Deal #6551
Lao PDR
Created at
2015-01-26
Last update
2023-10-19
Last full update
2023-10-19
Land area
Intended size
20 000 ha
Size under contract (leased or purchased area)
- [2023, current] 20000 ha
Comment on land area
No official dictation of hectarage however the company site's page for the investment stated the Catchment area as per company page is 200Km^2 and converted to 20000 ha
Intention of investment
Intention of investment
- [current] Renewable energy unspecified
Comment on intention of investment
Nam Ang hydro power project, installed capacity: 41 MW
Nature of the deal
Nature of the deal
Concession
Comment on nature of the deal
Pre-concession obtained in March 2011
Negotiation status
Negotiation status
- [2010-09] Intended (Memorandum of understanding)
- [2014-05-23] Concluded (Contract signed)
- [current] Concluded (Change of ownership)
Comment on negotiation status
Memorandum of Understanding (MoU) signed in September 2010; Project Development Agreement (PDA) signed on 23. May 2014; The project was successfully divested to an Asian private investor in September 2015.
The
Implementation status
Implementation status
- [2014-01-01] Startup phase (no production)
- [2023-07-20, current] Startup phase (no production)
Comment on implementation status
Even with the change in ownership, it is still under construction and is expected to get commissioned in 2024