Skanska, a Swedish construction company, has received an order from Statkraft Energi worth NOK 508 million ($55.44 million) for the modernization of the Gråsjø and Trollheim hydroelectric power plant dams in Norway. Under the contract, Skanska will be responsible for the refurbishment and upgrade of four dams and a flood gate. The dams are used […]
The Nordic Investment Bank (NIB) has approved a 10-year loan to Norwegian energy group Agder Energi to increase hydropower efficiency and install a new turbine at an existing hydro power plant in Agder, Norway. The NOK600 million (€59.39 million) loan will be used for renewing the Åseral Nord hydropower project located along the Mandal watercourse. The […]
The Gordon Butte pumped storage hydro project in Montana has attracted investment from a Dutch fund management company. Copenhagen Infrastructure Partners (CIP), through Copenhagen Infrastructure III (CI III), has agreed to become a lead equity investor in the project. The 400MW Gordon Butte pumped storage hydro project is currently in an advanced stage of development. […]
Tractebel has bagged a contract from the Water & Power Development Authority of Pakistan (WAPDA) for the 2,160MW DASU hydropower project to be built along the Indus River in Pakistan. Under the contract, Tractebel will be responsible for providing monitoring consultancy services for the implementation of the Pakistani hydropower project, which will come up 7km […]
Future Generation – a joint venture between Salini Impregilo and Clough, has bagged a contract worth AUD 5.1 billion (€ 3.228 billion) for the civil works and the electromechanical component of the Snowy 2.0 project, a 2GW pumped hydro project in New South Wales, Australia. Snowy 2.0 project contract The Snowy 2.0 project involves the […]
GE Renewable Energy has been awarded an $87 million worth contract by Nachtigal Hydro Power Company (NHPC) to supply seven 60MW Francis turbines for the 420MW Nachtigal hydropower plant to be built with an investment of $1.35 billion. Nachtigal hydropower plant The new hydropower project in Cameron will be owned and operated by NHPC, which […]
Tajikistan’s state-owned power utility Barki Tojik has secured a funding of $88 million from the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) for the rehabilitation of the Qairokkum hydropower plant (QHPP) in the Central Asian country. A full rehabilitation of the Qairokkum hydropower plant will support the country’s electric […]
BHEL has fully commissioned the INR5783.17 crore ($864 million) Kishanganga hydro power plant in Jammu & Kashmir, owned by NHPC, by placing the third 100MW unit into operations. The three units, each of 110MW, are now into operations, with a capability of generating 1,350 million units of clean electricity annually. The Kishanganga hydro power plant […]
Bharat Heavy Electricals Limited (BHEL) has commissioned the first 110MW unit of the 330MW Kishanganga hydro power plant in Jammu & Kashmir being developed by NHPC. The Kishanganga hydro electric project (HEP) is being built in Bandipora district on River Kishanganga, a tributary of the Jhelum River with an investment of INR5783.17 crore ($864 million). […]
Aecon in consortium with Flatiron Constructors Canada, Dragados Canada, and EBC (together called as the AFDE Partnership) has bagged a major contract of CAD 1.6 billion ($ 1.22 billion) for BC Hydro Site C project in Canada. The BC Hydro Site C project, also known as the Site C Clean Energy Project, is a dam […]