Vietnamese group builds hydroelectric power plant in Laos

The Saigon Invest Group of Vietnam (SGI) has engaged in a contract with Laos to develop the Nam Sum hydroelectric power project in the province of Huaphane.

The contract was signed in Vientiane on September 19 by Lao Deputy Minister of Planning and Investment Thongmy Phomvixay and Ngo Tuan Dung, General Director of SGI Lao Hydroelectric JSC, which was set up by the group to pool resources for the implementation of the project.

With a design capacity of 288 MW, the project will be built at an estimated cost of nearly US$450 million.

Scheduled for operation in 2016, the plant will generate 1,000 GWh each year, of which 85 percent will be transmitted to Vietnam and the remainder to local ties in Laos.

As part of Vietnam’s electric development plan for 2011-2012 and the following years, this major project will significantly contribute to meeting power demand in the two countries. – VOV

Tags: Nam Sum hydroelectric power project

Posted by VBN on Sep 20 2011. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry