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Rasica

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Rasica

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Sunday, 04/20/2008 9:48:55 AM

Sunday, April 20, 2008 9:48:55 AM

Post# of 1139
U.S.$42.36 million contract signed for Lao power project

(19-04-2008)

HA NOI — A US$42.36 million contract to supply electrical equipment and technical services for Vietnamese-run hydropower project in Laos was signed here yesterday between Sekaman 3 Co Ltd of the Viet Nam-Laos Electrical Joint Stock Company and Vatech-Hydro GmbH of Austria.

Vatech-Hydro GmbH beat four other bidders to supply electrical turbines for the 250 MW capacity plant.

The project will be built in Dakchung district of Sekong province at a cost of US$273.1 million. It will be capable of producing more than 1 billion kWh of power, of which 90 per cent will be sold to Viet Nam.

The project is scheduled for completion in September, 2010. — VNS

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