TNB to see RM2.3bil returns from energy deal in Laos starting 2025

VIENTIANE: Tenaga Nasional Bhd (TNB) and Electricite du Lao (EDL) has signed a memorandum of understanding (MoU) to explore the potentials of hydropower in Laos which is expected to generate returns of RM460 million to RM2.3 billion a year to TNB beginning 2025.

It also has the potential to increase cross-border electricity trade in Asean and assist Laos to become the "Battery of Asia”.