Third Party Event

09 Nov 2016

According to Mr. Khamso Kouphokham, the government’s mission is to increase power export and power trade to 15,000 MW by 2030. Apart from hydropower, the government is also dedicated to the promotion of other renewable energy sources to fill the supply gap in the dry season.

According to senior officials from Ministry of Energy and Mines and Ministry of Science and Technology, Lao PDR has the potential for the development of solar, wind, and other renewable energy sources, while the regulatory framework is still not mature enough for international investors to commit serious investment in the country’s renewable energy sector. Recently, one Thailandbased energy developer Impact Electrons Siam (IES) has proposed a 600 MW wind farm in Southern Laos.

According to Mr. Nat Hutanuwatr, COO of IES, wind power shall be deployed as a good alternative in the dry season to recharge the battery generated mainly by hydropower.

During the GMS Lao Power Summit and Expo, more than 30 local and international speakers shared their insights on the sustainable development of the power sector in Lao PDR. H.E. Dr. Varaphonh Viravong, Vice Minister of Energy and Mines, officially opened the event on 9th November with the presence of H.E. Ambassador of Malaysia to Lao PDR.

Quoting the H.E. Dr. Khamlien Pholsena, Ministry of Planning and Investment will present newly revised draft of the Law on Investment Promotion to the National Assembly from 14th -15th September. The revision of law focuses on the investment promotion policy, especially on energy sector. The ministry is hoping to attract more high quality foreign direct investment in Lao PDR in the coming years.

In the first-half of 2017, Neoventure Corp. will be organising the Vietnam Renewable Energy Summit 2017, which will be held on 10-11 May 2017, at Hanoi, Vietnam. Topics to be covered include Solar Power, Wind Power, Hydropower, Biomass Energy, Waste to Energy, and many more. 

Those who are interested may send their enquiry to brigitte@neoventurecorp.com