Laos ups electricity trade

Published onJune 14, 2019

The LAO government has agreed to conduct a feasibility study on electricity trading and hydropower exchanges with neighbouring countries to boost cooperation in the energy sector. Laos has agreed to sell 5,000MW of electricity to Vietnam, and while it is currently exporting just over 300MW it is expected to supply 1,000MW by next year, Minister of Energy and Mines Khammany Inthirath reported at the opening of the energy and mining sector’s first quarter meeting on Monday. “Both countries are hoping to increase Lao electricity exports to Vietnam to 3,000MW by 2025 and to more than 5,000MW by 2030,” he said. The Lao government is currently conducting negotiations on electricity trading with its Vietnamese counterpart and expects to sign an agreement soon, Khammany said.

Source: https://www.phnompenhpost.com/business/laos-ups-electricity-trade