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China Eximbank provides preferential buyer's credit for 30MW Houay Palai Hydropower Station Project

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Laos
Country	Lao People's Democratic Republic
Start Date	Nov 13, 2017
End Date	Dec 31, 2028
Duration	4,066 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`62830`

Grant Description

China Eximbank provides preferential buyer's credit for 30MW Houay Palai Hydropower Station Project On November 13, 2017, China Eximbank and the Lao Ministry of Finance signed a preferential buyer's credit (PBC) agreement for the Houay Palai Hydropower Station Project. The face value and the borrowing terms of the PBC are unknown.

This project involves the construction of a 30MW diversion power station in Champasak Province.

Upon completion, its reservoir adjustment storage capacity is expected to reach 8.57 million cubic meters, which will become a regulating reservoir with an annual power generation of 124 million kWh that can consistently generate electricity in the rainy and dry seasons.

📋 Staff Comments

This project is sometimes transliterated as Huay Prap Hydropower Project or Huaibole Hydropower Project. The Chinese project title is 色省怀博莱水电站项目 or 占巴色省怀博莱水电站项目. The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.

📚 Sources & References

中国进出口银行提供贷款支持老挝占巴色省怀博莱水电站项目
Houay Palai Hydropower Station
The 9th Laos-China Economic and Trade Technical Cooperation Committee
Lao And Chinese Ministries Pledge Strengthened Cooperation
高燕副部长率政府经贸代表团访问老挝
China Overseas Development Finance Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.