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Wednesday, December 26, 2007

Laos, Japan agree on hydroelectric power project

25/12/2007 -- 4:17 PMVientiane (VNA) – The Lao government and Japan’s electric company Kaisai have agreed to cooperate in building a 60.8 MW hydro-electric power plant in Champassak province of Laos.

Under the agreement, the Lao side will contribute 25 percent of the total investment capital and prepare space for the construction of the Kotam hydroelectric power plant.

Meanwhile, Kaisai will be responsible in building a storage tank for the plant by funds provided by the Japanese government.

According to the Japanese company, the construction of the 30-year-project is scheduled to finish in 2015. The plant is expected to start its operation to export power to Thailand in the same year. –Enditem

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