Laos approves Tadsakoi hydropower plant
VIENTIANE (Vientiane Times/ANN) - The government has given the green light to Tadsakoi Power Company Limited to build the Tadsakoi hydropower project in Sepon district, Savannakhet province.
A concession agreement for the project was signed recently in Vientiane between Minister of Planning and Investment, Dr Souphan Keomixay, Deputy Minister of Energy and Mines, Dr Sinnava Souphanouvong, President of B.Grimm Power (Lao) Limited, Mr Surasak Phanraungwong, and Managing Director of the Daosavan Investment and Construction Group Sole Company Ltd,, Mr Phimpha Ekkaphon.
The process to build the Tadsakoi hydropower project began in 2013, undertaken by Daosavan Company.
“B.Grimm Power entered Laos in 2015 and conducted an additional study on the Tadsakoi hydropower project which identified its potential for power generation to supply electricity for Savannakhet province,” Mr Surasak said.
B.Grimm signed an agreement with Daosavan Company to jointly develop the Tadsakoi hydropower project. The two firms began construction last year but the project was delayed due to a revaluation to ensure it complies with national technical standards to the benefit of both companies and the government, he added.
B.Grimm is a Thailand-based energy company that focuses on the development, financing, construction and operation of green-field power plants.
“Currently, B.Grimm Power has a total installed capacity of 2,200MW in Thailand, Vietnam, Cambodia and Laos, and we are investing in more power plants in Vietnam and Myanmar,” Mr Surasak said.
The Tadsakoi hydropower project has an installed capacity of 30MW, and construction is expected to finish within 42 months.
“Tadsakoi is not our first hydropower project in Laos. We have already completed construction of three hydropower projects - the Xenamnoy 2 and Xekatam hydropower plants in Champassak province and the Nam Che 1 dam in Xaysomboun province,” he said.
The Nam Che 1 hydropower project commenced commercial operation to supply electricity to Electricite du Laos (EDL) on June 1.
The project has an installed capacity of 15MW and sells electricity to EDL under a 25-year power purchase agreement (PPA). The project was able to achieve commercial operation as scheduled in the PPA, Mr Surasak added.