The government of Laos has signed agreements with a Chinese company to develop Laos’ 1,320-MW Paklay and 120-MW Nam Ngum 5 hydroelectric projects on a build-operate-transfer (BOT) basis.
Officials of China’s SinoHydro Corp. signed memoranda of understanding with Laotian officials June 11 to carry out the projects.
Paklay is to be built on the Mekong River 210 kilometers from the Laotian capital, Vientiane. The US$1.7 billion multi-purpose project is to utilize ten adjustable-blade propeller turbine-generators to produce 6.46 million MWh annually.
SinoHydro signed a reconnaissance design agreement for Nam Ngum 5, which the company also is to finance as a BOT investment. The US$200 million, two-unit Nam Ngum 5 is to be built on the Nam Ngum River 300 kilometers north of Vientiane.