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155431
Thu, 12/30/2010 - 16:42
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Thailand expects to sign deal to buy power from Laos’ Sayaboury dam project in early 2011

BANGKOK, Dec 30 (TNA) - Thai Energy Minister Wannarat Channukul expects the Electricity Generating Authority of Thailand will sign a power purchase agreement (PPA) concerning the Sayaboury hydropower dam project in Lao PDR in early 2011 as the National Energy Policy Council approved the draft agreement on Thursday (Dec 30). It will be Laos’s largest hydropower project to supply power to Thailand.
The energy minister said that the dam positioned along the Mekong River in northern Laos is capable of generating 1,285 megawatts of electricity, and will supply 60 megawatts to Laos and 1,225 megawatts to Thailand, adding 7,370 million units of electricity annually on average. Its commercial power supply will start approximately in January 2019.
The Sayaboury dam project costs 115 billion baht and its major shareholder is CH. Karnchang Public Company Limited from Thailand.
“The power fee of the Sayaboury project is only 2.479 baht per unit on average throughout the 29-year contract. This is cheap when being compared with 2.70 baht per unit of electricity that Thailand buys from IPPs (independent power producers). This will strengthen energy security and bilateral relations,” the energy minister said.
Thailand and Laos plan to seal contracts that will cover the combined trade of 7,000 megawatts of electricity. Existing deals have covered 5,624 megawatts.
Power purchase agreements are being worked out for two projects and will be proposed for the National Energy Policy Council to approve. They are the Nam Ngum 3 hydropower project which will supply 440 megawatts in 2017 and the Xepian-Xenamnoy project that will supply 390 megawatts to the grid in 2018.
Projects under construction are the Nam Ngum 2 project that will supply 615 megawatts next March, the Theun-Hin Boun project that will add 220 megawatts to the grid in March 2012, and the Hongsa Lignite project that will supply 1,473 megawatts to the system in June 2015. (TNA)
The energy minister said that the dam positioned along the Mekong River in northern Laos is capable of generating 1,285 megawatts of electricity, and will supply 60 megawatts to Laos and 1,225 megawatts to Thailand, adding 7,370 million units of electricity annually on average. Its commercial power supply will start approximately in January 2019.
The Sayaboury dam project costs 115 billion baht and its major shareholder is CH. Karnchang Public Company Limited from Thailand.
“The power fee of the Sayaboury project is only 2.479 baht per unit on average throughout the 29-year contract. This is cheap when being compared with 2.70 baht per unit of electricity that Thailand buys from IPPs (independent power producers). This will strengthen energy security and bilateral relations,” the energy minister said.
Thailand and Laos plan to seal contracts that will cover the combined trade of 7,000 megawatts of electricity. Existing deals have covered 5,624 megawatts.
Power purchase agreements are being worked out for two projects and will be proposed for the National Energy Policy Council to approve. They are the Nam Ngum 3 hydropower project which will supply 440 megawatts in 2017 and the Xepian-Xenamnoy project that will supply 390 megawatts to the grid in 2018.
Projects under construction are the Nam Ngum 2 project that will supply 615 megawatts next March, the Theun-Hin Boun project that will add 220 megawatts to the grid in March 2012, and the Hongsa Lignite project that will supply 1,473 megawatts to the system in June 2015. (TNA)