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P2 Solar Signs Agreement to Acquire an Operating Hydro Project in Northern India

P2 Solar, Inc. has signed an MOU to acquire a 9.5 MW small hydro power generation project, Project Barkote 1. P2 has undertaken more than six months of due diligence working with third party engineers, accountants and lawyers to assess the project. Barkote 1 is operating under a PPA (Power purchase… read more →

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Nepal gives Indian firm Green Light for $1 Billion Hydroelectric Plant

Nepal has given an Indian company permission to build a 900 megawatt hydropower plant, government officials said on Monday, as the Himalayan state looks to ease chronic energy shortages by opening up its rivers to its larger neighbour. The two countries will sign an agreement for the $1.04 billion project,… read more →

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NHPC to Build India’s Largest Hydel Power Plant in Arunachal Pradesh

NHPC is gearing up to build India's biggest hydro plant, a 3,000 MW project that is equivalent to about half its current total capacity and three times the size of its biggest unit, even as it brushes off concerns over competition from the private sector. State-owned NHPC recently received approvals… read more →

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EIG to Invest $125 Million in Greenko for India Renewable

EIG Global Energy Partners LLC will invest $125 million in India’s Greenko Group Plc (GKO) to help develop wind and hydropower projects in the country. The funds from the $16 billion Washington-based investment firm will be used to refinance a $70 million loan from Standard Chartered Plc (STAN) due… read more →

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Madhya Pradesh CM urges Piyush Goyal to speed up stalled hydropower project

Madhya Pradesh chief minister Shivraj Singh Chouhan has urged power, coal and renewable energy minister Piyush Goyal to help expedite a Rs 5,000-crore hydropower project in the state that has been in the works since the early 1990s, becoming the second high-profile leader to seek an intervention for… read more →

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Narendra Modi lays foundation stone of Kholongchu hydro-power project

Prime Minister Narendra Modi today laid the foundation stone of the 600 MW Kholongchu Hydro- electric project, a joint venture between India and Bhutan. The project's foundation stone was laid by Modi electronically from the courtyard of Bhutan's Parliament building after addressing a joint session.… read more →

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BHEL commissions 68 MW hydel unit at Himachal Pradesh

State-owned power equipment maker Bhel commissioned 68 MW unit at the Rampur Hydro Electric Project in Himachal Pradesh. "With the commissioning of one more hydro generating unit of 68 MW at Rampur project, Bhel has commissioned four units of the 412 MW hydro power plant of SJVN Limited," Bhel said.… read more →

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Himachal Pradesh govt to re-allot hydropower project in Kinnaur

Himachal Pradesh government is all set to re-allot the controversial 960MW Jangi-Thopan-Powari hydropower project in Kinnaur district. As Himachal Pradesh Infrastructure Development Board (HPIDB) is already examining the terms and conditions of fresh proposal, the matter would be brought before the… read more →

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Government rejects GMR plea to extend ToR validity for hydel project

The Expert Appraisal Committee (EAC) under the Ministry of Environment and Forests has turned down a request by the GMR Group to extend the validity for preparing terms of reference for a hydel power project being set up in Arunachal Pradesh. The EAC while refusing to extend the validity of the terms… read more →

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Alstom commissions NHPC's Uri project in Jammu & Kashmir

Power gear maker Alstom announced the commissioning of state-owned NHPC's 240 MW Uri-II hydroelectric project in Jammu & Kashmir. "Alstom has commissioned NHPC's Uri II hydropower project after availability of full water for running all the four units of the project," the company said. The four units… read more →

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