User: subbu Topic: narmada
Category: dam-funding :: WB
Last updated: Mar 27 2015 24:41 IST RSS 2.0
 
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‘Green’ dam linked to killings of six indigenous people in Guatemala 26.3.2015 Guardian: Environment

Indigenous people are being ‘terrorised’ after protests against a mega-dam backed by European development banks, whose carbon allowances will be tradable on the EU’s emissions trading system

A planned mega-dam in Guatemala, whose carbon credits will be tradable under the EU’s emissions trading system, has been linked to grave human rights abuses, including the killing of six indigenous people, two of them children.

Several European development banks and the World Bank’s International Finance Corporation (IFC) have provided funds for the $250m (£170m) Santa Rita dam.

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Tata Power's global collaboration for power project in Georgia 25.3.2015 Sify Finance
/Kolkata, March 24 (IANS) Indian electric utility company Tata Power on Tuesday said it has completed the financial closure to develop a hydel-power project in the Adjaristsqali river in the southwestern European nation of Georgia alongwith two other companies.
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Tata Power's global collaboration for power project in Georgia 24.3.2015 TOI: India Business
Indian electric utility company Tata Power on Tuesday said it has completed the financial closure to develop a hydel-power project in the Adjaristsqali river in the southwestern European nation of Georgia alongwith two other companies.
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Tata Power's global collaboration for power project in Georgia 24.3.2015 New Kerala: Business India
Read Full story of 'Tata Power's global collaboration for power project in Georgia' at newkerala.com.
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Tata Power's global collaboration for power project in Georgia 24.3.2015 All News-IANS Stories
Indian electric utility company Tata Power on Tuesday said it has completed the financial closure to develop a hydel-power project in the Adjaristsqali river in the southwestern European nation of Georgia alongwith two other companies.
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Ministry of New and Renewable Energy requests all states to come out with a solar policy 19.3.2015 ET: Power
In a separate question, Goyal informed that World Bank had shown interest to finance solar park in Andhra Pradesh.
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World Bank admits botched resettlement policy 5.3.2015 FirstPost: World

WASHINGTON (Reuters) - The World Bank admitted on Wednesday that it had no idea how many people may have been forced off their land and lost their jobs due to its projects in developing countries, and whether these people were compensated fairly and on time.

The post World Bank admits botched resettlement policy appeared first on Firstpost.

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YES Bank floats first green infra bond for Rs 500cr 17.2.2015 TOI: India Business
YES Bank has succeeded in floating the country’s maiden green infrastructure bond issue for Rs 500 crore, against which it has received commitments of over Rs 450 crore at sub-9% interest rates.
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Pursuing development: The perils of the beaten track 27.1.2015 India Together - Economy

The report of the Kelkar Committee on balanced development in Maharashtra has important recommendations. But will it all come to nought because of its failure to avoid some conventional pitfalls? Shripad Dharmadhikary explores.

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Crime and empire 21.1.2015 FrontLine: Economy
BOOK buyers in the United States have obviously been lapping up the hardback authored by John Perkins titled Confessions of an Economic Hit Man. The book, which was published in November 20...
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Experts inspect stability of dam 10.1.2015 The Hindu: Today's Paper
Experts inspect stability of dam
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Experts inspect stability of dam - The Hindu 10.1.2015 dam - Google News
Experts inspect stability of dam The Hindu As part of the World Bank-funded Dam Rehabilitation and Improvement Project (DRIP), an official from the Central Water Commission and a consultant inspected the Stanley Reservoir in Mettur here on Friday. Accompanied by dam engineers, the ...
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World Bank agrees to give USD 46m for Nepal's Kabeli hydro project 25.11.2014 New Kerala: World News
Kathmandu, Nov.25 : The Government of Nepal and the World Bank (WB) have signed a USD 46 million loan and grant agreement for the Kabeli Hydroelectric Project despite the Commission for the Investigation of Abuse of Authority (CIAA) ordering termination of its licence.
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World Bank agrees to give USD 46m for Nepal's Kabeli hydro project 25.11.2014 Sify Finance
The Government of Nepal and the World Bank (WB) have signed a USD 46 million loan and grant agreement for the Kabeli Hydroelectric Project despite the Commission for the Investigation of Abuse of
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Healing Begins for the Maya Achi People of Guatemala 18.11.2014 International Rivers Sitewide RSS Feed
Portrait of Carlos Chen at the Pacux resettlement village in the outskirts of Rabinal. Photo by James A. Rodríguez/MiMundo.org. Cannot be reproduced without permission. On Saturday, March 13, 1982, a young Maya Achi man named Carlos Chen’s life was forever altered. That day, he painfully learned that his wife Paulina Iboy, children Enriqueta and Antonio, and sisters Marta Julia and Bernarda, had been viciously massacred. They – along with many others – were brutally tortured and murdered, then their bodies were thrown in a nearby creek and a mass grave. Their crime? Living on land the military dictatorship wanted to flood for a hydroelectric dam. By the time the Chixoy Dam was completed in 1985, more than 400 Maya Achi people had been massacred, thousands more displaced, and the livelihoods of 11,200 families subverted. The survivors of the massacre were eventually moved to a village built for the displaced people, named Pacux. But their living conditions have always been bad, and they’ve lacked access ...
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World Bank team inspects dams 14.11.2014 The Hindu: Today's Paper
World Bank team inspects dams
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Theun – Hinboun Power Company’s Monitoring System Still Shrouded in Secrecy 27.10.2014 International Rivers News RSS Feed
By:  Tanya Lee In May 2014, the General Manager of the Theun - Hinboun Power Company (THPC), Mr. Robert Allen, was appointed as chair of the Lao Hydropower Developers’ Working Group . The Working Group, which is a platform for dam companies established by the World Bank Group’s International Finance Corporation and the Lao National Chamber of Commerce and Industry, aims to support companies to “develop hydropower that meets environmental and social best practices” and “improve environmental and social risk management.” Yet, despite Mr. Allen assuming a leadership position in the Working Group, his own company has yet to follow international standards and principles of accountability.  THPC’s 220MW Theun-Hinboun Expansion Project (THXP) began operations in December 2012 and was built as an addition to the original 220 MW Theun-Hinboun Hydropower Dam in central Laos. It effectively doubles the amount of water diverted into the Hai and Hinboun rivers, exacerbating downstream erosion, flooding and ...
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Ganga Rejuvenation Must Go Beyond Lip Service 18.10.2014 International Rivers Sitewide RSS Feed
Bharat Lal Seth Citizens congregating on the banks of the Ganga The rejuvenation of the Ganga figured prominently in the manifesto of the Bharatiya Janta Party, which took over the reins of power in May earlier this year. To show the party’s commitment to restore the Ganga, the Prime Minister elect (Narendra Modi) stood for elections from Varanasi, considered the holiest city along the banks of the river. He referred to the river as his mother and bowed in reverence. The symbolism didn’t stop there. The title of ‘Ministry of Water Resources’ was suffixed with the additional tag of ‘River Development and Ganga Rejuvenation.’ Political and media pundits saluted the initiative.  The Government even committed itself to maintain aviral (uninterrupted) flow, which gave environmentalists a flicker of hope that this initiative would be different from the Ganga Action Plan, launched in mid-1980 and widely considered an abject failure. At the time, the action plan sought to solely invest in the sewer network and ...
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Nepal, India agree on proper utilisation of water resources 17.10.2014 ET: Power
The power projects being developed in Nepal should first benefit Nepal and its people and India is ready to provide any help in this regard.
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CSOs object construction of Dibang Dam in Arunachal 14.10.2014 Manipur: E-Pao
CSOs object construction of Dibang Dam in Arunachal
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