Interest Rate

Home>Topics>Interest Rate
Refine Results
  1. All
  2. Articles
  3. Online Articles
  4. Magazine Articles
  5. Videos
  1. Work to resume at 60-MW Upper Trishuli 3A hydropower plant in Nepal

    Work is expected to resume in the near future at the headworks for the 60-MW Upper Trishuli 3A hydropower project located on the Trishuli River in the Nuwakot and Rasuwa districts of Bagmati zone in central Nepal, according to published reports. The project’s headworks are located at Salletar, 20-km north of Trishuli bazaar and construction on the project began fiscal year 2010-11. According to several published local reports, during the week of Jan. 1, the Nepal government directed the Nepal Army to repair the access road to the headworks and place structural protections around the site. The types of protections being placed around the site are not immediately available. The cost to implement the protections and the cost to repair the access road have not been publically released. A date has not been released for construction to resume on the headworks at the project. Construction at Upper Trishuli 3A stopped on April 25, 2015, after a 7.9 magnitude earthquake in Gorkha district of north-central Nepal. That seismic event and an additional earthquake on May 12 destroyed a 5-km-long section of the access road to the surge shaft, headworks, 11-kV transmission line and construction equipment. Road access to the project’s powerhouse has been opened, but the road to the surge shaft and headworks remains impassable to necessary construction equipment and personnel, according to the project’s developer, China Gezhouba Group Company Ltd. (CGGC) . The government of Nepal and the China Export-Import (Exim) Bank signed a memorandum of understanding on the transmission line and bay extension for the project in May 2011, according to the state-owned Nepal Electricity Authority, which owns the project. In August 2011, a Chinese delegation and Nepal's government signed an agreement for the provision of a soft loan estimated at US$115 million. The concessional loan has a 1.75% annual interest rate, payable over a 25-year period including a 5-year grace period, according to published documents. The government of Nepal, pre-earthquake, estimated the total cost of the project at $126 million. A project status contract for civil, electro- and hydro-mechanical works was signed on May 28, 2010, with CGGC for $89 million. Current government figures say earthquakes and aftershocks at that time killed about 9,000 people and injured another 22,000 in and around Barpak, a village in Gorkha district.

    Online Articles

    Online Articles

    Mon, 30 Jan 2017

  2. MARKET WATCH: Crude oil prices wavering on OPEC talk, US inventory

    Light, sweet crude oil prices for March delivery rose modestly on the New York market Jan. 24 as did Brent crude oil prices on the London market, but the US crude benchmark fell in early trading Jan. 25 pending release of the weekly US oil and products inventory report.

    Online Articles

    Online Articles

    Wed, 25 Jan 2017

  3. MARKET WATCH: US interest rate hike pushes down oil prices

    Crude oil prices on markets in New York and London fell by almost $2 on Dec. 14 and the decline continued into Dec. 15 in a reaction to the US Federal Reserve’s decision to lift interest rates and a resulting stronger US dollar.

    Online Articles

    Online Articles

    Thu, 15 Dec 2016

  4. MARKET WATCH: Crude prices up again on rising confidence for output limits

    Crude oil futures contracts for front-month delivery on the New York Mercantile Exchange fell slightly on Dec. 15 following news of interest rate hikes by the US Federal Reserve. But prices were gaining again early on Dec. 16 as analysts and traders showed increasing confidence that output limits ...

    Online Articles

    Online Articles

    Fri, 16 Dec 2016

  1. MARKET WATCH: NYMEX oil prices climb modestly on Yellen’s interest -rate comments

    Online Articles

    Online Articles

    Fri, 25 Sep 2015

  2. Interest -rate hike would weaken crude price—but how much?

    Signs that the US Federal Reserve might boost interest rates this month provide a useful reminder that supply and demand don’t explain everything about oil prices.

    Online Articles

    Online Articles

    Fri, 8 Apr 2016

  3. Pakistani officials oppose proposed interest rate hike for 969-MW Neelum Jhelum hydropower plant

    Pakistani Prime Minister Nawaz Sharif and his cabinet have refused Chinese demands for higher interest rates on a US$576 million loan extended to Pakistan for the 969-MW Neelum Jhelum hydropower project.

    Online Articles

    Online Articles

    Fri, 10 Jul 2015

  4. Silver Run completes acquisition of controlling interest in Centennial Resource Production

    Silver Run Acquisition Corp. has completed its acquisition of an 89% controlling interest in Centennial Resource Production LLC from funds controlled by, and affiliates of, NGP Energy Capital Management LLC.

    Online Articles

    Online Articles

    Tue, 11 Oct 2016

  5. Mozambique gas plant under construction

    Mozambique has commenced building a $180m gas-fired power plant expected to add 106 MW of electricity to the national grid.

    Online Articles

    Online Articles

    Fri, 18 Nov 2016

  6. Ontario Power Generation wraps up financing for Lower Mattagami hydro projects

    Ontario Power Generation (OPG) said Oct. 7 that it has reached the financial close of a C$220 million private placement bond offering to complete the financing for the completed redevelopment and expansion of four hydroelectric stations on the lower part of the Mattagami River.

    Online Articles

    Online Articles

    Mon, 17 Oct 2016

  7. MARKET WATCH: Crude oil price slips lower as China raises interest rate

    Energy commodity prices were mixed July 6, with crude slipping lower in the New York market after the People's Republic of China announced another increase in the yuan benchmark interest rate as of July 7 ahead of the official June consumer price index (CPI) data release on July 15.

    Online Articles

    Online Articles

    Thu, 7 Jul 2011

  8. Atlas enters into five-year term loan agreement

    Atlas Energy Group LLC has entered into an agreement for a new term loan facility maturing in August 2020, which will refinance Atlas Energy's existing term loan and will have an initial balance of $82.7 million at an interest rate of LIBOR (floor of 1%) plus 7%.

    Online Articles

    Online Articles

    Tue, 11 Aug 2015

Get More Results