Active Development AidData Chinese Aid

China Eximbank pledges loan for Sekong Coal-Electricity Integration Project

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Laos
Country	Lao People's Democratic Republic
Start Date	Mar 17, 2016
End Date	Jan 29, 2032
Duration	5,796 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`63787`

Grant Description

China Eximbank pledges loan for Sekong Coal-Electricity Integration Project On March 17, 2016, EDL-Generation Company Limited (EDL-Gen) — a state-owned power company in Laos — and China National Heavy Machinery Corporation (CHMC) signed a $2.1 billion EPC contract.

The purpose of this project, which is located in Xékong Province, is to construct one coal mine with an annual production capacity of 3 million tons (raw coal), and one pit-mouth power plant with an total design installation capacity of 700MW (2 sets 350MW generator units).

The anticipated period of construction is 48 months, and the project was originally scheduled to use a buyer’s credit loan (or ‘commercial loan’) from China Eximbank. However, it does not appear that a China Eximbank loan was ever finalized.

📋 Staff Comments

This project is also known as the Xékong Coal-Electricity Integration Project. The Chinese project title is 老挝色贡煤电一体化项. Électricité du Laos (EDL) is the state corporation of Laos that owns and operates the country's electricity generation, electricity transmission and electricity distribution assets. The company also manages the import and export of electricity from the national electricity grid of the country. EDL-Generation Company Limited (EDL-Gen) was incorporated in 2010 and operates as a subsidiary of Electricite Du Laos.

📚 Sources & References

四川局发挥专业优势服务“一带一路”建设
中企对老挝投资合作指南
CHMC Signed Laos Xékong Coal-electricity Integration Project EPC Contract
Vientiane power station
中国重机签署老挝色贡煤电一体化项目EPC合同 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.

All Grantees

Government of Laos

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