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Land Lease Agreement TV News

Vientiane Time News, EGAT signs up for more hydropower from southern Laos.

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E lectricity Generating Authority of Thailand (EGAT) has agreed to purchase the bulk of the hydroelectricity to be generated by the planned Xe-Pian Xe-Namnoy hydroelectric project in southern Laos.
EGAT will purchase 90 percent of the power to be generated by the project, which will have an installed capacity of 410 MW, while the remaining 10 percent will be sold domestically.
The signing ceremony took place after the Lao government approved a 32-year land lease of 238 hectares in Champassak and Attapeu provinces last week, to allow the investors to develop the project. The initial investment cost to construct the dam is expected to be about 2,100 billion kip.

 

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