Thac Mo Hydro Power Joint Stock Company (HOSE:TMP), Vietnam's 3rd largest energy company by market capitalisation, jumped VND900.0 (or 6.9%) to close at VND14,000.0. Compared with the VN Index, which rose 7.9 points (or 1.6%) on the day, this was a relative price change of 5.3%. The volume was 0.6 times the average trading of 2,562 shares.

Bullish Signals

Uptrend

Guangdong No.2 Hydropower Engineering Co - A Share (SZ:002060), Shenzhen's 37th largest energy company by market capitalisation, increased 2.0 fen (or 0.4%) to close at CNY5.26. Compared with the SZSE 100 Index, which rose 40.7 points (or 1.2%) on the day, this was a relative price change of -0.8%. The volume was 0.9 times the average trading of 5.3 million shares. The stock advanced for a fifth consecutive day on Tuesday.

Bullish Signals

Uptrend

Central Hydropower JSC (HNU:CHP), Vietnam's 4th largest energy company by market capitalisation, lifted VND200.0 (or 2.9%) to close at VND7,200.0. Compared with the VN Index, which rose 7.9 points (or 1.6%) on the day, this was a relative price change of 1.2%. The volume was 4.1 times the average trading of 7,075 shares. The stock rose for a second day on Tuesday bringing its two-day rise to VND300.0 or 4.3%.

Bullish Signals

Gia Lai Hydropower JSC (HNU:GHC), Vietnam's 8th largest energy company by market capitalisation, increased VND100.0 (or 0.4%) from its last traded date of May 17, 2013 to close at VND26,100.0. Compared with the VN Index, which rose 7.9 points (or 1.6%) on the day, this was a relative price change of -1.2%. The volume was 1.1 times the average trading of 2,018 shares.

Bullish Signals

Uptrend

The board of directors of top Russian hydropower company RusHydro has recommended paying 0.00955606 rubles per share, or a total of 3.676 billion rubles, in dividends for 2012, the company said late on Monday.

Nam Mu Hydropower Joint Sock Company (HNX:HJS), Vietnam's 10th largest electric company by market capitalisation, lifted VND300.0 (or 3.8%) over the past two trading days, after rising 1.3% on Monday and 2.5% on Tuesday to close at VND8,200.0. Compared with the VN Index, which rose 7.9 points (or 1.6%) on the day, this was a relative price change of 0.9%.

Bullish Signals

Uptrend

Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 40th largest energy company by market capitalisation, traded at its 56-day high of CNY5.85. The stock rose for a fourth consecutive day on Tuesday bringing its four-day rise to 27.0 fen or 4.9%. The stock price increased 3.0 fen (or 0.5%) to close at CNY5.83. Compared with the SSE 180 Index, which fell 8.7 points (or 0.2%) on the day, this was a relative price change of 0.7%. The volume was 0.9 times the average trading of 7.2 million shares.

Bullish Signals

Uptrend

Southern Hydropower JSC (HNU:SHP), Vietnam's 12th largest engineering & construction company by market capitalisation, lifted VND300.0 (or 3.9%) to close at VND7,900.0. Compared with the VN Index, which rose 7.9 points (or 1.6%) on the day, this was a relative price change of 2.3%. The volume was 0.1 times the average trading of 9,969 shares.

Bullish Signals

Uptrend

A postal ballot on whether to go ahead with a community owned hydro project in Wester Ross has been postponed.

The ballot on the scheme near Ullapool was originally planned for May 20, but Ullapool Community Trust, which is leading the project, is keen to take more time to address the points raised at an open meeting held in Ullapool Village Hall in April.

Papers will now be sent to voters who live between Elphin and Gruinard on June 10.

Nam Mu Hydropower Joint Sock Company (HNX:HJS), Vietnam's 8th largest electric company by market capitalisation, traded between an intraday low of VND7,800.0 and a high of VND8,000.0. The price range has expanded in the last two days (from VND100.0 two days ago to VND200.0 today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 3.0% places the stock in the 3rd quartile in the market meaning it is mildly volatile. Today its volatility (highest price minus lowest price/lowest price) of 2.6% was 1.4 times the average daily volatility of 1.9%, up from 1.3% on Friday and 1.3% on Thursday. A price rise on high volatility is a bullish signal. The stock price increased VND100.0 (or 1.3%) to close at VND8,000.0. Compared with the VN Index, which rose 4.7 points (or 1.0%) on the day, this was a relative price change of 0.3%.

Bullish Signals

Uptrend

A spokesman for the Water and Power Development Authority (Wapda) clarified on Friday the confusion created by news reports appearing in a section of press about Wapda's role in electricity load-shedding in the country, stating that as a result of the introduction of the power sector reforms and unbundling of Wapda's Power Wing in 2007, Wapda's mandate now includes only the construction of new dams and hydropower projects and operation and maintenance of the existing hydel power stations.

Development of hydropower industry in Kyrgyzstan stays on the agenda of Government, Permanent Mission of Kyrgyzstan to the United Nations said on May 16 during the thematic debates of UN General Assembly dedicated to Sustainable Development and Climate Change: Practical Solutions in the Energy-Water Nexus. Water is a strategically important natural resource for sustainable social-economic development of Kyrgyzstan due to limited reserves of raw hydrocarbon deposits. “We suppose, development of hydropower industry may assist complex solution of many current and future problems of Central Asian region. Construction of large HPPs should be considered as a mechanism of pure development,” representative of Kyrgyzstan said.

The planned projects are expected to have a power generation capacity range between 300 kW and 1 MW, alongside a cumulative capacity of 2MW, the Ministry of Energy and Industry reported.

The Ministry has planned to locate the projects within Tajikistan's mountainous Gorno-Badakhsha region, according to hydroworld.com.

Meanwhile, the government is seeking funds from a mixture of domestic and foreign investments for the development of projects.

Currently, Tajikistan houses more than 300 small hydro projects, including the 9.5MW Varjob plant completed recently in January 2013.

venue angers activists

Sarawak chief minister accused of felling forests to make way for dams

Agence France-Presse

Kuching, Malaysia

The world hydroelectric industry's decision to meet in a Malaysian state where dams have uprooted rainforests and native peoples is drawing bitter fire from environmental and tribal groups.

The International Hydropower Association's (IHA) four-day biennial meeting to push "sustainable hydropower" opens today in Kuching, the languid capital of Sarawak state on Borneo island, and a highly contentious choice.

TEHRAN (FNA)- The world's largest hydroelectric power station is to be built in the Democratic Republic of Congo.

Can Don Hydro Power Joint Stock Company (HOSE:SJD), Vietnam's 5th largest electric company by market capitalisation, increased VND100.0 (or 0.6%) to close at VND16,000.0, ending a two-day streak of losses. Compared with the VN Index, which rose 4.7 points (or 1.0%) on the day, this was a relative price change of -0.3%. The volume was 0.1 times the average trading of 20,248 shares.

Bullish Signals

Uptrend

The WAPDA is making all possible efforts to complete 969 MW-Neelum Jhelum Hydropower Project according to its construction schedule in 2016. Official sources told media here that the Neelum Jhelum Hydropower Project, besides generating the much-needed hydel electricity, was also of immense importance for Pakistan to establish priority water rights. The project on its completion will contribute 5.15 billion units of low-cost electricity to the national grid every year and its annual benefits have been estimated at about Rs 45 billion, they said.

The Water and Power Development Authority (WAPDA) is making all possible efforts to complete 969 MW-Neelum Jhelum Hydropower Project according to its construction schedule in 2016.

Central Hydropower JSC (HNU:CHP), Vietnam's 4th largest energy company by market capitalisation, increased VND100.0 (or 1.4%) to close at VND7,000.0. The volume was 4.4 times the average trading of 6,990 shares. Compared with the VN Index, which rose 4.7 points (or 1.0%) on the day, this was a relative price change of 0.5%.

The Democratic Republic of Congo (DRC) on 19 May 2013 declared that it will start the work on world's biggest hydroelectric Inga dam on Congo River in October 2015. DRC made the announcement on the construction of the dam in Paris after the talks between the DRC and International officials ended.