Deal #6521 Version #75935

2013-03-01

Accessed on 31/12/2014

2012-12-11

Vientiane Times on 11/12/2012: "The Nam Ngum 5 dam in Luang Prabang province officially began generating electricity on Sunday after Sinohydro Corporation Ltd began building the plant in 2008. The US$200 million dam has an installed capacity of 120MW, with planned annual power generation of 507GWh. The dam is located on the Ting River, a right bank tributary of the Nam Ngum River, and is about 300km north of Vientiane. [...] The dam will produce electricity for domestic and overseas supply and will help to expand the power grid in line wit h the government's plan. [...] The project is a joint venture between China's Sinohydro Corporation and Electricite du Laos (EDL) and has a 25-year concession agreement. After the end of the concession period, ownership of the plant will be transferred to the Lao government. [...] A memorandum of under standing on the project was signed between the Lao government and Sinohydro Corporation in 2004, and has been strongly supported by the Lao and Chinese governments. The Sinohydro Corporation holds an 85 percent share in the venture, while EDL has a 15 percent shar e. The Ministry of Planning and Investment granted an investment licence to the project investors in 2007. The main dam is located in Luang Prabang province, while the powerhouse is situated in Xieng Khuang province. The project consists of main three parts - water retention, water diversion, and the powerhouse. "