(KPL) The Electricity Generating Authority of Thailand (EGAT) has agreed to purchase 1,220-kW at a cost of 2,159 baht per kilowatt-hours (kWh), from Sayaboury hydropower dam. The dam is an investment by the Ch. Karnchang Public Company Ltd. of Thailand.
The EGAT will purchase electricity from Sayaboury hydropower dam throughout the concession of the Ch. Karnchang Public Company Ltd of Thailand, by connecting a 220 km 500-kW transmission line of the EGAT from a substation in Loei province, northeast Thailand, to the electricity system of the Sayaboury hydropower dam.
By 2019, the Sayaboury hydropower dam is expected to generate electricity and export it to Thailand.
The Sayaboury hydropower dam will be built in Sayaboury district, northwestern Laos, under the management of the Mekong River Commission and is based on an agreement reached between Cambodia, Laos, Thailand and Vietnam related to the cooperation and sustainable development for lower part of the Mekong River.
A signing ceremony of a memorandum of understanding on the electricity purchase took place at the Done Chanh Palace Hotel, 5 July between representatives of the EGAT and the Ch. Karnchang Public Company Ltd. of Thailand in presence of Standing Deputy Prime Minister Somsavat Lengsavad and officials of both sides.
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