UK utility firm Rurelec secures $7.2m in funds for Peruvian hydro project
UK-based power producer Rurelec has secured credit facility of $7.2m from Inter-American Investment Corporation (IIC) to finance the construction of Canchayllo hydroelectric project in...
Indian states Orissa, Andhra Pradesh to develop 180MW hydro projects
Indian states of Odisha and Andhra Pradesh have formed INR6.5bn ($111.8m) hydro power venture to develop a 60MW hydro project and renovate a 120MW...
PHYDO seeks approval for 19.6MW hydroelectric projects in Pakistan
The National Electric Power Regulatory Authority (NEPRA) of Pakistan has received applications from Pakhtunkhwa Hydel Development Organization (PHYDO), for the construction of two small...
Voith secures €58m refurbishment contract for Inga I hydro project in Congo
German engineering company Voith has been granted €58m contract to refurbish Inga I hydropower station in the Democratic Republic of Congo. ...
Ethiopian hydro project will not affect Sudan, Egypt: expert panel claims
African countries Sudan and Egypt are not likely to be affected with the development of $4.2bn Ethiopian hydro project being carried out on Nile...
Lesotho, South Africa collaborate to develop $1.3bn hydro project
The Government of Lesotho has signed an agreement with South Africa, which will see the latter providing funds of SAR12bn ($1.3bn) for a...
Tajikistan to build six small-scale hydro projects in 2013
The federal government of Tajikistan is outlining plans to build six small-scale hydropower plants in the country by the end of 2013. ...
Mitsui & Co to acquire 20% stake in Brazilian hydro project for €2.2bn
Japanese conglomerate Mitsui & Co is set to acquire 20% stake in 3,750MW Jirau hydro power plant in Brazil from electric utility firm...
German bank to grant $23.5m for revival of two hydro projects in Mozambique
German development bank Kreditanstalt fur Wiederaufbau (KfW) said it will grant funds of $23.5m power to the company Electricidade de Mozambique (EdM) to...
SSE to invest £30m for hydro project following Scottish government’s consent
UK-based energy generation company SSE is set to invest £30m to develop its 7.5MW Glasa hydro-electric project in Ardross, Ross-shire following the clearance...
