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Land contract for VN’s power plant in Laos signed

The Vietnamese developer of the Sekaman 1 hydro-power plant in Laos signed with the Lao authorities in Vientiane on April 7.
The Vietnamese developer of the Sekaman 1 hydro-power plant in Laossigned with the Lao authorities in Vientiane on April 7.

Thecontract, inked by Director of the Sekaman 1 Electricity Company NguyenXuan Hien and Minister-Deputy Chairman of the Lao Land ManagementCommittee Ounl Lasonkang, has a duration of 30 years.

Constructionof the Sekaman 1 hydro-power plant started earlier on Mar. 6 in Attapeuprovince, 75km away from the Central Highlands province of Kon Tumof Vietnam .

With an investment of 441.6 million USD, Sekaman 1is the largest hydro-electric power plant invested by Vietnam inLaos and serves as one of key projects in the two countries’ energycooperation programme.

The BOT plant is designed to have a totalcapacity of 322 MW, forming part of a project which also includes theSekaman Sanxay hydro-power plant. The two are expected to go intooperation after five years of construction, generating a total 1.22billion kWh a year.

Twenty percent of theelectricity generated by three plants will be consumed in Laos whilethe remaining will be sold to Vietnam through a 500kV transmissionline between the two countries.

The same day, theVietnam-Laos Electricity Joint Stock Company submitted its feasibilitystudy on the Sekaman 4 hydro-power plant to the Lao Government.

TheSekaman 4, scheduled to start construction by the end of 2012 will havea capacity of 80 MW. It costs over 127 million USD./.

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