The 1070MW Nam Theun 2 transbasin hydropower scheme has been officially inaugurated in Lao PDR.
The project – a long-term collaborative effort between Lao PDR and neighbouring Thailand – diverts the upper flow of the Nam Theun river from the Nakai plateau, into the Xe Bang Fai river in the Khammouane plain in Lao PDR. It is capable of producing 6000GWh per year.
Over 90% of the electricity generated by the project is being sold to Thailand, providing Lao PDR with a $2B revenue stream over the next 25 years. Commercial experts of electricity began back in March this year.
The project was developed by the Nam Theun 2 Power Company, which is owned by Electricite de France International, Electricity Generating Public Company (Thailand), and the Government of Lao PDR. Funding came from twenty-seven different financing institutions including the World Bank, the Asian Development Bank (ADB), the European Investment Bank, and Agence Francaise du Developpement. The sche
Laotian leaders were joined by Thailand’s prime minister Abhisit Vejjajiva as well international leaders at today’s inauguration ceremony.
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