Post by Laoupdate news on Apr 7, 2005 6:28:32 GMT -5
Laos Dam Construction To Start In June-EDF
ເຂື່ອນນໍ້າເທີນ ສອງ ຫຼັງຈາກໄດ້ຮັບການປະກັນຈາກທັງທະນາຄານໂລກ ແລະ ເອດີບີ ແລ້ວ ໂຄງການນີ້ກໍ່ຈະເລີມທຳການກໍ່ສ້າງໃນເດືອນມິຖຸນາປີນີ້ ແລະຄາດວ່າຈະເສັດສິ້ນ
ລົງໃນປີ 2009. ດັ່ງລາຍລະອຽດດັ່ງຕໍ່ໄປນີ້
Claude Jeandron, Electricite de France’s (EDF) sustainable development and environment vice president said on Tuesday the financing for the controversial $1.25 billion Nam Theun 2 hydroelectric dam in Laos will be completed by the end of May, allowing construction to begin in June, Reuters reports.
Since its launch a decade ago, the project to build Nam theun 2 cleared its final hurdles over the last week when the Asian Development Bank and the World Bank agreed to back it to spur development in Laos. "These decisions demonstrate the confidence that these financial institutions bestow on the Nam Theun 2 project and its essential contribution to sustainable development in Laos," said Jeandron.
EDF, the project leader and majority shareholder, and its partners two Thai firms and the Lao government, needed risk guarantees from the ADB and World Bank for the project in the secretive ******** state before loans could be secured from commercial lenders. The ADB and World Bank have respectively approved up to $120 million and $270 million in loans and risk guarantees for the 1,070 megawatt project that will export 95 percent of its output to Thailand. Jeandron said the partners of the Nam Theun Power Company (NTPC) were expected to finalize agreements with about 25 financial institutions, including French and Thai banks. Initial production tests on the dam were scheduled for 2008 with the start-up slated for the end of 2009.
EDF said about $180 million or 13 percent of the project costs will be spent over the 25-year concession to protect the wildlife and improve the livelihood of about 75,000 people affected by the dam. EDF said NTPC will set up and spend $1 million a year for 30 years to manage a 4,000 sq km wildlife reserve in the reservoir's basin. It will also compensate and relocate from the flooded area some 6,000 people, mainly hunters and small subsistence farmers, who will be resettled in villages with farms. Downstream, NTPC will manage the river's flow and reintroduce fish stock to the over-fished river, Jeandron said.
ເຂື່ອນນໍ້າເທີນ ສອງ ຫຼັງຈາກໄດ້ຮັບການປະກັນຈາກທັງທະນາຄານໂລກ ແລະ ເອດີບີ ແລ້ວ ໂຄງການນີ້ກໍ່ຈະເລີມທຳການກໍ່ສ້າງໃນເດືອນມິຖຸນາປີນີ້ ແລະຄາດວ່າຈະເສັດສິ້ນ
ລົງໃນປີ 2009. ດັ່ງລາຍລະອຽດດັ່ງຕໍ່ໄປນີ້
Claude Jeandron, Electricite de France’s (EDF) sustainable development and environment vice president said on Tuesday the financing for the controversial $1.25 billion Nam Theun 2 hydroelectric dam in Laos will be completed by the end of May, allowing construction to begin in June, Reuters reports.
Since its launch a decade ago, the project to build Nam theun 2 cleared its final hurdles over the last week when the Asian Development Bank and the World Bank agreed to back it to spur development in Laos. "These decisions demonstrate the confidence that these financial institutions bestow on the Nam Theun 2 project and its essential contribution to sustainable development in Laos," said Jeandron.
EDF, the project leader and majority shareholder, and its partners two Thai firms and the Lao government, needed risk guarantees from the ADB and World Bank for the project in the secretive ******** state before loans could be secured from commercial lenders. The ADB and World Bank have respectively approved up to $120 million and $270 million in loans and risk guarantees for the 1,070 megawatt project that will export 95 percent of its output to Thailand. Jeandron said the partners of the Nam Theun Power Company (NTPC) were expected to finalize agreements with about 25 financial institutions, including French and Thai banks. Initial production tests on the dam were scheduled for 2008 with the start-up slated for the end of 2009.
EDF said about $180 million or 13 percent of the project costs will be spent over the 25-year concession to protect the wildlife and improve the livelihood of about 75,000 people affected by the dam. EDF said NTPC will set up and spend $1 million a year for 30 years to manage a 4,000 sq km wildlife reserve in the reservoir's basin. It will also compensate and relocate from the flooded area some 6,000 people, mainly hunters and small subsistence farmers, who will be resettled in villages with farms. Downstream, NTPC will manage the river's flow and reintroduce fish stock to the over-fished river, Jeandron said.
