Logo of Phnom Penh Post newspaper Phnom Penh Post - Ministry aiming for lower electricity prices in Laos

Ministry aiming for lower electricity prices in Laos

Content image - Phnom Penh Post
The Lao Ministry of Energy and Mines expects to complete 20 hydropower plants by September with an installed capacity of 2,707MW. VIENTIANE TIMES/ANN

Ministry aiming for lower electricity prices in Laos

Laos' energy and mining sector is trying to cut electricity prices so that power is affordable for local residents and businesses.

Many consumers in Laos have been complaining about their escalating electricity bills. The tariff is high when compared to neighbouring countries, Minister of Energy and Mines Khammany Inthirath acknowledged at the first quarter meeting of the energy and mining sector held in Vientiane on Monday.

The two-day meeting over June 3-4 was attended by representatives of the energy and mining sector as well as investors and development partners. They took this opportunity to discuss the sector’s development plans and targets.

Topics up for discussion included past achievements of state projects to ensure regulation, quality, and reasonable pricing of electricity. Cost structures, safety inspections at plants and expansion of the electricity network, its stations and transmission lines were also discussed.

In the next three quarters of this year, the Ministry of Energy and Mines is expecting to complete 20 hydropower plants with an installed capacity of 2,707MW. This will produce around 33.874 billion kWh, worth about 16.575 trillion kip ($1.92 billion).

Electricity generated for export is expected to reach 25.625 billion kWh, which represents a dollar value of $1.451 billion.

Seven transmission lines are expected to be completed in the near future, including two that are 230kV. One line is 86.4km long and runs from Meuang Houn to Pak Ngeuy-Phaoudom. Another is 82km long and runs from Nam Xam to Hua Meuany.

Five 115kV transmission lines are currently under construction. They include a 90km stretch linking Non Hay to Paklai, a 50km line from Huayxai district to Pheung station and a 33km section from Nam Ngiep to Pakxan. A line from the Na Hay station to Dongphosy station is also being constructed.

The ministry is focusing on developing a renewable energy supply so that the country is less dependent on imports from other countries.

GDP in the energy and mining sector was 28.247 trillion kip last year. This was an increase of 11 per cent over 2017 when GDP was 16.8 per cent, Khammany told the meeting.

Laos currently has 63 operational hydropower plants with an installed capacity of 7,213MW. These plants are able to produce 37,035kWh of electricity per year, he said.

An additional 37 hydropower plants are under construction. The majority of these are expected to be completed by 2020-2021. When they are operational, Laos will have 100 hydropower plants which combined will have an installed capacity of 13,062MW.

It is expected that they will be able to produce 66.944 billion kWh per year and that this will be more than sufficient to meet the needs of the domestic market. The government also hopes to supply more electricity to its regional neighbours. VIENTIANE TIMES/ASIA NEWS NETWORK

MOST VIEWED

  • Chinese group tours return to Cambodia starting Feb 6

    Cambodia is among 20 countries selected by Beijing for a pilot programme allowing travel agencies to provide international group tours as well as flight and hotel packages to Chinese citizens, following a three-year ban. As the days tick down until the programme kicks off on February 6,

  • Capital-Poipet express rail project making headway

    The preliminary results of a feasibility study to upgrade the Phnom Penh-Poipet railway into Cambodia’s first express railway indicate that the project would cost more than $4 billion and would take around four years to complete. The study was carried out by China Road and

  • Thai boxers to join SEA Games’ Kun Khmer event

    The Cambodian SEA Games Organising Committee (CAMSOC) – together with the Kun Khmer International Federation (KKIF) and Khmer Boxing Federation – have achieved a “great success” by including Kun Khmer in the upcoming biennial multi-sports event on its home soil for the first time, said a senior

  • Bullets to bracelets: Siem Reap man makes waste from war wearable

    Jewellery is often made from valuable gemstones like emeralds or diamonds and precious metals like gold or silver, or valueless things like animal horns. But a man in Siem Reap has approached the manufacture of delicate pieces from a different angle. His unique form of

  • 61% of 2022 imports came from just 3 markets

    The three largest exporters to Cambodia – mainland China, Vietnam and Thailand – accounted for 60.94 per cent of the Kingdom’s total merchandise imports last year, at $18.245 billion, which was up 11.99 per cent over 2021, according to the General Department of Customs and Excise. Cambodia’s total imports

  • CPP sets out five primary strategic goals for 2023-28

    The Cambodian People’s Party (CPP) on January 29 concluded its two-day extraordinary congress, setting the party’s priority goals for 2023-2028. The ruling party’s congress was attended by more than 3,000 members from across the Kingdom, including the members of the permanent and central committees,