Deal #6518

Lao PDR
Created at
2014-12-30
Last update
2022-09-15
Last full update
2022-09-15

Land area

Intended size
0 ha
Size in operation (production)
  • [current] 513 ha
Comment on land area
Catchment area is 712 sq. km; Reservoir area (size in operation) is 5.13 sq. km

Intention of investment

Intention of investment
  • [current] Renewable energy unspecified
Comment on intention of investment
Xekaman 3 Hydropower, installed capacity: 250 MW, developed by an independent power producer (IPP) Xekaman 3 Power Ltd. Co. is owner of the power plant. Viet-Lao Power Joint Stock Company is the majority shareholder at 85 percent while Electricite du Laos (EDL) holds a share of 15 percent. Main Designer to the hydropower plant was Song Da Consulting JSC. Main contractor was Vietnam-based Song Da Corporation. Construction period was 2006 – 2013 [Source: hobomap]

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
  • [2006-01-04, current] Concluded (Contract signed)
Comment on negotiation status
Concession Agreement (CA) signed on 04/01/2006

Implementation status

Implementation status
  • [2013-01-01, current] In operation (production)
Comment on implementation status
According the press release on 32 Nov 2011 on VLPC website, the project completed the work of compensation and removal from reservoir area. [Source: VLPC website ] Soon after completion the dam started to be plagues by landslide problems at the penstock, which it appears was constructed on an ancient landslide without adequate measures being taken to provide stability. A break in a critical waterway shut down a hydro-electric Xekaman 3 dam, located in southern Laos and raised questions about the quality of construction at the facility that sends most of the power it generates to Vietnam. While officials said on the 16 Dec 2016 break in the Xekaman 3 facility’s penstock posed no threat to people living downstream, it marked the second breakdown in the tunnel that channels water to the power turbine [Source: AGU] As the damage of penstock occurred causing the machine to stop, the unit 1 of the plant has been commercially operated again at 7:30 a.m. on 22 May 2022; Unit 2 at 5:30 pm on 2 June 2022, timely generating and transmitting power to Vietnam under the contract signed before the hot season. [Source: EVN]

Purchase price

Comment on purchase price
Total investment capital of 273 million USD (equivalent to 4,260 billion VND).