Vientiane Times, January 3, 2013
Prime Minister Thongsing Thammavong recently led a delegation to visit the construction site of the Nam Khan 2 hydropower plant in Xieng Ngeun district, Luang Prabang province.
The plant is one of many government initiatives towards achieving its goal of 90 percent of households having access to electricity by 2020. The construction cost of US$308.5 million has been loaned by the EXIM Bank in China at an interest rate of 2 percent per year. The duration of the loan is 20 years.
Work on the plant began on November 26, 2011, and is scheduled for completion in September 2015.
On behalf of the Lao government, Electricite du Laos agreed with the project contractor, Sinohydro Corporation, to design and construct the plant.
The company has built a 34.6km road to the site from Xieng Ngeun district as well as two bridges across the Khan River. Housing for local and Chinese workers has also been built.
The hydro plant will have two turbines with a total capacity of 130MW. The plant will be able to produce about 558 million kWh of electricity per year.