As Laos builds more hydropower dams, citizens say electricity rates remain too high
Laos, which aims to become “the battery of Southeast Asia,” generates plenty of electricity via its many hydropower dams. But rates for its citizens remain high – another burden amid surging inflation for many other products – and some villages still lack electricity.
Laos turns to China for gasoline imports amid economic crisis
Laos turns to China for gasoline imports amid economic crisis
Laos has begun importing gasoline from China instead of purchasing it from neighboring Thailand amid an ongoing economic crisis, including surging inflation that has prompted one lawmaker to call for an increase in salaries for domestic workers and state employees.
South-East Asia’s largest wind power plant to be built in Laos
The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited has signed a US$692.55 million loan agreement to build a wind power plant in Laos.
US$692 million loan secured to finance region’s largest wind farm in Laos
US$692 million loan secured to finance region’s largest wind farm in Laos A developer has signed a US$692 million loan agreement to finance the 600MW “Monsoon Wind Power Project” in Laos, the largest in Southeast Asia, according to media reports.
ADB Signs Loan for First Cross-Border Wind Power Project in Asia, First Plant in Lao PDR and Largest in Southeast Asia
The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited (Monsoon) signed a $ 692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic (Lao PDR) to export and sell power to neighboring Viet Nam. Comprising 133 […]
Hydropower plant in Luang Prabang Laos to be completed in 2030
A 1,460 MW hydropower plant constructed on the Mekong River in Luang Prabang province, Laos, is expected to be completed and able to generate electricity in 2030. According to Big News Network, it was estimated to produce about 6,854 GWh of energy each year.