185:(EDLT) that has control of the country's power grid, as well as the rights to purchase and sell power in Laos to stave off a debt default to the Chinese government. The CSPGC owns a majority share of the EDLT, but the Lao and Chinese governments have made a written agreement in which the Lao government will gradually buy Chinese shares back. A Lao official from the Ministry of Energy and Mines reasoned that "The new company will connect the power grids together. It’s all about capital. It is necessary to join the two grids".
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owned by
Electricite du Laos to EDL-Gen: 60% of shares in Theun-Hinbeun (300 MW), 10% of shares in Nam Leuk 1-2 (10 MW), 25% of shares in Nam Ngum 2 (153.75 MW), and 20% of shares in Houay Ho (30 MW). The transfer of 4 IPPs will increase EDL-Gen's total capacity to 881 MW. EDL-Gen also plans to
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EDL-Generation
Company Limited (EDL-Gen) was incorporated in 2010 and operates as a subsidiary of Electricite Du Laos. Laos is the only net exporter of power in the Mekong Region and has been nicknamed the "Battery of Asia", selling power to
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loaned $ 15 million to
Electricite du Laos for the expansion of electricity networks and substations in rural areas of Laos. The company has also received debt financing from the
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294:(LSX), becoming the first company to list on the country's stock exchange. Initial investors in the IPO included frontier markets private equity firm
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purchase two hydropower plants from
Electricite du Laos that are currently under construction: Nam Khan 2 (126 MW) and Huaylamphan Nhai (88 MW).
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233:- Installed capacity of 155 MW. Constructed 1968–1971, Phase 3 commissioned in 1984. A 2010 expansion project was partially funded by
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306:. Despite the LSX's limited liquidity, at the end of its first week of trading, EDL-Gen was up 30% from the IPO price at 5,600
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419:"Asia Times Online :: Southeast Asia news and business from Indonesia, Philippines, Thailand, Malaysia and Vietnam"
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Zhai, Keith; Johnson, Kay; Wongcha-Um, Panu (September 4, 2020). Tostevin, Matthew; Cameron-Moore, Simon (eds.).
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473:'Providing electricity to poor rural provinces of Lao PDR', article at World Bank retrieved 14 Jan 2008
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350:"Exclusive: Taking power - Chinese firm to run Laos electric grid amid default warnings"
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By 2020, the government expects to provide electricity to 90 percent of Lao households.
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Xeset 1 - Installed capacity of 45 MW. Completed in 1991, with funding provided by the
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Xeset 2 - Installed capacity of 76 MW. Completed in 2009. 80% of funding came from
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375:"Financially Strapped Laos Partners with Chinese Company to Manage Power Grid"
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In
September 2020, Reuters reported that the Électricité du Laos and the
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Nan Mang 3 - Installed capacity of 40 MW. 80% of funding came from
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of the country. EDL was founded in 1959 and is headquartered in
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On
January 11, 2011, EDL-Generation Company participated in an
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In June 2012, EDL-Gen approved the transfer of shares in four
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Selabam - Installed capacity of 5.04 MW. Completed in 1994.
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Nam Leuk - Installed capacity of 60 MW. Completed in 2000.
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Powering
Progress, a website of the Government of Laos
393:"Laos hydropower a 'battery' for power-hungry region"
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243:- Installed capacity of 6 MW. Completed in 2011.
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183:Electricite du Laos Transmission Company Ltd
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437:"Dragon Capital Clean Energy PIPE in Laos"
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235:Japan International Cooperation Agency
137:assets. The company also manages the
125:that owns and operates the country's
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255:United Nations Development Programme
421:. January 19, 2011. Archived from
331:"IFC in East Asia and the Pacific"
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497:Organizations established in 1959
302:, and Vietnamese investment firm
176:China Southern Power Grid Company
162:International Finance Corporation
487:Electric power companies of Laos
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462:Electricite du Laos homepage
507:1959 establishments in Laos
280:Independent Power Producers
269:Export-Import Bank of China
262:Export-Import Bank of China
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151:national electricity grid
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178:(CSPGC) established the
135:electricity distribution
131:electricity transmission
292:Lao Securities Exchange
288:initial public offering
251:Asian Development Bank
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189:EDL-Generation Company
166:Asian Development Bank
127:electricity generation
100:http://www.edl.com.la/
90:EDL-Generation Company
360:on September 8, 2020.
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77:Bounsalong Southidara
399:. December 10, 2010
117:: ໄຟຟ້າລາວ) is the
108:Électricité du Laos
79:Lattana Pathoumvanh
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28:Électricité du Laos
18:Electricite du Laos
492:Government of Laos
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160:In July 2010, the
75:Bounoum SYVANPHENG
119:state corporation
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16:(Redirected from
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310:(LAK) ($ 0.69).
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300:Krung Thai Bank
296:Leopard Capital
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456:External links
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425:on 2011-01-19.
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304:Dragon Capital
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441:. Retrieved
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423:the original
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401:. Retrieved
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358:the original
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85:Subsidiaries
52:Headquarters
335:www.ifc.org
147:electricity
481:Categories
317:References
231:Nam Ngum 1
71:Key people
502:Vientiane
197:EDL logo.
155:Vientiane
149:from the
57:Vientiane
241:Nam Song
212:Cambodia
204:Thailand
42:Industry
354:Reuters
308:Lao kip
290:on the
208:Vietnam
96:Website
443:31 May
439:. AVCJ
403:31 May
214:, and
143:export
139:import
46:Energy
216:China
111:(EDL)
445:2013
405:2013
141:and
133:and
123:Laos
63:Laos
397:BBC
145:of
121:of
115:Lao
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113:(
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.