(KPL) The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited (Monsoon) signed a US$ 692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Xekong and Attapeu provinces in the southern region of the Lao PDR to export and sell power to neighbouring Viet Nam.
SHANGHAI, April 5, 2022 /PRNewswire/ Envision Group (Envision) announces that it has signed a Letter of intent (LOI) with Impact Energy Asia Development Limited (IEAD) for the supply of wind
/PRNewswire/ Envision Group (Envision) announces that it has signed a Letter of intent (LOI) with Impact Energy Asia Development Limited (IEAD) for the.
Laos wind power project signs cross-border PPA
Out-Law News | 16 Jul 2021 | 12:03 am | 1 min. read
Vietnam Electricity (EVN) has agreed to buy power from 600 megawatts (MW) windfarm the Monsoon Wind Project in southern Laos.
EVN and Impact Energy Asia Development (IEAD) signed a 25-year power purchase agreement (PPA) for Monsoon which, once operational in 2025, will be the largest wind plant in southeast Asia. This is the first cross-border PPA for wind power in the region.
It is reported that the plant will cost $1.5 billion and will deliver electricity from Laos to central Vietnam through the project’s 500kV transmission line. Construction will start in 2022.