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Deal #6524 Version #75954

Lao PDR
Created at
2014-12-31
Last update
2020-12-09
Last full update
2022-09-16

Land area

Intended size
4 953 ha

Intention of investment

Intention of investment
  • [current] Renewable energy unspecified
Comment on intention of investment
Nam Ngum 3 Hydropower, installed capacity: 460 MW, developed by an independent power producer (IPP)

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
  • [1997-11-15, current] Concluded (Oral Agreement)
Comment on negotiation status
Project Development Agreement (PDA) signed on 15/11/1997.

Implementation status

Implementation status
  • [2014-01-01, current] Startup phase (no production)
Comment on implementation status
Main construction activities of NN3 was scheduled to start in October 2011.

Purchase price

Purchase price
465 000 000
$
Comment on purchase price
Nam Ngum 3 HPP's estimated to cost is around USD1 billion. Asian Development Bank (ADB) has approved funding of about USD465 million for its construction.