Lao electric power provider Electricite du Laos is deep in debt, owing at least $2 billion to foreign creditors, mainly Chinese and Thai. Meanwhile, EDL managers still live well, in some cases amassing large personal fortunes, sources say.
Lao electric power provider Electricite du Laos is deep in debt, owing at least $2 billion to foreign creditors, mainly Chinese and Thai. Meanwhile, EDL managers still live well, in some cases amassing large personal fortunes, sources say.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
