Investment in construction of Xekong 5 HPP in Laos estimated at $700m

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Investment in construction of Xekong 5 HPP in Laos estimated at $700m
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A total investment in a project for construction of Xekong 5 hydro power plant in Laos, implemented with the participation of Russia, could reach $700 million, Deputy Chairman of the Russian-Lao Intergovernmental Commission, the head of the Communications Ministry, Nikolay Nikiforov, told reporters on Friday.




“The design is carried out by Inter RAO Engineering and a number of companies. If the project takes place, the volume of investments will total about $700 million, of which a significant part will be allocated to concrete and fitting, as it is said. Here any interest of Russia is hardly possible. But the supply of equipment... a potential Russian company, which could benefit from this project, is Power Machines (a Russian energy systems machine-building company – editor’s note)”, the Minister added.

According to Nikiforov, the agreement on construction of Xekong 5 hydroelectric power plant may be signed on the 11th of June, within the framework of the intergovernmental commission.



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