Lao People's Democratic Republic : Monsoon Wind Power Project
The project entails a wind power project with a contracted capacity of 600-megawatt (MW) to be constructed in Lao PDR that will export and sell electricity into neighboring Viet Nam. It will be the first wind power project in Lao PDR, the largest in Southeast Asia, and the first cross-border in Asia. The project will provide a substantial source of clean renewable energy supply to Viet Nam to help meet the country's growing energy demand. The project will help unlock Lao PDR's significant untapped wind resource potential and provide social and economic benefits to the country in the form of employment, improved infrastructure, increased regional connectivity, and revenues through collection of royalties, lease payments, and taxes.
Project Details
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Project Officer
Nath, Kiron
Private Sector Operations Department
Request for information -
Country/Economy
Lao People's Democratic Republic -
Sector
- Energy
| Project Name | Monsoon Wind Power Project | ||||||||||||||||||||||||||||||
| Project Number | 55205-001 | ||||||||||||||||||||||||||||||
| Borrower / Company | Monsoon Wind Power Company Limited |
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| Country / Economy | Lao People's Democratic Republic |
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| Location | Attapeu, Sekong | ||||||||||||||||||||||||||||||
| Type or Modality of Assistance |
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| Operational Priorities | OP2: Accelerating progress in gender equality OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability OP7: Fostering regional cooperation and integration |
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| Sector / Subsector | Energy / Renewable energy generation - wind |
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| Gender | Effective gender mainstreaming | ||||||||||||||||||||||||||||||
| Responsible ADB Department | Private Sector Operations Department | ||||||||||||||||||||||||||||||
| Responsible ADB Division | Infrastructure Finance Division 2 (PSIF2) | ||||||||||||||||||||||||||||||
| Responsible ADB Officer | Nath, Kiron | ||||||||||||||||||||||||||||||
| Project Sponsor(s) | ACEN Renewables International BCPG Public Company Limited Impact Electrons Siam Group MITSUBISHI CORPORATION SMP Consultation Sole Company Limited |
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| Description | The project entails a wind power project with a contracted capacity of 600-megawatt (MW) to be constructed in Lao PDR that will export and sell electricity into neighboring Viet Nam. It will be the first wind power project in Lao PDR, the largest in Southeast Asia, and the first cross-border in Asia. The project will provide a substantial source of clean renewable energy supply to Viet Nam to help meet the country's growing energy demand. The project will help unlock Lao PDR's significant untapped wind resource potential and provide social and economic benefits to the country in the form of employment, improved infrastructure, increased regional connectivity, and revenues through collection of royalties, lease payments, and taxes. | ||||||||||||||||||||||||||||||
| Objectives and Scope | |||||||||||||||||||||||||||||||
| Linkage to Country/Regional Strategy |
| Safeguard Categories | |
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| Environment | A |
| Involuntary Resettlement | A |
| Indigenous Peoples | A |
| Summary of Environmental and Social Aspects | |
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| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Timetable for assistance design, processing and implementation | |
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| Concept Clearance | 02 Sep 2021 |
| Credit Committee Meeting | 12 Sep 2022 |
| Approval | 03 Nov 2022 |
| Last PDS Update | 16 Aug 2023 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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| Title | Document Type | Document Date |
|---|---|---|
| Monsoon Wind Power Project: Report and Recommendation of the President | Reports and Recommendations of the President | Oct 2022 |
| Monsoon Wind Power Project: Gender Action Plan | Gender Action Plans | Oct 2022 |
| Monsoon Wind Power Project: Initial Poverty and Social Analysis | Initial Poverty and Social Analysis | Aug 2022 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
ADB Signs Loan for First Cross-Border Wind Power Project in Asia, First Plant in Lao PDR and Largest in Southeast Asia
ADB and Monsoon Wind Power Company Limited signed a $692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic.