Deal Details

7294b335-46b1-4106-a029-1b2ac4cdf3ed

All Deals
Base layers
Country
Lao People's Democratic Republic
Spatial Accuracy
100m to 1km
Intended area (ha)
0.0 (ha)
Remark
Unknown
Intention of Investment

Renewable energy

Remark
Nam Ou 2, installed capacity: 120 MW
Nature of the deal

Lease/Concession

Negotiation Status
Contract signed
Contract date
2012-06-10
Remark
Concession Agreement (CA) signed on 10/06/2012
Duration of Agreement (years)
29 (years)
Implementation status
Startup phase
Year
2013
Remark
Under construction
Implementation status
In operation
Year
2015
Remark
First generator (out of three) commenced operation in November 2015
Announced amount of investment
300 mio US$
Investor
Name
Nam Ou River Basin Hydropower Company
Country of origin
Lao People's Democratic Republic
Secondary Investor
Name
Sinohydro
Country of origin
China
Secondary Investor
Name
Electricité du Laos
Country of origin
Lao People's Democratic Republic
Data source
Media report
Date
2015-12-03
Remark
Vientiane Times report on 03/12/2015: "The first energy generator on the Nam Ou cascade, the Nam Ou 2, with an installed capacity of 40 megawatts (MW), commenced electricity generation on Sunday in Nam Bak district of Luang Prabang province. The commencement of generation is a present to celebrate the 40 year anniversary of Laos, officials reported. The ceremony was attended by Deputy Prime Minister Mr Somsavat Lengsavad and officials from the National Assembly, Luang Prabang, the Ministry of Energy and Mines, along with the Chinese Ambassador to Laos, Mr Guan Huabing and company representatives. “Currently we are undertaking the installation of the second unit that will be completed soon,” Nam Ou River Basin Hydropower Co Ltd Deputy General Manager, Mr Bounpong Ketsadasak said on Tuesday in Vientiane. Nam Ou 2 hydropower plant will have three generators, each with an installed capacity of 40MW, the handout noted. The plant’s total installed capacity of 120MW will be able to generate electricity of about 546GWh annually for local supply, reducing the electricity imports from neighbouring countries, according to a handout at the ceremony. Minister of Energy and Mines, Dr Khammany Inthilath, said at the ceremony that the project construction started at the end of 2012 and is expected to launch commercial operation in early 2017. The project will have a total investment cost of more than 2.45 trillion kip (US$300.17 million). It has two shareholders; Sinohydro of China holds 80 percent while the remaining 20 percent is held by Electricite du Laos (EDL). Nam Ou 2 hydropower plant is the first in a series of construction projects along the Nam Ou river. Dr Khammany said that the Lao government and the Chinese hydropower developer, Sinohydro, are working in cooperation towards the construction of seven hydropower dams on the Nam Ou river in northern Laos. The first phase of the Nam Ou power project includes Nam Ou 2, 5 and 6. The main civil works of the first phase of Nam Ou River Basin Hydropower Project began in December 2012. Hydropower projects 5 and 6 are being built on the Nam Ou river as part of a series of dams planned on the watercourse under the build-operate-transfer model, each of which will have a concession period of at least 25 years. The Nam Ou 5 dam, located in Samphan district of Phongsaly province, will have an installed capacity of 240MW. The Nam Ou 6 hydro-electric dam is located in Phongsaly district and will have an installed capacity of 180MW. These two projects are worth an estimated US$770 million and are targeted for completion in the near future. Prior to national liberation in 1975 there were only three hydropower plants in Laos with a total installed capacity of just 33MW. So far Laos has 38 power plants for which development has been completed, with a total installed capacity of 6,264MW. Laos is aiming for a total installed capacity of about 12,000MW by 2025. The abundant resources of the Mekong River and its tributaries give Laos the potential to produce more than 25,000MW of electricity."
Data source
Government sources
Date
2013-03-01
Remark
Accessed on 30/12/2014
Data source
Personal information
Date
2013-02-25
Remark
Accessed on 30/12/2014
Data source
Company sources
Remark
Accessed on 30/12/2014
Data source
Media report
Date
2013-12-11
Remark
Vientiane Times report from 11/12/2013: "Luang Prabang province: The expected 504 GWh of electricity produced by the Nam Ou 2 Hydropower Project each year will be available for domestic consumption by the end of 2016, a senior official said yesterday. At yesterday's river closure ceremony for the project the Managing Director of Electricite du Laos (EDL), Mr Sisavath Thiravong, said the Nam Ou 2 was one of seven hydropower dams that will be constructed on the Nam Ou River. All seven will be developed under the ‘build-operate-transfer' model, whereby the private company that constructs the dam runs it for a concession period of 29 years before handing it over to government owner ship. He said the Nam Ou 2 had a capacity of 120 MW and would generate 504 GWh each year. Electricite du Laos (EDL) holds 15 percent of the shares in the project while Sinohydro holds 85 percent. Yesterday's river closure ceremony took place at the project site in Ngoi district, Luang Prabang province and the first phase of construction is now underway. Attending were Deputy Prime Minister, Mr Somsavat Lengsavad; Deputy Minister of Energy and Mines, Mr Viraphonh Viravong; EDL Managing Director, Mr Sisavath Thiravong; Vice President of Sinohydro Group Ltd, Mr Liu Mingjiang; and other officials from the government and local authorities. “The Lao government considers the project a key factor in the socio economic development of the northern provinces, especially Luang Prabang itself,” Mr Sisavath said. Mr Sisavath also said the electricity produced would help grow the tourism sector in the province and encourage the expansion of industry into northern Laos. He called on leaders in the Party, government and local authorities to continue advising the project operators to ensure they reach their goals. Senior energy officials recently reported about 802,400 families living in 5,934 villages in 139 districts have access to electricity, which represents 76.9 percent of the total households in the country. The government is aiming to increase that number to 85 percent by 2015 and more than 90 percent by 2020. According to Sinohydro, the completed seven dams that will make up the Nam Ou Hydropower Project"
Data source
Media report
Date
2014-06-27
Remark
Vientiane Times report from 27/06/2014: "People relocated to make way for the Nam Ou 2 Hydropower Project are now able to move into their new houses in Ban Mai Phon Kham, after the first relocation village was completed recently. A ceremony to mark the occasion was held on June 25 in Ngoy district, Luang Prabang province. In attendance were the Deputy Governor of Luang Prabang province Dr Bouakhong Nammavong, Consul-General of the Chinese Consulate in Luang Prabang Mr Li Kewu, General Manager of the Nam Ou River Basin Hydropower Co. Ltd Mr Cai Bin alongside other government officials and local authorities. In his speech at the ceremony, Dr Bouakhong expressed his confidence in the benefits that the Nam Ou project would bring to the local economy and community. “The development of the Nam Ou project is in compliance with the Lao government's policy to become the energy supplier of Southeast Asia,” he said. Dr Bouakhong also said that the local people and government authorities in Luang Prabang hope to facilitate the project with their understanding, support and cooperation, so as to fulfil its generation plan by the end of 2015. As part of the resettlement plan, the construction of Ban Mai Phon Kham commenced in September 2013 and was completed in April 2014. With a total area of 13 hectares, Ban Mai Phon Kham currently accommodates 649 relocated people from 136 households in total. Apart from the access road, water supply and electrical transmission lines, community facilities such as a market, village hall, school, clinic and temple were also built by the project developer for the purpose of improving the living standard and environment of the relocated people. Nam Ou 2 Hydropower Project is one of the seven dams along the Nam Ou River (Nam Ou 1-7 Project) being jointly developed by Sinohydro and Electricite du Laos. It has an installed capacity of 120MW and is expected to generate 504GWh each year after commencing commercial operation. According to Nam Ou River Basin Hydropower Co., the Nam Ou project will act as a sustainable and reliable power source after generation, significantly alleviating power shortages and facilitating economic growth in northern Laos. The successful completion and transfer of the immigrant village lays the groundwork for the smooth running of the hydropower project in terms of impoundment and generation. Nam Ou 2 Hydropower Project began construction in October, 2012 and is now 45 percent complete, with works scheduled to finish by November 2015."
Number of people actually displaced
649
Remark
Ban Mai Phon Kham currently accommodates 649 relocated people from 136 households
Use of produce
Domestic use
Remark
Planned market: Laos