kieudiemvje
23-02-2011, 10:46 AM
Vietnam's Hoang Anh Gia Lai Joint Stock Company (HOSE: HAG) said its power unit has secured a license to invest some US$135 million to build two hydropower plants in Laos.
Hoang Anh Attapeu Electric Ltd Company is scheduled to start construction of the Nam Cong 2 and Nam Cong 3 plants this quarter in Attapeu province in southern Laos, which borders Cambodia and Vietnam, it said in a statement seen on Tuesday.
The license was granted by Vietnam's Ministry of Planning and Investment.
The dynamos will have a combined capacity of 111 megawatts and annual output of 433.35 million kilowatt-hours.
Nam Cong 2 will cost $78.98 million and have a capacity of 66 MW, while Nam Cong 3, worth $55.97 million, will have a capacity of 45 MW, the company said.
Construction will take two-and-a-half years and the plants are slated to start operation at full capacity from December 2013 and be operational for 40 years, it added.
Hoang Anh Attapeu Electric Ltd Company is scheduled to start construction of the Nam Cong 2 and Nam Cong 3 plants this quarter in Attapeu province in southern Laos, which borders Cambodia and Vietnam, it said in a statement seen on Tuesday.
The license was granted by Vietnam's Ministry of Planning and Investment.
The dynamos will have a combined capacity of 111 megawatts and annual output of 433.35 million kilowatt-hours.
Nam Cong 2 will cost $78.98 million and have a capacity of 66 MW, while Nam Cong 3, worth $55.97 million, will have a capacity of 45 MW, the company said.
Construction will take two-and-a-half years and the plants are slated to start operation at full capacity from December 2013 and be operational for 40 years, it added.