Foreign firms selling baht bonds face new rules bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Laos, with dwindling cash reserves and surging inflation, is facing some of the same strains that pushed Sri Lanka to default and threatens Pakistan’s balance of payments.
Lao power generation firm seeking partners to boost capacity
published : 28 Apr 2021 at 06:00
It plans to increase its capacity to 2,435 megawatts by 2029 from 1,949MW currently.
The additional capacity will come from hydroelectric power plants currently in the pipeline, including seven wholly-owned power plants and eight more under the independent power producer (IPP) scheme. The projects will be either reservoir or run-off river hydroelectric plants.
IPPs that have joint ventures with EDL-Gen include Nam Theun 1, Nam Dik 1, Nam Phoun, Nam Bi unit 1-3 and Pak Beng, which are currently under construction.
EDL-Gen is one of the main power generation firms in Laos with a market share of 17% in terms of generation capacity.