公司新闻
Houay Ho Power Company Limited signs Memorandum of Understanding with Government of Lao PDR for Feasibility Study
29/03/2010
Houay Ho Power Company Limited signs Memorandum of Understanding with Government of Lao PDR for Feasibility Study
Vientiane, 26 March 2010- Houay Ho Power Co., Ltd. (HHPC) today signed a Memorandum of Understanding (MOU) with the Government of Lao PDR (GOL) to study the feasibility of a hydro-power plant on Xepian – Houay Soy rivers in the Attapeu province.
The signing took place in Vientiane, in the presence of HE Deputy Minister Thongmy Phomvixay, representing the GOL, Mr. Esa Heiskanen, the Chairman of the Board of HHPC and the CEO of Glow Group; Mr. Yoong Park, the CEO and Managing Director of HHPC, and other executives representing Glow, its partners Electricite Du Laos (EdL) and Hemaraj Land and Development PLC, Government of Laos and French Embassy.
“The signing of this MOU is an important step forward for HHPC, being a pioneer IPP business in Laos, in its aim to grow its business and continue to contribute to the development of Laos and the communities around us”, said Mr. Park.
The MOU provides exclusivity for HHPC to study the feasibility of a hydro-power plant in the lower Xepian river. The feasibility study will cover hydrological, topographical and geological, as well as socio-economical and environmental impact studies. The results of the study, including technical configurations and financial assessment, will be available in 18 months time.
“The initial studies indicate that Xepian – Houay Soy would be a good project, and through this expansion we hope to be able to enhance the use of the existing infrastructure already invested in HHPC. The project would almost double the installed capacity of HHPC and its export of electricity to Thailand. This MOU also demonstrates Glow’s and other shareholders’ commitment to further invest in Laos, thereby bringing significant benefits to Attapeau Province, people of Lao PDR and Thailand. For Glow, corporate citizenship is a core value that we want to put at the heart of this project, so that it will contribute in a responsible way to the development of the Province, and the country in general.” noted Glow’s CEO Mr. Esa Heiskanen.
Notes to Editors:
About Houay Ho Power Company Limited.
Houay Ho Power Company (HHPC) is a joint venture between Glow Energy Plc., EDL and Hemaraj Land and Development Plc. Their shareholdings in the venture are 67.25%, 20% and 12.25% respectively. It is an independent power producer (IPP) established in 1996. The company runs a 152 MW hydroelectric power plant on the Houay Ho river in Laos People’s Democratic Republic under a build, operate and transfer agreement (BOT) with the Laos Government, and to generate and supply electricity to Thailand.
For further information concerning Houay Ho Power Co., Ltd. please visit our website at www.houayho.com, or contact tel: (856) 36-211720-1 - Fax: (856) 36-211719
About Glow Energy
Glow Energy is a member of the Glow Group, who is a major energy player in Thailand. Glow Group’s combined installed capacity is 1,860 MW (Glow’s stake is 1,775 MW) of electricity and 967 tons per hour of steam.
Glow Group generates and supplies electricity to Electricity Generating Authority of Thailand (EGAT) under Thailand's SPP (Small Power Producer) and IPP (Independent Power Producer) programs, as well as electricity, steam, industrial water and services to large industrial customers principally located in the Map Ta Phut area and nearby.
GDF SUEZ Energy Europe & International is Glow Energy’s major shareholder and is a division of the GDF SUEZ Group, one of the largest international industrial and services groups in the world.
For more information about GDF SUEZ please visit the companies’ website at www.gdfsuez.com.. For more information about the Glow Group please go to www.glow.co.th
For further details please contact
Natthapatt Tanboon-ek
Glow Energy Plc.
Tel. 02-670-1500-1
Email : natthapatt@glow.co.th
About Hemaraj Land and Development Public Company Limited
Hemaraj Land And Development Public Company Limited is Thailand’s leading developer of Industrial Estates, Utilities, and Property Customer Solutions. The company develops and manages six industrial estates covering a total area of 31,300 rai or 13,000 acres with automotive, petrochemical and other clusters comprising 407 distinct customers, 137 automotive customers, 602 factory contracts, and customer investment estimate of USD 18 billion generating more than 53,000 jobs.
About EDL
Founded in 1959, EDL is a State Owner Enterprise (SOE) and promotes economic development in the Laos PDR by providing electricity and related services to customers by the most economical means. As an autonomous SOE, it is required to be profitable and self-financing to meet the leader’s [lender’s?] loan covenants and performance targets set by the state. EDL’s business activities are to search for electrical energy sources; to generate, transmit, sell and purchase electricity both inside and outside the country; to import vehicles, electrical materials and equipment for its use; to invest and participate in joint venture investments for the generation, transmission and sale of electricity; to produce, service, and repair equipment relating to the electrical industry; and other subsidiary activities for its sole purpose and for domestic and foreign markets sale.
EDL’s Vision
To be one of the leading state enterprises for socio-economic development promoting Laos PDR in power supply nationwide, to ensure capital provision and transform Laos PDR into one of the major sources of power generation in the ASEAN power grids.
For further information, please contact EDL:
Nongbone Road, Ban Fay; Saysettha Distict, P.BOX: 309 Vientiane, Lao PDR.
Tel : (856-21) 451519 - 22, 21 451537
Fax: (856-21) 416381; 21 263794
e-mail: edlgmo@laotel.com
website: www.edl-laos.com
Vientiane, 26 March 2010- Houay Ho Power Co., Ltd. (HHPC) today signed a Memorandum of Understanding (MOU) with the Government of Lao PDR (GOL) to study the feasibility of a hydro-power plant on Xepian – Houay Soy rivers in the Attapeu province.
The signing took place in Vientiane, in the presence of HE Deputy Minister Thongmy Phomvixay, representing the GOL, Mr. Esa Heiskanen, the Chairman of the Board of HHPC and the CEO of Glow Group; Mr. Yoong Park, the CEO and Managing Director of HHPC, and other executives representing Glow, its partners Electricite Du Laos (EdL) and Hemaraj Land and Development PLC, Government of Laos and French Embassy.
“The signing of this MOU is an important step forward for HHPC, being a pioneer IPP business in Laos, in its aim to grow its business and continue to contribute to the development of Laos and the communities around us”, said Mr. Park.
The MOU provides exclusivity for HHPC to study the feasibility of a hydro-power plant in the lower Xepian river. The feasibility study will cover hydrological, topographical and geological, as well as socio-economical and environmental impact studies. The results of the study, including technical configurations and financial assessment, will be available in 18 months time.
“The initial studies indicate that Xepian – Houay Soy would be a good project, and through this expansion we hope to be able to enhance the use of the existing infrastructure already invested in HHPC. The project would almost double the installed capacity of HHPC and its export of electricity to Thailand. This MOU also demonstrates Glow’s and other shareholders’ commitment to further invest in Laos, thereby bringing significant benefits to Attapeau Province, people of Lao PDR and Thailand. For Glow, corporate citizenship is a core value that we want to put at the heart of this project, so that it will contribute in a responsible way to the development of the Province, and the country in general.” noted Glow’s CEO Mr. Esa Heiskanen.
Notes to Editors:
About Houay Ho Power Company Limited.
Houay Ho Power Company (HHPC) is a joint venture between Glow Energy Plc., EDL and Hemaraj Land and Development Plc. Their shareholdings in the venture are 67.25%, 20% and 12.25% respectively. It is an independent power producer (IPP) established in 1996. The company runs a 152 MW hydroelectric power plant on the Houay Ho river in Laos People’s Democratic Republic under a build, operate and transfer agreement (BOT) with the Laos Government, and to generate and supply electricity to Thailand.
For further information concerning Houay Ho Power Co., Ltd. please visit our website at www.houayho.com, or contact tel: (856) 36-211720-1 - Fax: (856) 36-211719
About Glow Energy
Glow Energy is a member of the Glow Group, who is a major energy player in Thailand. Glow Group’s combined installed capacity is 1,860 MW (Glow’s stake is 1,775 MW) of electricity and 967 tons per hour of steam.
Glow Group generates and supplies electricity to Electricity Generating Authority of Thailand (EGAT) under Thailand's SPP (Small Power Producer) and IPP (Independent Power Producer) programs, as well as electricity, steam, industrial water and services to large industrial customers principally located in the Map Ta Phut area and nearby.
GDF SUEZ Energy Europe & International is Glow Energy’s major shareholder and is a division of the GDF SUEZ Group, one of the largest international industrial and services groups in the world.
For more information about GDF SUEZ please visit the companies’ website at www.gdfsuez.com.. For more information about the Glow Group please go to www.glow.co.th
For further details please contact
Natthapatt Tanboon-ek
Glow Energy Plc.
Tel. 02-670-1500-1
Email : natthapatt@glow.co.th
About Hemaraj Land and Development Public Company Limited
Hemaraj Land And Development Public Company Limited is Thailand’s leading developer of Industrial Estates, Utilities, and Property Customer Solutions. The company develops and manages six industrial estates covering a total area of 31,300 rai or 13,000 acres with automotive, petrochemical and other clusters comprising 407 distinct customers, 137 automotive customers, 602 factory contracts, and customer investment estimate of USD 18 billion generating more than 53,000 jobs.
About EDL
Founded in 1959, EDL is a State Owner Enterprise (SOE) and promotes economic development in the Laos PDR by providing electricity and related services to customers by the most economical means. As an autonomous SOE, it is required to be profitable and self-financing to meet the leader’s [lender’s?] loan covenants and performance targets set by the state. EDL’s business activities are to search for electrical energy sources; to generate, transmit, sell and purchase electricity both inside and outside the country; to import vehicles, electrical materials and equipment for its use; to invest and participate in joint venture investments for the generation, transmission and sale of electricity; to produce, service, and repair equipment relating to the electrical industry; and other subsidiary activities for its sole purpose and for domestic and foreign markets sale.
EDL’s Vision
To be one of the leading state enterprises for socio-economic development promoting Laos PDR in power supply nationwide, to ensure capital provision and transform Laos PDR into one of the major sources of power generation in the ASEAN power grids.
For further information, please contact EDL:
Nongbone Road, Ban Fay; Saysettha Distict, P.BOX: 309 Vientiane, Lao PDR.
Tel : (856-21) 451519 - 22, 21 451537
Fax: (856-21) 416381; 21 263794
e-mail: edlgmo@laotel.com
website: www.edl-laos.com