India

The International Finance Corporation may help an Indian power-saving solutions firm named Ecolibrium Energy raise up to US$ 1.5 million.

Russia wants to be awarded the construction contract for the $13 billion Diamer Bhasha Dam without resorting to international competitive bidding.

Unpredictable winds are creating a headache for wind power distribution companies in Rajasthan.

Welspun Energy has raised about Rs3.55bn or $64.11 million to fund a 50MW solar photovoltaic project in Rajasthan.

Technological advancements, is changing the way or rather simplifying the way electricity is measured and communicated to both producers and consumers. One such advancement gaining ground, across the world, is the use of Smart Metering technologies in the power sector.

The government of Pakistan will convert two inefficient thermal power plants in Sindh into being coal-fired through a $433 million financing to be provided by the Asian Development Bank.

Bharat Heavy Electricals Limited will hire 5,000 personnel in the next 5 years for posts ranging from artisans to plant engineers and management executives.

India’s national initiative to promote renewable energy has boosted its photovoltaic capacity by 255MW and its concentrated solar power capacity by 2.5MW.

NSL Renewable Power will set up a 75-MW wind power project in the Satara District of Maharashtra.

BHEL has come under the scanner yet again for delaying the implementation of two thermal projects in Uttar Pradesh.

With power shortage increasing continuously in the face of rising consumer demand, the government has decided to seek financing from China for the mega $13 billion Diamer Bhasha Dam with power production capacity of 4,500 megawatts and also take loans from domestic commercial banks by offering guarantees.According to sources, Prime Minister Raja Pervez Ashraf will place a request before his Chinese counterpart during the visit on September 10 for financing the Diamer Bhasha Dam, for which multilateral donors including the World Bank and Asian Development Bank (ADB) had sought no-objection certificate (NOC) from India due to the dam "being situated in a disputed territory". The decision to approach China was taken in a meeting held at the Planning Commission last month as Beijing had wide experience of building large dams, a senior government official said. During the meeting, different options were considered for arranging capital for the dam, which is vital for wiping out most of the gap between electricity demand and supply in the country. In the meeting, the government officials also decided to borrow money from banks with 50% guarantees to be provided by the central government and the remaining by the Water and Power Development Authority (Wapda).

Entrepreneurs in Bangladesh want solar power to be included in the national grid to utilize nearly 200 mw capacity solar plants that are underutilised.

Bangladesh will build another nuclear power plant in the Southern region after the Rooppur nuclear power plant.

First Solar will supply thin-film solar modules for a 25MW power project developed by Green Infra in the Indian state of Rajasthan.

Bangladesh's Rural Electrification Board will put up a Tk 54.13 billion mega project to bring 1.8 million more rural people under electricity coverage by 2015.