State-owned corporation of Laos Electricite du Laos ("EDL") will work with XJ Group Corporation and Asia International Import-Export Company after reaching an agreement on tariffs for the planned Don Isom-Tadsomphamit hydropower project ("Project") in Champassak province, Laos. The Memorandum of Understanding ("MOU") in relation to the Project was signed by, amongst others, EDL Managing Director SisavathThiravong and XJ Group Corporation Deputy General Manager Cheng Limin. Speaking during the signing ceremony, Mr Limin said that the signing of the MOU by the parties concerned was the first step towards the completion of the project.
The proposed dam is located in Khong district, Champassak province. Construction is expected to take two or three years at an estimated cost of US$28 million. The dam will have an installed capacity of 10MW, and will be capable of producing 32.4 gigawatt hours per annum. The electricity generated by the project will be connected to the grid by a 22 kV transmission line, with the power to be purchased by EDL for a period of 30 years.