According to POWERCHINA the Chinese company has recently signed an EPC contract for the 600 MW Monsoon wind power project in Laos and the cooperation agreement for its Phase Ⅱ.
The project is located in Sekong and Attapeu, southern provinces of Laos. It includes a 600 MW wind farm, a set-up switchyard and transmission lines. It is the first wind power project in Laos and the largest single wind power project undertaken by Chinese enterprises overseas.
The project will transmit electricity to Vietnam when completed, the first of its kind in Laos to realize cross-border transmission of new energy power. It will relieve the electricity tension in central Vietnam and help Laos further build its vision of a “Southeast Asia Storage Battery”.
This project is another breakthrough of POWERCHINA in practicing the green energy revolution and promoting energy transformation in Laos. It is expected to cut carbon emissions of 35 million tons over its lifetime.
POWERCHINA has grown into one of the most influential engineering contractors and power investors in Laos since it entered the Laos market in 1996. By the end of 2021, the company had more than 150 completed and under-construction projects in the country, with a cumulative contract value of about 51.6 billion yuan ($7.4 billion).
Power Construction Corporation of China (POWERCHINA) is an integrated construction group that provides investment and financing, planning design, engineering construction, equipment manufacturing, and operation management for clean and low-carbon energy, water resources, environmental construction and infrastructure. Centering on hydroelectricity and electric power, POWERCHINA has established its presence in diversified market segments featuring “comprehensive civil engineering and large construction”, with integrated business development ranging from water environment management, smart cities, rail transit projects, and municipal engineering to residential buildings.
As one of the world’s largest power construction enterprises with the most integrated industrial chains, POWERCHINA has business in more than 130 countries and regions around the world and has delivered a series of industry-leading and high-quality projects over the years, attracting keen interest and attention of customers from all over the world.
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