Korean Contractors to Build Hydroelectric Power Plant in Laos
Korean Contractors to Build Hydroelectric Power Plant in Laos
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2012.12.12 21:59
  • 댓글 0
이 기사를 공유합니다

SEOUL, KOREA – Korea EximBank, in partnership with the Asian Development Bank, will provide US$420 million to a project to build a hydroelectric power plant in Laos. This is the first instance in which the Economic Development Cooperation Fund is combined with project financing loans. Under the aegis of the government program, major Korean companies such as SK Engineering & Construction and Korea Western Power will participate as contractors.
 
Of the $420-million fund to be disbursed to the Sapien-Senamnoi hydroelectric project, Korea EximBank will first pay $73 million to the Laotian government. The bank will also support the project in cooperation with the Asian Development Bank by mobilizing a $350-million project financing fund in the form of a special-purpose corporation.
 
In the special-purpose corporation, SK E&C (26%), Korea Western Power (25%). and the Laotian government (24%) will participate as stakeholders.
 
The 32-year project calls for building a 410-megawatt hydroelectric power plant in a Mekong tributary and supplying electric power to Thailand and Laos. The total cost of construction is estimated at $1 billion.

*Article provided by The Korea Economic Daily


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • Korea IT Times: Copyright(C) 2004, Korea IT Times. .Allrights reserved.
  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • * Mobile News: m.koreaittimes.com
  • * Internet news: www.koreaittimes.com
  • * Editorial Div. 02-578-0434 / 010-2442-9446 * PR Global/AD: 82-2-578-0678.
  • * IT Times Canada: Willow St. Vancouver BC
  • 070-7008-0005
  • * Email: info@koreaittimes.com
ND소프트