29/08/57 Hydropower project in Laos secures $217m loan
The Asian Development Bank (ADB) has approved funding worth $217 million for a 290MW hydropower project
NAM NGIEP 1 HYDROPOWER PROJECT
Nam Ngiep 1 is a hydropower project under construction in the central provinces of the Lao PDR. The Nam Ngiep 1 Power Company (NNP1PC), co-owned by Kansai Electric Power of Japan, EGAT International of Thailand, and the Lao Holding State Enterprise, is building a power plant that will provide clean renewable electricity and contribute to poverty reduction in Laos.