Business News
Laos' giant hydropower dam delivers test electricity to Thailand
Jul 8, 2009, 11:24 GMT
Bangkok - The multimillion-dollar Nam Theun 2 hydropower project in Laos carried out a successful test delivery of electricity to neighbouring Thailand, the World Bank said Wednesday.
'The test delivered a total of 60 megawatts (MW), through the transformer bay and substation, to the 500-kilovolt transmission line that exports electricity to Thailand,' said the Vientiane-based office of the World Bank, which guaranteed loans to the dam project.
The electricity was delivered to the state-owned Electricity Generating Authority of Thailand, the main market for the dam's output.
When the project is completed by the end of the year, it will export 995 MW of electricity to Thailand, and provide 75 MW to the Lao grid.
Nam Theun 2 is expected to generate nearly 2 billion dollars in revenue over 25 years, to be split between the Lao government and its partners in the project.
The dam has been one of the world's most closely scrutinized projects for environmental impact and human displacement.

COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
