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    Pakistan : CONTRACT for Keyal Khwar Hydropower Project signed by WAPDA

    09/21/2014

    A contract of civil works for Keyal Khwar Hydropower Project worth Rs 14.544 billion in WAPDA House is signed by the Pakistan Water and Power Development Authority (WAPDA) and a joint venture comprising Sinohydro and Hajvairy Group.

    Civil works deal awarded for 128MW Keyal Khwar Hydropower Project

    09/20/2014

    Water and Power Development Authority (WAPDA) and a joint venture comprising Sinohydro and Hajvairy groups signed a contract of civil works for 128-megawatt (MW) Keyal Khwar Hydropower Project worth Rs 14.544 billion on Friday.

    Kaine Applauds Loan for Dam Project in Dickenson County

    09/20/2014

    The office of Sen. Tim Kaine, D-Va., issued the following news release:

    Today, U.S. Senator Tim Kaine applauded the announcement that the Jordan Hydroelectric Partnership will receive a $1,125,000 guaranteed loan from the Rural Energy for America Program of the U.S. Department of Agriculture. The loan will help fund the development of a 1.8 megawatt hydroelectric station at the John Flannagan Dam in Dickenson County, delivering power to more than 800 homes and reducing yearly carbon dioxide emissions by more than 8,500 tons.

    IBN signs PDA with GMR

    09/20/2014

    KATHMANDU, Sept. 20 -- Six years after signing a memorandum of understanding (MoU) with the Nepal government, India's GMR-ITD Consortium finally signed the project development agreement on Friday for the 900 megawatt Upper Karnali Hydropower Project.Investment Board Nepal (IBN) CEO Radhesh Pant and RV Seshan, president of Hydro Energy Business Unit of GMR, signed the agreement that opens a door for the Indian company to move ahead for financial close and project construction.

    Prime Minister Sushil Koirala, his cabinet colleagues, senior government officials, Indian Home Minister Rajnath Singh and Indian Ambassador to Nepal Ranjit Rae were present at the signing ceremony held in Singha Durbar, Kathmandu.

    Nepal signs 1.4 bln USD hydropower project agreement with Indian investor

    09/20/2014

    The Nepalese government Friday signed an agreement with an Indian hydropower developer, making ways for the latter to initiate a 1.4-billion-U.S. dollar hydropower project in the Himalayan country. Radhes Pant, chief executive officer of Nepal Investment Board (IBN) and R.B Seson, president of energy wing under GMR Energy of India signed the power development agreement (PDA) at a function here. The date for the signing of the PDA was fixed only on Thursday after Nepalese Council of Ministers endorsed the draft along with authorizing the IBN to go ahead with the sealing of the pact.

    R. P. Singh - SJVN updates chairman and MD's profile 20 September 2014

    09/20/2014

    SJVN recently released their Annual Report. The updated profile of R. P. Singh, Chairman and MD is shown below.

    Mr. Raghunath Prasad Singh, 59 years, is on our Board as Chairman and Managing Director with effect from 31st January 2012. Earlier he was Director (Electrical) in SJVN. Prior to joining SJVN, he was the Executive Director in North Eastern Electric Power Corporation Limited. He has been associated with corporate planning, monitoring, design engineering etc. of transmission lines and hydro projects for more than 28 years. Mr. Singh was also awarded Gold Medal in recognition of the Meritorious services rendered in the state of Arunachal Pradesh. He is representing the Country in the Working Group of 29 of International Electro-technical Commission- Technical Committee No. 4 which deals with particle erosion. Under his dynamic leadership, SJVN's Nathpa Jhakri Hydro Power Station has bagged the Gold Shield for 2010-11 from the Ministry of Power, Government of India under National Award for meritorious performance.

    Nepal signs 1.4 bln USD hydropower project agreement with Indian investor

    09/20/2014

    The Nepalese government Friday signed an agreement with an Indian hydropower developer, making ways for the latter to initiate a 1.4-billion-U.S. dollar hydropower project in the Himalayan country. Radhes Pant, chief executive officer of Nepal Investment Board (IBN) and R.B Seson, president of energy wing under GMR Energy of India signed the power development agreement (PDA) at a function here. The date for the signing of the PDA was fixed only on Thursday after Nepalese Council of Ministers endorsed the draft along with authorizing the IBN to go ahead with the sealing of the pact.

    SPML gains 9%, may sell power & road assets to raise funds

    09/20/2014

    The board of directors of the company on Thursday evaluated various options of fund raising and authorised the management to explore sell of investments in the hydro power and road assets, and raising of funds through QIP route for an amount to the extent of Rs 100 crores.

    Nepal, GMR sign landmark pact to boost energy cooperation

    09/20/2014

    Kathmandu, Sept. 20 -- The Nepal government and the GMR-ITD Consortium signed a landmark Project Development Agreement (PDA) to develop the 900 MW Upper Karnali hydropower project, aiming to boost bilateral power cooperation wioth India.

    Civil works contract for 128MW project awarded

    09/20/2014

    Wapda and a joint venture comprising Sinohydro and Hajvairy Group signed a contract of civil works for Keyal Khwar Hydropower Project worth Rs14.544 billion at Wapda House on Friday. Authority Member (Water) Muhammad Shoaib Iqbal and General Manager Sinohydro Duan Jianxia signed the contract on behalf of Wapda and the joint venture respectively.

    Dibang Hydro Plant May Get Green Nod

    09/20/2014

    The environment ministry is all set to give the Dibang Hydropower Project in Arunachal Pradesh the green light, resulting in the diversion of more than 4,500 hectares of bio-diversity rich forest. This despite the proposal for the 3,000 MW project having been rejected by the Forest Advisory Committee (FAC), on two earlier occasions, the last as recently as April, on the grounds that the ecological costs and loss of livelihood to the local population would far outstrip the benefits that could accrue from the project.

    UCPN-M leader warns of obstructing Upper Karnali

    09/20/2014

    KATHMANDU: A central leader of the main opposition party, UCPN-Maoist, has warned that his party would not let the Indian company, GMR Energy, to develop the Upper Karnali Hydropower project.

    IBN signs PDA with GMR

    09/20/2014

    KATHMANDU, Sept. 20 -- Six years after signing a memorandum of understanding (MoU) with the Nepal government, India's GMR-ITD Consortium finally signed the project development agreement on Friday for the 900 megawatt Upper Karnali Hydropower Project.Investment Board Nepal (IBN) CEO Radhesh Pant and RV Seshan, president of Hydro Energy Business Unit of GMR, signed the agreement that opens a door for the Indian company to move ahead for financial close and project construction.

    Prime Minister Sushil Koirala, his cabinet colleagues, senior government officials, Indian Home Minister Rajnath Singh and Indian Ambassador to Nepal Ranjit Rae were present at the signing ceremony held in Singha Durbar, Kathmandu.

    Nepal clears GMR's $1.4 billion hydel project

    09/20/2014

    Nepal's centre-left cabinet on Thursday cleared the way for Indian firm GMR to build a $1.4 billion hydroelectric plant in the northwest of the country, a cabinet minister said, the Himalayan republic's biggest foreign investment scheme. The Nepalese government agreed to allow the GMR Group in 2008 to construct the 900-megawatt Upper Karnali hydroelectric power plant in the northwest.

    Hwange Expansion Contract Negotiations Complete

    09/20/2014

    Contract negotiations between the Zimbabwe Power Company (ZPC) and a Chinese contractor, Sino Hydro Corporation, for the expansion of Hwange Power Station have been concluded, the Financial Gazette can reveal. This will pave way for the construction of new, additional power generation plants, which should have started along with a similar expansion project at Kariba Power Station whose ground breaking was done in early September.

    Nepal allows Indian firm to build hydropower plant

    09/20/2014

    Nepal's Cabinet late Thursday approved an Indian firm's plan to build a 900 megawatt hydropower project in northwestern Nepal for exporting power to India, a move expected to encourage several other foreign investors that are seeking to develop hydropower projects in the country, officials said Friday.

    Company explores hydro project on Quesnel and Hen Ingram lakes

    09/20/2014

    There are concerns about a proposed hydro generation project for Quesnel Lake and Hen Ingram Lake, Cariboo Regional District director Joan Sorley said at a CRD meeting last week.
    “Generally the people in Horsefly are very frustrated and completely against it,” Sorley told the board Friday during a presentation by the Ministry of Forests, Lands and Natural Resource Operations.

    BC-Nepal-India UPDATE1

    09/20/2014

    KATHMANDU, Sept. 19 -

    Nepal on Thursday signed an agreement with an Indian company on construction of a 900-megawatt hydropower plant in the country's west for export of electricity to its southern neighbor, a move expected to encourage foreign investors seeking to develop hydropower projects here, officials said Friday.

    Officials from Nepal Investment Board and India's GMR Energy Ltd., which will develop the Upper Karnali Hydropower Project under a 25-year build-own-operate-transfer scheme, signed agreement in Kathmandu in the presence of Nepalese Prime Minister Sushil Koirala and Indian Home Minister Rajnath Singh, who called it a historic moment in the relations between the two nations.

    PAC sub-panel exposes massive irregularities at Chameliya

    09/20/2014

    KATHMANDU, Sept. 20 -- A subcommittee of the parliamentary Public Accounts Committee formed to probe the Chameliya Hydropower Project has found massive irregularities behind its cost overruns seeking the Commission for the Investigation of Abuse of Authority (CIAA) to conduct further investigations and take action against those responsible.The project's cost almost doubled to Rs 15.06 billion from its initial estimated outlay of Rs 8.49 billion due to a massive rise in the variation order, change in design, bad geographical condition, compensation for land acquired, squeezing of the

    tunnel, steel lining and prolongation costs.

    CORRECTED: UPDATE1: Nepal allows Indian firm to build hydropower plant

    09/20/2014

    KATHMANDU, Sept. 19 -

    Nepal on Friday signed an agreement with an Indian company on construction of a 900-megawatt hydropower plant in the country's west for export of electricity to its southern neighbor, a move expected to encourage foreign investors seeking to develop hydropower projects here.

    Officials from Nepal Investment Board and India's GMR Energy Ltd., which will develop the Upper Karnali Hydropower Project under a 25-year build-own-operate-transfer scheme, signed agreement in Kathmandu in the presence of Nepalese Prime Minister Sushil Koirala and Indian Home Minister Rajnath Singh, who called it a historic moment in the relations between the two nations.

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