Vietnam invests in two hydro-electric power plant in Laos

Tuesday, 08/28/2012 07:00
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Vietnam will help Laos to build two hydro-electric power plants in the southern provinces of Attapeu and Sekong, near the common borderline between the two countries.

This is part of an agreement signed in Vientiane on August 27 by representatives from the Lao Government and leaders of Vietnam’s Song Da (Da River) Group and Vietnam-Lao power joint stock company.

Accordingly, the two plants, namely Sekong3 and Sekaman 4, will be built at the estimated cost of US$278.5 million and US$128 million, respectively.

The Sekong 3 plant with a design capacity of about 205 MW is expected to produce 804 million kWh a year by 2015.

The Sekaman 4 plant with a smaller design capacity will supply 316 million kWh a year by 2016.

The two projects aim to ensure energy security and boost trade ties of both countries.

Source : VOVNews

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