Laos granted $32.4m to improve power grid

Lao People’s Democratic Republic (PDR) has been granted funding worth $32.4 million (£20.7m) to boost its electricity network. The government of the Southeast Asian nation signed an agreement with the World Bank for the Power Grid Improvement Project. Electricité du Laos (EDL) will use the cash to improve the efficiency and reliability of the power […]

Hydropower project in Laos secures $217m loan

The Asian Development Bank (ADB) has approved funding worth $217 million for a 290MW hydropower project in the Lao People’s Democratic Republic (Lao PDR). The bulk of the electricity generated by Nam Ngiep 1 will be delivered to neighbouring Thailand, which relies heavily on natural gas. The project is expected to cut around 500,000 tons […]

World Bank supports hydropower sector in Laos

The World Bank is supporting the renewable energy industry in Laos by providing a multi-million pound loan. It has signed an agreement with the Government of Loa People’s Democratic Republic (PDR) for new financing worth $17.8 million (£10.7m) to help the nation manage its hydropower and mining resources. The cash will be used for the […]