Laos News
Laos on Thursday inaugurated its biggest hydropower plant, a controversial project hailed by supporters as vital to the impoverished nation’s development but long opposed by environmentalists. The Asian Development Bank (ADB) said the move ushered in “a new era” for growth, development and poverty reduction in the communist country, where the majority of people still […]
Continue ReadingLaos inaugurates 1,070-MW Nam Theun 2 hydro project Laos has officially inaugurated the 1,070-MW Nam Theun 2 hydroelectric power project, the largest hydro project in Laos. The $1.45 billion project is co-owned by Electricite de France, the Lao government, the Electricity Generating Public Co. of Thailand and Italian-Thai Development. After five years of construction and […]
Continue Reading
China aims to break the high-speed rail world record in a trial run next year, industry sources said on Tuesday. An experimental train – under development by CSR Corp Limited for test but not operational purposes – will “try to break the 574.8-km/h record” set by France‘s TGV (Train Grande Vitesse, or high-speed train) in […]
Continue Reading
China has signed agreements with Thailand and Laos to build high-speed railways connecting the two Southeast Asian countries. The Beijing Times reports that officials from Thailand and Laos made the disclosure on Tuesday in Beijing. During the seventh World Congress on High Speed Rail, Thailand‘s deputy prime minister, Suthep Thaugsuban, said China is cooperating on […]
Continue ReadingA massive hydroelectric project to be inaugurated this week would have adverse effects on the ecology of Laos and more than 100,000 Laotians, environmental and civil society groups charged Tuesday. French President Nicholas Sarkozy, Thai Prime Minister Abhisit Vejjajiva and senior World Bank and Asian Development Bank officials were expected to attend a ceremony Thursday […]
Continue ReadingThe poor and landlocked Southeast Asian nation of Laos expects its rail link with China to be finished by 2014, boosting trade links with its giant neighbour and the rest of Asia, its deputy prime minister said on Tuesday. The railway is part of a broader plan to connect Kunming city in southwestern China with […]
Continue ReadingBuilding of the US$491 million Cua Lo deep water port in central Nghe An Province started yesterday. The first phase, of the three-phase project in Nghi Thiet Commune, the Nghi Loc District, will include a wharf for 30,000-tonne vessels and another for 50,000-tonne vessels. The work is scheduled for completion in 2015. Four wharves for […]
Continue ReadingThe Electricity Generating Authority of Thailand (Egat) has added 30 billion baht to its five-year investment plan for a total of 70 billion. The move is a bid to prevent the country’s power reserves from falling below the critical level of 10% by 2014. Sutat Patmasiriwat, Egat’s governor, said 20 billion baht will be spent […]
Continue ReadingSET-listed Glow Energy expects to invest about 4 billion baht to acquire assets of England-based Independent Power (IP) in Thailand and up to US$200 million to build a new 120-megawatt unit near its Huay Ho hydroelectric plant in Laos. Chief financial officer Suthiwong Kongsiri said Paris-based GDF Suez, which holds 69% of Glow, has considered […]
Continue ReadingSET-listed Glow Energy expects to invest about 4 billion baht to acquire assets of England-based Independent Power (IP) in Thailand and up to US$200 million to build a new 120-megawatt unit near its Huay Ho hydroelectric plant in Laos. Chief financial officer Suthiwong Kongsiri said Paris-based GDF Suez, which holds 69% of Glow, has considered […]
Continue Reading