JSC RusHydro has secured a US$25 million loan from the Asian Development Bank (ADB) that will be used for the modernization of hydropower projects in Armenia's Sevan-Hrazdan Cascade.

The Indian government has announced its plan to divest a 10% share in state-run hydroelectric power company Tehri Hydro Development Corporation (THDC) India Ltd in an effort to raise US$91 million this fiscal year, HydroWorld.com has learned.

Israeli hydrokinetic developer Eco Wave Power and the Chinese government have signed an agreement promoting economic trade and collaboration between the two parties.

Tajikistan will be home to six new small hydropower plants by the end of the year, according to a release from the country's Ministry of Energy and Industry earlier this week.

China's Ministry of Environmental Protection has approved what could become the country's tallest hydropower plant, despite concerns regarding the project's impact on plants and rare fish.

Capital investment and trading conglomerate Mitsui & Co. has announced it will acquire about 20% equity of ESBR Participacoes S.A., owner of Brazil's 3,750-MW Jirau hydroelectric project, per an agreement with GDF Suez.

Recent transactions by SN Power will better allow it to focus on hydroelectric power development, the Oslo-based company said.

The European Investment Bank (EIB) has agreed to a US$72.3 million loan to the Federal Democratic Republic of Nepal that will help finance the 140-MW Tanahun hydroelectric project.

Nepal's state-owned Hydroelectric Investment and Development Company Limited (HIDC) has been studying the possibility of financing three hydropower projects that will add more than 75 MW of installed capacity to the country's grid, HydroWorld.com has learned.

Pakistan's 147-MW Patrind hydroelectric project has earned status as a clean development mechanism (CDM) under the United Nations Framework Convention on Climate Change, HydroWorld.com has learned.

Engineering consulting firm SMEC and power corporation Hydrochina have signed a memorandum of understanding intended to foster a long-term, cooperative relationship.

Renewable energy developer Gati Infrastructure Limited has commissioned its first of three new hydroelectric projects in India's northeastern state of Sikkim.

Dr. Cecilia Tortaada, President of the Third World Centre for Water Management, recently took time to discuss the International Hydropower Association 2013 World Congress with HRW-Hydro Review Worldwide Chief Editor David Appleyard.