Google Search

Google
 

Online store

banner

AuctionAds

Thursday, July 2, 2009

Laos plans to become battery of ASEAN by 2020

(KPL) Laos has a plan to transform itself to become the battery of ASEAN by 2020 and so rid itself of the status of least developed country.
"According to a government estimate it would be selling 7,000 megawatts of hydroelectric power to Thailand by 2015 and 5,000 megawatts to Vietnam by 2020", said Mr Saypaseuth Phopsoupha, Director of Energy Promotion and Development of the Ministry of Energy and Mines.
"The purpose of the production and sale of such a high volume of electricity is to earn millions of US dollars and put them into the coffer of the country," added Mr Saypaseuth.
He also said that the electricity would come from a slew of hydropower dams nationwide, like Nam Thuen 2,
This plan was reviewed at an annual meeting of Ministry of Energy and Mines in Luang Prabang province, last week.
Mr Saypaseuth said that if all the hydropower electricity development projects of the government came on stream and on schedule, the revenue they would generate would get the country out of the least developed country status by 2020.
Many hydropower projects were under the construction and feasibility studies were carried out on quite a few, such as Nam Ngum 2, Nam Lik 1-2 and Sekaman 3.
"Nam Thuen 2 is a good pilot project and it would come on stream at the end of the year," Mr Saypaseuth confirmed.
The Nam Lik 1-2 and Sekaman 3 hydropower construction projects would commence to generate electricity by 2010 and Nam Ngum 2 would be operational by 2011.

Monday, June 22, 2009

99.8 per cent of households in Vientiane access to electricity

(KPL) Over 120,000 households in 500 villages entire Vientiane Capital has been accessible to electricity.
While over 190 households are reported to be used solar cell, according to a report of Vientiane Energy and Mining Division.
Currently the installation of transmission lines work in Vientiane Capital was almost achieved. It counted for 99.8 per cent of households in Vientiane accessed to permanent electricity.
Only Vangma village in Sangthong district was staying in dark which the Energy and Mining Division confirmed that the transmission lines work to this area would be achieved by at the end of this year.
This work is one out of many development activities is strongly contributing to socio-economic development and poverty reduction programme.

Sunday, May 24, 2009

Householders to pay more for electricity from 2009 to 2015

(KPL) Householders would be paying more money for domestic electrical consumption as the main electricity company, Electricite du Lao declared a 15 per cent increase for household electricity in 2009.
According to a tariff study report that was made public at a workshop on 19 May, the increase would be implemented some time this year.
The report further stated that the there would be a gradual annual increase in the price of electricity so that by the year 2015 it would hit the maximum price of 25 per cent.
EDL report said that the price increase would be adjusted to the cost of production, capital expenditure and distribution.
This report also argued that there is a need for price increases at different price levels for this year and the next two years: 10 percent for 2009, 17.3 per cent in 2010 and 16.4 percent in 2011.
Deputy Minister of Energy and Mines Mr Somboun Rasombath said that the rationale for higher electricity charges is closely related to the social and economic growth of Laos.
The EDL, he added, the provider of sustainable electricity service to the users gets cash from them, which would be channeled to the development of electrical infrastructure and to the building of networks to give electricity to rural areas.
He projected that the average annual rate of increase in the usage of electricity would be as high as 19.5 per cent till 2016 and this situation is exacerbated by high electrical demand in the industrial and mining sectors
The price increase for these two sectors, he said, would be six per cent in 2009, 15 per cent for 2010 and 10 per cent for the next two years, 2011 and 2012.
Regarding this year's increase, Mr Somboun said that an announcement would be made at the end of this year.

Wednesday, March 25, 2009

Vice President calls for environment preservation in Nam Theun II

(KPL) Vice President Bounnhang Vorachit called for the executive board of Nam Theun II Hydropower Project to pay attention on environmental preservation and develop Nam Theun area as a new tourist site.
He also advised on creating an effective socio-economic development plan so as to help local people who were removed to resettlement area having permanent jobs and assuring local people living in this area to live above poverty line.
The construction of roads to facilitate in this area is also important thing that it should also be paid attention, he said.
Vice President Bounnhang gave an advice when he visited the Nam Theun II Hydropower Project in Nakai district, Khammouane province last week.
Vice Premier wand Minister of Foreign Affairs, Dr. Thongloun Sisoulith and high-ranking officials also joined the visit.
During the visit, Nam Theun II Hydropower Project advisor, Mr Loy Chansavath briefed the VIPs on this project's contribution to the economic development of Laos once it is fully operational and he confirmed that the construction of Nam Theun II Hydropower project would complete on schedule.

Saturday, March 21, 2009

Russia to help Laos build three hydropower plants

(KPL) Russia will help Laos build three hydropower plants in the south of the country to supply domestic demand and exports.
Currently, the Region Oil Company of Russia is working on documents to sign with the Lao government and developers, Xinhua news agency quoted the Laos' English-language daily as saying.The documents include a shareholder agreement, a project financing scheme, power purchase agreements (PPA), an operation and maintenance agreement, and concession agreement for the projects of three hydropower plants, namely Nam Kong 1 in Attapeu province, Xekong 4 and 5 in Xekong province.
The company has carried out all necessary surveys and prepared drawings with approval from the Lao Ministry of Public Works and Transport.The selection of contractors to carry out construction of the projects is also in process, said the Russian company Deputy General Director Vasily Morgun.The three hydropower plants are estimated to cost more than 17. 1 trillion kip (about two billion USD) and have an installation capacity of 1,200 megawatts. They are expected to start operation in 2014, 2015, and 2016, respectively.