After almost a decade of stagnancy due to issues like environmental concerns, huge costs and viability issues, hydro power generation may soon see a revival.
Bullish on the Indian economy, Russia’s sovereign wealth fund RDIF plans to invest in the country’s infrastructure and technology sectors, according to a senior official.
India has the potential to more than triple its trade with its South Asian neighbours to $62 billion against its actual trade of $19 billion, said a World Bank report released here on Monday.
The Seraghat Hydro Power Project in Uttarakhand’s Pithoragarh suffered severe damage on Monday after a cloudburst hit nearby Balati in Munsiari area. The sources say that the cloudburst has damaged the hydro project’s dam
Himachal Pradesh’s plans to harness hydropower in a big way have received a jolt with investors reluctant to take up projects. The directorate of energy had invited global bids for 28 hydropower projects on a build own operate and transfer (BOOT) basis with June 19
The true cost of hydro power… is not money but time,” writes editor and author Prem Shankar Jha in his latest book, Dawn of the Solar Age. Environmentalists and human rights activists protest hydro projects across the country, and as Jha points out, wind, solar PV, and solar thermal power today provide viable alternatives.
In a bid to boost the Jammu and Kashmir economy, the Mehbooba Mufti-led government is all set to host in July-end its first ever “global investors meet”, aimed at harnessing hydro power potential of 20,000 mega watts in the state.
Thanks to an acute summer, the water storage level across 91 major hydro reservoirs in India has plummeted to 17 per cent, lower than the 21 per cent storage recorded last year at the same time and below also the last ten years average storage of 19 per cent.
Net profit at Montenegro’s power utility Elektroprivreda Crne Gore (EPCG) soared in the first quarter to 30.8 million euros ($36 million), boosted by healthy power generation, the utility said on Wednesday.
AES Gener in Chile on Tuesday announced a more than $3 billion plan to restructure its Alto Maipo hydroelectric project as it seeks to revive the venture following a series of setbacks last year.