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	Table of Contents of Project Completion Report
Currency Equivalents [PDF] Basic Data [PDF] Maps I. Project Description II. Evaluation of Implementation III. Evaluation of Initial Performance and Benefits IV. Conclusions and Recommendations Appendixes

» Theun-Hinboun Hydropower Project

Project Completion Report on
Theun-Hinboun Hydropower Project

The main objective of the Project was to support economic growth in the Lao People's Democratic Republic (the Lao PDR) by enhancing foreign exchange earnings through the export of electric power to Thailand. The Project represented a new policy direction in the power subsector, which had been initiated through discussions with the Asian Development Bank (ADB). It was the first time that the Government of the Lao PDR formed a joint venture (JV) with the private sector for financing, constructing and operating a power plant.

The Lao PDR has exported surplus power from the existing Nam Ngum Hydropower Plant to Thailand since its commissioning in 1972. A memorandum of understanding (MOU) between the two countries, dated 4 June 1993, on developing 1,500 megawatts (MW) of electric power in the Lao PDR by year 2000 for export to Thailand, and the Lao PDR's new foreign investment policies paved the way for private sector participation in the development of the Lao PDR's hydropower resources as a major export commodity. The Project was the first to be implemented under this MOU, and the first major investment under the new foreign investment policies of the Lao PDR. Except for a minor local supply to the nearby area, the electric energy being produced is for export to Thailand.

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