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Thursday, June 19, 2008

Supplements to MOU Sekaman 4 hydropower signed

(KPL) Supplements to a Memorandum of Understanding on a group of Vietnamese-invested hydro-power projects in Laos were signed in Vientiane Capital on June 16.
The signatories were Lao Deputy Minister of Planning and Investment Thongmy Phomvisay, and President of the Managerial Board of the Viet-Laos Power Joint-stock Company, Mai Huy Tuan. The signed accord on the group of Sekaman hydro-power projects No. 4 has developed from the former Sekaman 4 project signed with the Lao government in December 2006.
The projects will be based in Dakchueng district, Sekong province with a capacity of 200MW and an annual output of 900 million kWh.
They are scheduled to start construction in 2009 and begin operating in 2013. The Viet-Laos Power Joint-stock Company has signed contracts to conduct a feasibility study and invest in a number of hydro-power projects in Laos, including Sekaman 1, Sekaman 3 and Sekaman 4, with a gross capacity of 1,000MW and an annual output of over 4 billion kWh.
Once these projects are put into operation, the Viet-Laos company will export electricity to Vietnam

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