Laos urged to speed up energy transfer to Cambodia
Cambodia yesterday asked Laos to speed up the transmission of energy to the Kingdom under a deal signed earlier this year. For in depth analysis of Cambodian Business, visit Capital Cambodia . In March, Electricite du Cambodge (EDC) signed an agreement to purchase 200 MW from Laos from 2019 to 2021. During a meeting yesterday in […]
Laos, Russia announce cooperation in numerous fields
Lao Minister of Planning and Investment, Dr Souphanh Keomixay, and Minister of Digital Development, Communications and Mass Media of the Russian Federation, Mr Konstantin Noskov, signed an agreement to cooperate in these areas, during Dr Souphanh’s visit to the Russian Federation last week. Under the agreement, the two parties will implement the agreed areas of […]
Govt agrees to lower electricity rates to promote productivity
The government has agreed to lower the cost of electricity in a move to create more incentives for boosting investment and productivity while improving the livelihoods of low-income earners. The agreement was reached at a meeting of cabinet members, provincial governors and the Vientiane Mayor held in the capital this week. The Minister of Energy […]
Govt speeds up power grid investments for electricity distribution in Laos
A recent report from the ministry noted that these seven projects will include two 230kV transmission lines with lengths of 86.4 km and 82 km in the provinces of Oudomxay and Bokeo, and one project in Huaphan with a length of 82 km. Another five projects are for 115kV transmission lines in the provinces of […]
Lao, South Korean business communities promote renewables investment
The business communities of Laos and the Republic of Korea (RoK) are keen to jointly promote the development of renewable energy in Laos. A business matching event was held in Vientiane to facilitate collaboration between Lao companies and representatives of Korean firms from RoK’s North Chungcheong province. The first Lao-Korean event on “Business Promotion for […]
Laos ups electricity trade
The LAO government has agreed to conduct a feasibility study on electricity trading and hydropower exchanges with neighbouring countries to boost cooperation in the energy sector. Laos has agreed to sell 5,000MW of electricity to Vietnam, and while it is currently exporting just over 300MW it is expected to supply 1,000MW by next year, Minister […]
Ministry aiming for lower electricity prices in Laos
Laos’ energy and mining sector is trying to cut electricity prices so that power is affordable for local residents and businesses. Many consumers in Laos have been complaining about their escalating electricity bills. The tariff is high when compared to neighbouring countries, Minister of Energy and Mines Khammany Inthirath acknowledged at the first quarter meeting […]
Lao gov’t steps up electricity trade with neighboring countries
VIENTIANE, June 5 (Xinhua) — Lao government has agreed to conduct a feasibility study on electricity trading and hydropower exchanges with neighboring countries to boost cooperation in the energy sector, local daily Vientiane Times reported on Wednesday. Laos has agreed to sell 5,000 MW of electricity to Vietnam, while it is currently exporting just over […]
Electricity imports to drop, exports to drive growth in Laos
VIENTIANE, May 16 (Xinhua) — The amount of electricity imported by Laos is likely to drop in 2019 as the country witnesses a surge in electricity generation, local daily Vientiane Times reported on Thursday. In 2018, Laos spent 15.4 million U.S. dollars on electricity imports, less than the 18 million U.S. dollars spent in 2017, […]
Lao electricity to bring forex
Electricity generation looks set to take a leading role in supplying Laos with foreign exchange in the coming years, according to data from the Bank of the Lao PDR. The central bank released its latest annual economic report recently, providing readers with data that reflects changes in the contributors of foreign exchange. According to data […]