THE country will soon start selling electricity to Singapore under the Laos-Thailand-Malaysia-Singapore Power Integration Project.
According to local daily Vientiane Times yesterday, a total of 100 megawatts will be supplied by Laos to Singapore.
The power purchase agreement was signed in Lao capital Vientiane on Friday by managing director of the Lao state-owned Electricite du Laos (EDL) Chanthaboun Soukaloun, and executive director of Keppel Infrastructure Holdings Janice Bong.
The ceremony was attended by Lao Minister of Energy and Mines Daovong Phonekeo, Deputy Minister of Finance Phouthanouphet Saysombath, Singapore’s Ambassador to Laos Leow Siu Lin, government officials and representatives of the two parties.
In September 2014, Laos, Thailand, Malaysia and Singapore began exploring the idea of trading power beyond neighbouring countries through the Asean Economic Community as well as the Asean Power Grid, according to Chanthaboun.
In 2017, EDL embarked on a mission to sell power to Malaysia with the birth of the Laos, Thailand and Malaysia project.
Chanthaboun said he believed this project would be another remarkable milestone towards the larger goal of realising the Asean Power Grid in the near future. — Xinhua
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