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Laos wind power project signs cross-border PPA
Out-Law News | 16 Jul 2021 | 12:03 am | 1 min. read
Vietnam Electricity (EVN) has agreed to buy power from 600 megawatts (MW) windfarm the Monsoon Wind Project in southern Laos.
EVN and Impact Energy Asia Development (IEAD) signed a 25-year power purchase agreement (PPA) for Monsoon which, once operational in 2025, will be the largest wind plant in southeast Asia. This is the first cross-border PPA for wind power in the region.
It is reported that the plant will cost $1.5 billion and will deliver electricity from Laos to central Vietnam through the project’s 500kV transmission line. Construction will start in 2022.
Thai energy firm BCPG signs Laos wind power sale with Vietnam reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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