Chinese state-owned firm sues over $555m owed by Lao national power utility
PUBLISHED : 5 Mar 2025 at 20: 35
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The Nam Ou River Cascade Hydropower project is one of the largest in Laos, accounting for 7% of the 18 GW of hydropower capacity in the country. (Photo: PowerChina)
A Chinese state-owned company is suing the national power utility of Laos for $555 million in unpaid fees from a hydropower project, according to an arbitration filing reviewed by Reuters.
The case has been filed in Singapore against Electricite du Laos (EdL) by a unit of Power Construction Corp of China (PowerChina). It stems from electricity generated by the $2.7-billion Nam Ou River Cascade Hydropower project since it began producing power in 2021.
The power project, operated by the PowerChina subsidiary Nam Ou Power, has a generating capacity of 1.27 gigawatts (GW) from its seven cascades along 350 kilometres
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