro Power increases 1.6% on thin volume 11 January, 2015 15:00 NPT

    01/11/2015

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market cap, increased NPR2.0 (or 1.6%) to close at NPR125.0. Compared with the Nepse Index which fell 2.6 points (or 0.3%) in the day, this represented a relative price increase of 1.9%. Trading volume was 22% lighter than average.

    Arun Valley Hydropower Development decreases 0.8% - trailing 94% of stocks 11 January, 2015 15:00 NPT

    01/11/2015

    NEPALESE DAILY STOCK REPORT

    Arun Valley Hydropower Development Company Limited (NEPSE:AHPC), Nepal's 4th largest hydropower company by market cap, decreased NPR3.0 (or 0.8%) to close at NPR357.0, ending a two-day streak of rises. In the Nepalese market of 71 stocks traded today, the stock has a 6-month relative price strength of 6 indicating it is trailing 94% of the market. Compared with the Nepse Index which fell 2.6 points (or 0.3%) in the day, this represented a relative price change of -0.6%.

    Chilime Hydro Power decreases 0.5% on low volume 11 January, 2015 15:00 NPT

    01/11/2015

    NEPALESE DAILY STOCK REPORT

    Chilime Hydro power Co. (NEPSE:CHCL), Nepal's largest hydropower company by market cap, decreased NPR9.0 (or 0.5%) to close at NPR1,701.0, ending a two-day streak of rises. Compared with the Nepse Index which fell 2.6 points (or 0.3%) in the day, this represented a relative price change of -0.2%. Trading volume was 64% lighter than average.

    Butwal Power falls for a second consecutive day, a two-day fall of 1.6% 11 January, 2015 15:00 NPT

    01/11/2015

    NEPALESE DAILY STOCK REPORT

    Butwal Power Co. Ltd. (NEPSE:BPCL), Nepal's 2nd largest hydropower company by market cap, fell NPR5.0 (or 0.8%) for a second consecutive day on Sunday bringing its two-day fall to NPR10.0 or 1.6%. The stock last traded at NPR600.0. Compared with the Nepse Index which rose 3.8 points (or 0.41%) in the two days, this represented a relative price change of -2.0%. Trading volume was 87% lighter than average.

    Power supply in Garhwal, Kumaon region disrupted

    01/11/2015

    DEHRADUN, Jan. 10 -- The power supply at various places in Garhwal and Kumaon regions was affected after the power generation dipped in the State-run hydro power projects due to low water level in the rivers caused by snowfall in the higher reaches and other technical snags involving the projects.

    Mirage of prosperity

    01/10/2015

    Kathmandu, Jan. 9 -- A parched man traversing a great hot desert sees an oasis in the distance. Summoning the last bit of strength, he makes a dash across the dunes. He never pauses to consider if it might be a mirage. So it is with Nepal's hydropower.

    Nepal has journeyed through the last decade of load-shedding and a stagnant power sector. India's electricity market has now appeared as an oasis across the southern border. Nepal has seized upon it like the desperate parched man. Perhaps we ought to pause to consider if it might be a mirage.

    Russian side has not yet chosen capacity option for Kambarata-1 hydropower project Vice Energy Minister

    01/10/2015

    Russian side has not yet chosen capacity option for Kambarata-1 hydropower project Vice Energy Minister

    ishkek (AKIpress) - So far, the Russian side has not defined its position regarding the feasibility of the Kambarata-1 hydropower project, Deputy Minister of Energy and Industry Aybek Kaliyev told AKIpress on January 6...

    ICRA reaffirms rating of [ICRA]AAA to the Long term bonds programme of NHPC Limited; assigns Stable outlook

    01/10/2015

    NHPC Limited

    Instrument Details Amount in Rs.

    Crore^

    Rating Action

    December 2014

    LT Bonds Programme 4000.00 [ICRA]AAA reaffirmed Stable outlook assigned

    ICRA has reaffirmed the long-term rating assigned to the Rs. 4000.00 crore LT bonds programme of NHPC Limited (NHPC)† at [ICRA]AAA (pronounced ICRA triple A). ICRA has also assigned a Stable outlook to the long term rating of NHPC Limited.

    ICRA's AAA rating reflects NHPC's established position in hydro power generation in India, its significant size of operating projects, strategic importance to the GoI which is also reflected in the consistent support from GoI in terms of low cost subordinated debt for some of its projects, highly competitive tariffs of its plants with an average tariff of Rs 3.38/kwh during FY 2013-14 (adjusted for previous years income) and strong operating efficiencies, as reflected by average plant availability factor (PAF) of 77.7% during FY 2013-14 (MOU Rating of 'Very Good'). Further with the commissioning of four delayed ongoing projects during FY2013-14, i.e TLDP-III, Nimoo Bazgo, Uri-II and three units of Parbati-III with total capacity amounting to ~807 MW and fourth unit of Parbati III (130 MW) in May 2014, there is significant visibility on increase in revenue and profit streams. The

    "Guangxi Guiguan Electric Power Co., Ltd." (the Company) -- Announcement on Postponement of Stock Trading Resumption

    01/10/2015

    As of the announcement day, the Company has organized relevant intermediaries to complete the preliminary demonstration on the reorganization scheme and will issue shares and purchase controlling right of Longtan Hydropower Development Co., Ltd. (Longtan Hydropower) held by Longtan Hydropower's shareholder China Datang Corporation (the Corporation) and other shareholders. However, the relevant audit and appraisal of the reorganization is still under way and the relevant issues of reorganization scheme requires continuous communication with state-owned assets supervision and administration authorities, the Company applied for postponement of trading resumption. Namely, trading of the Company's shares will be continuously suspended for not more than 30 working days from January 12, 2015. After relevant work is completed, the Company will hold a directorate meeting to discuss the significant assets reorganization scheme, make an announcement and resume trading of its shares in time.

    ICRA reaffirms rating of [ICRA]AAA to the Long term bonds programme of NHPC Limited; assigns Stable outlook

    01/10/2015

    NHPC Limited

    Instrument Details Amount in Rs.

    Crore^

    Rating Action

    December 2014

    LT Bonds Programme 4000.00 [ICRA]AAA reaffirmed Stable outlook assigned

    ICRA has reaffirmed the long-term rating assigned to the Rs. 4000.00 crore LT bonds programme of NHPC Limited (NHPC)† at [ICRA]AAA (pronounced ICRA triple A). ICRA has also assigned a Stable outlook to the long term rating of NHPC Limited.

    ICRA's AAA rating reflects NHPC's established position in hydro power generation in India, its significant size of operating projects, strategic importance to the GoI which is also reflected in the consistent support from GoI in terms of low cost subordinated debt for some of its projects, highly competitive tariffs of its plants with an average tariff of Rs 3.38/kwh during FY 2013-14 (adjusted for previous years income) and strong operating efficiencies, as reflected by average plant availability factor (PAF) of 77.7% during FY 2013-14 (MOU Rating of 'Very Good'). Further with the commissioning of four delayed ongoing projects during FY2013-14, i.e TLDP-III, Nimoo Bazgo, Uri-II and three units of Parbati-III with total capacity amounting to ~807 MW and fourth unit of Parbati III (130 MW) in May 2014, there is significant visibility on increase in revenue and profit streams. The

    update power and control systems at Green Mountain Power's 6.9-MW Proctor hydropower project

    01/10/2015

    Contract Awarded for update power and control systems at Green Mountain Power's 6.9-MW Proctor hydropower project
    Contract Awarded Date:Jan 2015
    Eaton wins contract for Vermont small hydropower plant control rehab
    Generating technology manufacturer Eaton Corporation has won a contract to update power and control systems at Green Mountain Power's 6.9-MW Proctor hydropower project in Vermont.

    Avalanche kills one worker, four missing in Turkey

    01/10/2015

    A hydroelectric power plant in Caykara district has been hit by an avalanche in Turkey's northeastern Trabzon province

    TRABZON

    At least one worker died and four others went missing in an avalanche in Turkey's northeastern Trabzon province Saturday.

    Trabzon Governor Abdil Celil Oz confirmed that one worker died in the incident.

    The avalanche hit a hydroelectric power plant in Caykara district, local official Mustafa Gul told The Anadolu Agency.

    Disaster and emergency teams have been dispatched to the area.

    Modernization comes to Proctor hydropower plant in Vermont

    01/09/2015

    Pittsburgh, Jan. 9 -- Power management company Eaton will be working with Vermont-based energy provider Green Mountain Power to modernize its Proctor, Vermont hydroelectric plant.

    United States : Alpiq expects impairments in particular on Swiss hydropower

    01/09/2015

    Due to sustained low wholesale prices and the challenging regulatory environment, Alpiq expects impairments amounting to some CHF 1 billion after taxes, in particular on Swiss hydropower. On operational level, Alpiq confirms the guidance given last autumn for the full year 2014.

    Bosnia's Visegrad hydropower plant sees 2014 net profit at (EURO)2mn

    01/09/2015

    Bosnia's Visegrad hydropower plant expects that its gross profit will total BAM4mn ((EURO)2mn) for 2014, eKapija news service reported but gave no comparative figures. The plant produced 723.19GWh of electricity through September 2014, up 4.35% from the plan, eKapija quoted the CEO of Bosnian hydropower plants operator Hidroelektrana (HE) na Drini, Mile Lakic, as saying. Of the total, 81% was sold on the domestic market.

    Weekly: Can Don Hydro Power decreases 1.6% on low volume

    01/09/2015

    VIETNAMESE WEEKLY STOCK REPORT

    Can Don Hydro Power Joint Stock Company (HOSE:SJD), Vietnam's 3rd largest electric company by market cap, decreased VND500.0 (or 1.6%) in the trailing week to close at VND31,000.0, ending a three-week streak of rises. Compared with the VN Index which rose 22.8 points (or 4.2%) in the week, this represented a relative price change of -6.0%. The volume was 0.3 times average trading per week of 163,235 shares. In the past week the market cap has declined VND23 billion.

    Sichuan Minjiang Hydropower - A Share decreases 1.8% on firm volume 09 January, 2015 15:30 CST

    01/09/2015

    CHINESE DAILY STOCK REPORT

    Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 49th largest energy company by market cap, decreased 12.0 fen (or 1.8%) to close at CNY6.64. Compared with the SSE 180 Index which fell 28.6 points (or 0.4%) in the day, this represented a relative price change of -1.4%. This has been exacerbated by firm volume of 1.3 times average. The stock fell for a second day on Friday bringing its two-day fall to 26.0 fen or 3.8%.

    BEARISH SIGNALS
    Fundamentals:
    + Net profit margin has averaged 0.9% in the last 3 years. This suggests the company is less profitable with a low margin of safety.
    + Revenue growth rate has shown signs of deterioration in recent years. [Year ended, all figures in %]

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