GMR Londa Hydro Power has sought Central Electricity Authority concurrence for its 225 MW Talong Londa hydroelectric project. The project in Arunachal Pradesh, is expected to be commissioned by October 1, 2019 at a total cost of Rs. 1743.07 crore. This estimate does not include interest during construction and financing cost. The project has been put up for consideration of Central Electricity Authority for accord of concurrence at the estimated cost.

Sichuan Minjiang Hydropower Co., Ltd - A Share (SS:600131), Shanghai's 40th largest energy company by market capitalisation, lifted 24.0 fen (or 4.3%) over the past three trading days, after rising 0.7% on Thursday, 1.4% on Friday and 2.1% on Monday to close at CNY5.80. Compared with the SSE 180 Index, which rose 44.5 points (or 0.8%) on the day, this was a relative price change of 1.3%.

Bullish Signals

Uptrend

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.

Guangdong Meiyan Jixiang Hydropower Co., Ltd. (SS:600868) rose 1.0 fen (or 0.4%) on high volume to close at CNY2.57. Compared with the SSE 180 Index, which rose 44.5 points (or 0.8%) on the day, this was a relative price change of -0.4%. The stock rose for a fourth consecutive day on Monday bringing its four-day rise to 9.0 fen or 3.6%. The volume was 0.6 times the average trading of 38.4 million shares.

Bullish Signals

Chilime Hydro power Co. (NEPSE:CHCL) rose NPR3.0 (or 0.3%) on high volume to close at NPR1,133.0. Compared with the Nepse Index, which rose 0.1 points (or 0.02%) on the day, this was a relative price change of 0.2%. The stock rose for a fourth consecutive day on Monday bringing its four-day rise to NPR53.0 or 4.9%. Trading volume was 46% lighter than average.

Vinh Son - Song Hinh Hydropower Joint Stock Company (HOSE:VSH), Vietnam's 2nd largest electric company by market capitalisation, closed unchanged at VND13,500.0. Compared with the VN Index, which rose 4.7 points (or 1.0%) on the day, this was a relative price change of -1.0%. The volume was 2.2 times the average trading of 489,059 shares. The stock was unchanged for a second day on Monday.

Bullish Signals

Himachal Pradesh, India, May 20 -- Satluj Jal Vidyut Nigam Ltd. has a requirement for "Installation of High Mast Lighting System at Dam site Nathpa of 6X250 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh."

New Delhi: An inter-ministerial group on disinvestment, which is scheduled to meet today, is about to consider 11.36% stake sale in NHPC Ltd, an Indian hydro power generation company, media reports said.

Thac Ba Hydropower Joint Stock Company (HOSE:TBC), Vietnam's 3rd largest electric company by market capitalisation, lifted VND400.0 (or 2.9%) to close at VND14,400.0. Compared with the VN Index, which rose 4.7 points (or 1.0%) on the day, this was a relative price change of 1.9%. The volume was 4.7 times the average trading of 6,248 shares.

Bullish Signals

Haitian Hydropower International Ltd. (HK:08261) lifted 3.2% after hitting the lower Bollinger Band twice in the last ten days. This is a bullish signal. The lower Bollinger Band marks the trajectory of support on a stock price. Compared with the Hang Seng Index, which rose 399.5 points (or 1.7%) on the day, this was a relative price change of 1.4%.

Bullish Signals

In 2009, Coenraad van Blerk, a director of Green Hydro Power, obtained a patent from the South African patent office for an "electricity generating arrangement" but two years later Rand Water put out a tender for what he has claimed is the same thing.

At stake for Rand Water is a tender to build four hydropower plants on Johannesburg's vast hydraulic network, which could generate R43-million worth of electricity each year.

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

Indian inter-ministerial panel on disinvestment is scheduled to meet Monday to consider 11.36 percent stake sale in hydel-power generation company NHPC, which could fetch government around Rs 2,400 crore. The meeting to decide about disinvestment of National Hydroelectric Power Corporation (NHPC) will be held tomorrow, official sources said. After the approval of Inter-ministerial Group (IMG), the Department of Disinvestment will float request for proposal (RFP) for appointment of merchant bankers and legal advisors.

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.

Krasnoyarsk Hydro-Power Plant (MICEX:KRSG), Russia's 11th largest electric company by market capitalisation, sank RUB3.57 (or 5.6%) from its last traded date of May 13, 2013 to close at RUB60.38. Compared with the MICEX Index, which rose 5.5 points (or 0.4%) on the day, this was a relative price change of -6.0%. The volume was 0.1 times the average trading of 3,128 shares.

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