The Bangkok Post, 25 June 1997  

ENERGY  
Egat to buy Laotian power  
30-year supply starts in 1999  

    The Electricity Generating Authority of Thailand (Egat) 
yesterday signed an agreement with Houay Ho Power Co to 
purchase 126 megawatts of electricity from Houay Ho's plant 
in southern Laos.
    The total generating capacity of the Houay Ho hydropower 
plant is 150 megawatts, according to Viroj Nopkhun, Egat's 
deputy governor for policy and planning.
    The 30-year contract sets the price for the power at 
4.22 US cents per kilowatt hour, Mr Viroj said. Deliveries 
will begin on September 1, 1999.
    The partners in the five-billion-baht project are Daewoo 
(Korea) Co, which holds 60% equity, Loxley Plc of Thailand 
(20%), and the Electricity Authority of Laos (20%).
    Yesterday's agreement was the second that Egat has made 
with the Laotian government. It signed a power-purchase 
agreement for the Nam Thuen Hinbun hydroelectric project on 
June 19.
    Thailand has signed a memorandum with the Laotian 
government to buy 3,000 megawatts of electricity by 2006. 
Consumption in Thailand is now about 13,000 Mw.