International Practices on Foreign Investment in Hydropower
Santosh Giri, 7/20/2014
Page 2 of 3 | Bibeksheel Nepali
A group of nongovernmental organizations from Southeast Asia recently teamed up to urge China to immediately halt its construction of a hydroelectric dam in Cambodia -- another case of local opposition to China's overseas energy investments. The project is set to be built in Cambodia's Stung Treng province with a production capacity of 400 megawatts. Known as the Lower Sesan II Dam, it is scheduled to launch resettlement and construction work this year, with clearing for the dam's 130-square-mile reservoir already underway.
Lao People's Democratic Republic (Lao PDR)
receiving Foreign Direct Investment (FDI) mainly in hydropower sector which comparing by sector from the year of 2000-2010, hydropower sector accounted more than thirty three percents of total FDI (MPI, Laos). Today, more than 70 hydropower projects are under development  , and the electricity sector makes up an important part of the export industry in Laos. Thus it has played an essential role in the rapid economic growth of Lao PDR.
No other industrialized country relies on hydropower for its own power generation as much as Norway. Norwegian companies build hydropower dams around the world, including controversial projects like the Theun Hinboun Dam in Laos. Also invested in Chile, Philippines, Indonesia and Ethiopia
Vietnams total hydropower potential of about 17- 18000 MW is close to fully exploited. Power generation capacity should be increased up to 28,000-35,000 MW by 2020
Chinese investment company Sino-Tia-Cheng Group has offered investment in hydropower schemes in Khyber Pakhtunkhwa, specially in power houses projects of Shozhosin (132MW) and Sharmai (120MW) in Chitral.
Guyana, the “land of many waters”, is rich in hydro resources and deserves to benefit from its
own natural wealth. The Amaila Hydropower Project will bring reliable, affordable electricity to Guyana, spurring jobs and economic growth, while expanding the country's infrastructure. The Amaila Hydropower Project is led by the Sithe Global Group, a leading U.S.-based international energy company. Sithe Global's core management team has successfully developed or acquired over 80 power plants in 10 countries totaling over 19,000 MWs of installed capacity.
Tajikistan seeks foreign investment in hydropower, but snubs Russia. Over the last several
years, Russian companies seeking to exploit Tajikistan’s hydropower resources have not fared
well, drawing the ire of Emomali Rahmon himself. Russian companies were involved in the construction of two sorely needed new hydroelectric power stations, the Sangtuda-1 and Roghun projects.
At present, Tajikistan’s hydroelectric power facilities have the capacity to
produce a maximum of only 16.5 billion kilowatt hours annually, although it is estimated that at normal water levels, the c
ountry’s rivers have the potential to produce 300 billion kilowatt
hours per year.
Angola Announces Infrastructure Projects To Attract Foreign Investment. After Angola missed its foreign investment target because spending on road and hydropower projects lagged behind, the country has decided to invest in projects ranging from ports to airports to lure
greater funding, according to Angola’s investment agency
said. Angola is expected to attract $4 billion a year in non-oil international investments by 2017
Zimbabwe starts paying Zambia debt to enable hydropower project. Joint venture to produce 1,600 MW. The two southern African countries have started preliminary work on the Batoka power project, estimated to cost $2.5 billion, and expected to be built and operated by a private company for a period of years before transferring ownership to the two states.
Subsidized Energy Deters Investment in Renewable