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EVN, Laos’ Phongsubthavy Group sign power purchase agreements

The Electricity of Vietnam (EVN) and Phongsubthavy Group of Laos have signed power purchase agreements (PPA) for the 69MW Nam San 3A and 45MW Nam San 3B hydropower plant projects in Hanoi.
EVN, Laos’ Phongsubthavy Group sign power purchase agreements ảnh 1At the event (Photo: VNA)
Hanoi (VNA) - The Electricity of Vietnam (EVN) and PhongsubthavyGroup of Laos have signed power purchase agreements (PPA) for the 69MW Nam San3A and 45MW Nam San 3B hydropower plant projects in Hanoi.

The signing ceremony took place on January 4 as part of the 42nd Vietnam – LaosIntergovernmental Committee and was witnessed by Vietnamese Prime Minister NguyenXuan Phuc and his Lao counterpart Thongloun Sisoulith.

Nam San 3A and Nam San 3B hydropower plants have been operating with totalinstalled capacity of 114MW and annual average electricity output of 364million kWh/year for Nam San 3A, and 232 million kWh/year for Nam San 3B.

These are two out of 11 hydropower plant projects under the Nam Mo Group ofHydropower Plant Projects being developed by Phongsubthavy Group in order tosell electricity to Vietnam.

Power will be transferred through the 220kV transmission line which will beco-invested by Phongsubthavy Group for the section in Lao territory and EVN forthe section in Vietnam’s territory. The transmission line is scheduled to becompleted in 2022./.
VNA
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