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    YearNet Profit MarginEBIT MarginDec 1347.8-Dec 1244.9-Dec 1131.362

    Sri Lanka : HYDRO power electricity generation to increase 67 percent

    12/05/2014

    Deputy General Manager of power generation of electricity board N.C.Wickremasekera announced that the hydro power generation has increased with the current rainy weather condition.
    Hydro power generation of electricity has risen up to 67 percent, Wickremasekera further added. Water levels at the reservoirs in the hydro power generating areas has bolstered 86 percent.
    The electricity general via coal power has gone up a little over 28 percent. Two of the generators at the NOrochchole power station are functioning.

    Sichuan Minjiang Hydropower - A Share drops 5.5% on high volatility 05 December, 2014 15:30 CST

    12/05/2014

    CHINESE DAILY STOCK REPORT

    Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 46th largest energy company by market cap, traded between an intraday low of CNY6.22 and a high of CNY6.78, suggesting a trading opportunity between peaks and troughs. The average daily volatility of 2.6% places the stock in the 4th quartile in the market meaning it is least volatile. Today its volatility (highest price minus lowest price/lowest price) of 9.0% was 3.4 times the average daily volatility of 2.6%, up from 2.1% on Thursday and 2.6% on Wednesday. A price fall on high volatility is a bearish signal. The stock price sank 37.0 fen (or 5.5%) from its last traded date of December 03, 2014 to close at CNY6.41. Compared with the SSE 180 Index which rose 46.8 points (or 0.7%) in the day, this represented a relative price change of -6.1%.

    Kyrgyzstan : ADB offers $110m assistance package to aid KYRGYZSTAN

    12/04/2014

    A $110m assistance package is being offered by the Asian Development Bank (ADB) to aid Kyrgyzstan upgrade its 1,200MW Toktogul hydroelectric station located on the Naryn River in the Jalal-Abad Province.

    Permitting advances for Peru hydropower project

    12/04/2014

    Peruvian authorities granted rights of way to the developer of a hydroelectric plant in central highlands region Junín.

    The US$107mn, 64MW La Virgen project belongs to special purpose company La Virgen, which signed the definitive concession contract in 2011.

    Can Don Hydro Power lifts 4.0% on firm volume 04 December, 2014 17:30 ICT

    12/04/2014

    VIETNAMESE DAILY STOCK REPORT

    Can Don Hydro Power Joint Stock Company (HOSE:SJD), Vietnam's 3rd largest electric company by market cap, lifted VND1,100.0 (or 4.0%) to close at VND28,900.0. Compared with the VN Index which rose 3.6 points (or 0.6%) in the day, this represented a relative price increase of 3.3%. This has been propped up by firm volume of 1.6 times average.

    BULLISH SIGNALS
    Fundamentals:
    + The P/E of 8 multiplied by the P/NTA of 1.5 is 11.7. Being less than the Benjamin Graham benchmark of 22.5 the stock appears undervalued.
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1. Compared with the rest of the market the stock is undervalued.
    + Net profit margin has averaged 41.3% in the last 3 years. This is considered superior and suggests a high margin of safety.
    + Net Profit margin is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

    BHEL Commissions Sixth Unit of 6x68.67 MW Hydro Generating Unit at Rampur HEP in Himachal Pradesh

    12/04/2014

    Nov. 4 -- Bharat Heavy Electricals Ltd (BHEL) issued the following news release:

    With the commissioning of the last of the six units of 68 MW hydro generating unit of Rampur Hydro Electric Project (HEP) in Himachal Pradesh, Bharat Heavy Electricals Limited (BHEL) has commissioned the 412 MW hydro power plant of SJVN Limited. The 412 MW Rampur HEP powerhouse comprising 6 units of 68.67 MW each is located on River Satluj, a major tributary of the Indus Basin in Himachal Pradesh - 120 km from Shimla. The project is designed to utilise the water that comes out after generation from Nathpa Jhakri Power Plant and is diverted from Jhakri Tail Race Pond to the intake of Rampur HEP through a tunnel.

    Austria : Poyry awarded site supervision services assignment by GKI at new 89 MW Hydropower plant in Austria

    12/04/2014

    Poyry awarded site supervision services assignment by GKI at new 89 MW Hydropower plant in Austria.
    Gemeinschaftskraftwerk Inn (GKI) has awarded Pöyry with the assignment for site supervision services at a new 89 MW Hydropower plant in Austria. The average output of the plant will be able to supply more than 90,000 households with CO2-free electricity. The project commenced in August 2014 and will be executed with a local consortium partner to the end of 2019.

    BHEL commissions sixth unit of 6x68.67 MW hydro generating unit at Rampur

    12/04/2014

    BHAHEAEL.gif With the commissioning of the last of the six units of 68 MW hydro generating unit of Rampur Hydro Electric Project (HEP) in Himachal Pradesh, Bharat Heavy Electricals (BHEL) has commissioned the 412 MW hydro power plant of SJVN Limited. The 412 MW Rampur HEP powerhouse comprising 6 units of 68.67 MW each is located on River Satluj, a major tributary of the Indus Basin in Himachal Pradesh - 120 km from Shimla.

    Russia's Technopromexport May Take Part in Hydro Project in Pakistan

    12/04/2014

    Ontario hydropower project wins sustainability award

    12/04/2014

    The 10-MW Okikendawt hydropower project, being developed by Dokis First Nation and Hydromega Services Inc., received the 2014 Pollution Probe Sustainability Award.
    This award, established in 2011, celebrates extraordinary achievement by individuals or organizations working toward positive, tangible environmental change and exemplifying in their work the Pollution Probe values: inclusive, independent, non-partisan, results-oriented, focused, evidence-based, learning and innovative. (Pollution Probe is a national, non-profit organization that exists to improve the health and well-being of Canadians by advancing policy that achieves positive, tangible environmental change.)

    Guangdong Meiyan Jixiang Hydropower jumps 10.0% on high volume 04 December, 2014 15:30 CST

    12/04/2014

    CHINESE DAILY STOCK REPORT

    Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SS:600868), Shanghai's 11th largest engineering & construction company by market cap, jumped 35.0 fen (or 10.0%) to close at CNY3.86. Compared with the SSE 180 Index which rose 112.1 points (or 1.7%) in the day, this represented a relative price increase of 8.3%. This has been propped up by high volume of 4.0 times average. The stock rose for a second day on Thursday bringing its two-day rise to 44.0 fen or 12.9%.

    BULLISH SIGNALS
    Fundamentals:
    + The total dividend paid over the past 12 months was 0.50 fen per share, comprising one dividend of 0.50 fen.

    Proposed privatisation of Wapda, Employees threaten countrywide strike on 23rd

    12/04/2014

    The Wapda Hydro Electric Central Labour Union Wednesday has threaten to observe a countrywide strike on December 23 if the government did not withdraw the proposal to privatise the Wapda, remove non-technical chief executives and delegate more powers to Wapda Board of Directors.

    Krasnoyarsk Hydro-Power Plant down 3.5% in 2 days 04 December, 2014 18:00 SAMT

    12/04/2014

    RUSSIAN DAILY STOCK REPORT

    Krasnoyarsk Hydro-Power Plant (MICEX:KRSG), Russia's 6th largest electric company by market cap, extended its slide Thursday, shedding an additional RUB1.0 (or 1.3%) to close at RUB78.90. The shares have dropped RUB2.90 (or 3.5%) over the past two trading days. Compared with the MICEX Index which rose 9.6 points (or 0.61%) in the two days, this represented a relative price change of -4.2%.

    BEARISH SIGNALS
    Fundamentals:
    Overvaluation [compared with sector average]:
    + Price to Book of 1.6 [0.3].

    Indsil Hydro Power & Manganese announces AGM

    12/04/2014

    INDIAN DAILY STOCK REPORT

    Indsil Hydro Power & Manganese has announced its Annual General Meeting will take place on December 19, 2014.

    India: JSW Energy agrees to acquire (i) 300 MW Baspa II hydro electric project located at Himachal Pradesh

    12/04/2014

    umbai, Dec. 4 -- JSW Energy Ltd has informed Bombay Stock Exchange that the Company has agreed to acquire from Jaiprakash Power Ventures Limited and other shareholders, 100% stake in Himachal Baspa Power Company Limited for a base Enterprise Value of approximately Rs. 9,700 crores, subject to mutually agreed adjustments.

    National Hydro Power rises for a second consecutive day, a two-day rise of 2.6% 04 December, 2014 15:00 NPT

    12/04/2014

    NEPALESE DAILY STOCK REPORT

    National Hydro Power Co. (NEPSE:NHPC), Nepal's 3rd largest hydropower company by market cap, rose NPR2.0 (or 1.7%) for a second consecutive day on Thursday bringing its two-day rise to NPR3.0 or 2.6%. The stock last traded at NPR119.0. Compared with the Nepse Index which rose 7.4 points (or 0.88%) in the two days, this represented a relative price increase of 1.7%. Trading volume was 82% lighter than average.

    Haitian Hydropower International tumbles 7.2% on robust volume 04 December, 2014 17:00 HKT

    12/04/2014

    HONG KONG DAILY STOCK REPORT

    Haitian Hydropower International Ltd. (HK:08261) tumbled 12.0c (or 7.2%) to close at HKD1.54. Compared with the Hang Seng Index which rose 125.9 points (or 0.5%) in the day, this represented a relative price change of -7.8%. This has been exacerbated by robust volume of 3.0 times average.

    BEARISH SIGNALS
    Fundamentals:
    + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 5.3. Compared with the rest of the market the stock is overvalued and ranks in the bottom 5% of stocks by value of Q Ratio.
    + As per the Du Pont analysis, Return on Equity is less than stellar at 5.0%. This is computed as net profit margin of 20.0% times asset turnover [sales/assets] of 0.13 times leverage factor [total assets/shareholders' equity] of 1.9.

    New energy player charts P15-B plan

    12/04/2014

    AVGARCIA Power Systems Corp. plans to invest P15 billion to develop hydropower projects totaling 100 megawatts (MW), the company's top official told reporters yesterday.

    Morning Alert: Can Don Hydro Power lifts 3.6%; leads Electric sector higher 04 December 2014 11:00 ICT

    12/04/2014

    VIETNAMESE INTRA-DAY STOCK REPORT

    Can Don Hydro Power Joint Stock Company (HOSE:SJD) lifted 3.6% to trade at VND28,800.0 vs. the Electric sector which strengthened 4.8 points (or 1.1%) to 461.9. Representing a weighting of about 7.2% of the sector, the stock accounted for 24.3% of today's gain. The shares have outperformed 81% of the market in the past six months. Trading volume has been 1.5 times average so far today.

    Finland : Fortum plans to increase its hydro portfolio by 60% through the restructuring of TGC-1 Subject to successful restructuring, Fortum ready to take a minority stake in the Finnish Fennovoima

    12/04/2014

    Fortum and Gazprom Energoholding have signed a protocol to start a restructuring process of their ownership of TGC-1, a Territorial Generating Company in Russia. TGC-1 owns and operates hydro power and thermal power plants in North-West Russia as well as heat distribution networks in St. Petersburg. Currently Gazprom Energoholding owns 51.8% of the TGC-1 shares and Fortum 29.5%.

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