Vietnam and Laos have agreed to jointly conduct a feasibility study on construction of the Nammo hydropower plant, a critical project to ensure local supply and energy export to Vietnam.
A memorandum of understanding (MoU) to this effect was inked on March 4 between Nguyen Thanh Huan, General Director of the Vietnam Electricity Group (EVN)’s International Company and Laos’s Deputy Minister of Planning and Investment Thongmi Vongvisay.
The plant will be constructed in Laos’s Xiang Khouang province with a total capacity of 62MW and an estimated investment of 105 million USD.
With professional experience and financial capacity, the EVN’s International Company said it would ensure the completion of the feasibility study within 18 months as agreed under the MoU./.