Song Da Corp Plans 2 More Hydropower Projects In Laos

Song Da Corp. has signed a memorandum of understanding with the Laotian government to build two more hydropower plants in the country, a company executive said Tuesday.

The company plans to start construction of the 50-megawatt Xe Bang Hieng 1 Plant and the 52-megawatt Xe Bang Hieng 2 Plant in Attapu province in mid-2010, said Mai Van Luc, deputy head of the company's investment department.

The total investment needed for the construction of the two plants will be $ 400 million. "It will take two to three years to build the plants," Luc said.

Song Da earlier started the construction of two other hydropower plants in Laos, including the 322-megawatt Xekaman 1 and the 250-megawatt Xekaman 3 Plant.

The $312-million Xekaman 3 is scheduled to start generating power in April 2011, with 90% of the output to be exported to Viet Nam.

The Xekaman 1 is scheduled to start commercial operations in 2013.
Source: vnbusinessnews

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