July 28 (Reuters) - TransAlta Renewables Inc RNW.TO -
* TransAlta Renewables announces commissioning of the South Hedland power station and a 7pct dividend increase
* Approved an increase in dividend of $0.06 per year or approximately 7pct
* TransAlta Renewables Inc says South Hedland power station is expected to contribute approximately $80 million of EBITDA on an annualized basis