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BHEL to supply electro-mechanical equipment for 720MW hydroelectric project in Bhutan

Bharat Heavy Electricals Limited (BHEL) has been selected to supply the electro-mechanical equipment for the 720MW Mangdechhu hydroelectric project in Bhutan. Scope of the contract encompasses manufacture, supply, erection and commissioning of the electro-mechanical...

Duke Energy acquires 140MW hydroelectric portfolio in Chile

Duke Energy International (DEI), a subsidiary of Duke Energy Corporation, has purchased Iberoamericana de Energía Ibener (Ibener) in Chile for $415m. The acquisition enhances DEI's hydroelectric portfolio with the addition of Peuchén and Mampil...

Brookfield Renewable purchases 19 hydroelectric stations in US

Brookfield Renewable Energy Partners has signed the agreement to acquire a portfolio of 19 hydroelectric generating stations totaling a capacity of 351MW in US from a subsidiary of NextEra Energy Resources. Situated on the...

Indonesian state utility selects ANZ bank to assist with three hydro projects

Indonesian State-owned electricity distributor Perusahaan Listrik Negara (PLN) has selected Australia and New Zealand Banking Group (ANZ) to aid the development of three large-scale hydropower plants. ANZ will act as the financial consultant for...

Verbund to acquire eight hydro power plants in Germany

Austrian electricity company Verbund will purchase eight hydroelectric plants from E.ON Renewable in Germany. The eight hydropower plants are located on the Inn and Danube Rivers and the purchase will enhance Verbund's average annual...

HOCHTIEF to construct Alto Maipo hydropower plant in Chile

Germany-based construction services company HOCHTIEF Solutions and a collaborating partner will construct the 531MW Alto Maipo hydropower plant in Chile. Construction of the hydropower plant is estimated to entail a total cost of €215m...

ADB to provide $315m for large hydroelectric project in India

The Asian Development Bank (ADB) signed a loan agreement with the Government of India to offer $315m in assistance for the development of the Shongtong Karcham Hydroelectric Project. The 450MW project is located in...

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