FILE PHOTO: Aerial photo taken on July 31, 2020 shows the construction site of the Nam Theun 1 hydropower project in Borikhamxay Province, Laos. A group of Chinese builders have been working day and night in the vast Lancang-Mekong River Basin in Laos. Laos plans to renegotiate power purchase agreements with hydropower plant developers that sell power to the state for countrywide distribution. - Sinohydro 3/Hangout via Xinhua
VIENTIANE: The government plans to renegotiate power purchase agreements with hydropower plant developers that sell power to the state for countrywide distribution, with the aim of reducing soaring electricity bills and easing the burden of domestic consumers.
The cabinet endorsed the plan at a meeting last week with provincial governors and key state agencies, and the meeting agreed to push for a cut in electricity purchasing rates.
