Saturday, July 2, 2011

EVNI speeds up power projects in Cambodia, Laos

July 2, 2011

The EVN International Joint Stock Company (EVNI) is speeding up its investment in hydroelectric power projects in Cambodia and Laos.

The projects include the Ha Se San 2 hydroelectric power project in Se San district of Cambodia’s Stung Treng province, which has been approved by the Government of Cambodia and will be carried out under the build-operate-transfer (BOT) form. EVNI contributed a 51 percent stake to the project.

The 400 MW plant is expected to be built in 2012 and completed by the end of 2016.

EVNI has completed a feasibility study on the Ha Se San1/Ha Se San 5 hydroelectric power plant in Ozdao district of Cambodia’s Rattana Kiri province and Duc Co district of Vietnam’s Central Highland province of Gia Lai.

In addition, it has signed a memorandum of understanding with the Cambodian Ministry of Industry, Mining and Energy on jointly conducting study on the US$407 million Sekong hydroelectric power project with a designed capacity of 190 MW.

Furthermore, EVNI is preparing to invest in the Nam Mo 1 hydroelectric power project in Laos’ Siengkhouang province which has a total investment of US$119 million.

VNA/VOVNews

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