Laos: EDL-Generation agrees to purchase electricity from Nam Neun

Laos: EDL-Generation agrees to purchase electricity from Nam Neun

Generation Public Company has signed a Memorandum of Understanding on the
purchase of electricity from the Nam Neun I hydropower plant with three
local concession companies.

The concessionaires are the Vangsub Development and Investment Co., the THB
Group Sole Co Ltd, and the Khongsub Bridge Construction and Engineering
Company.

The Nam Neun I hydropower plant is located in Xieng Khuang Province and has
an installed capacity of 124 MW. It is an investment of about US$300
million.

The 570 Gwh per year of electricity will be sold to the EDL-Generation
Public Company.

The project is expected to begin producing electricity by 2023.

The signing ceremony for the tariff was held in Vientiane Capital last
Saturday between Deputy Director of the EDL-Generation Public Company, Mr
Bounma Manyvong, President of the Vangsub Development and Investment
Company, Mrs Viengvanh Phommary, the President of THB Group Sole Co Ltd, Mr
Tong Homsombath and Director of the Khongsub Bridge Construction and
Engineering Company, Mr Sounthone Sabandith.

The event was witnessed by Minister of Energy and Mines Mr Khammany
Inthilath and relevant officials.

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Link to Original Article: http://kpl.gov.la/En/Detail.aspx?id=14816

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com