(KPL) A US$217-million Nam Mo 2 Hydropower Plant Project will start construction in Mok District, Xieng Khouang Province soon, with the investors having signed a contract with the government on March 30.
The Nam Mo 2 hydropower plant has a total capacity generation of 120 MW under the 27 years concession. The construction project will take three years and six months.
The Nam Mo 2 hydropower plant is a joint venture between Phongsubthavy Road And Bridge Construction Co., Ltd (holding 37%), Nam Mo Company of Vietnam (holding 23%), Duangchaleun Group Company (holding 21%), Dong Tanh Trade Company of Vietnam (holding 14%) and Sengchanh Construction Company (holding 5%).
The signatories were Mr Khamlien Pholsena, Deputy Minister of Planning and Investment, and Mr Tran Huanthanh, Director General of the Nam Mo 2 Hydropower Plant Project. The signing was witnessed by the Director of Business Energy Department, Ministry of Energy and Mining, Mr Sychat Bouthsakithtilath, and the Director of Planning and Investment Division of Xiengkhouang Province, Mr Maidy Khamphoukduangkeo.
Source: Lao News Agency