Delays force Egat to cancel laos electricity deals 28-JUL-2008 Intellasia | The Nation Jul 28, 2008 - 7:00:00 AM
The Electricity Generating Authority of Thailand (Egat) has cancelled a deal to buy electricity from four hydropower plants in Laos after the developers faced a 30-per-cent hike in construction costs and could not proceed with the projects as planned.
"This will delay the feed of power into the system, and Egat may need to adjust electricity rates upwards, in line with higher costs. However, the purchase price must not exceed Egat's power-generating cost," governor Sombat Sarntijaree said yesterday.
The Nam Thuen 1, Nam Ngum 3, Nam Ngieb and Nam Ou plants have agreed to sell a combined 2 gigawatts to Thailand, but they are expected to delay exports by one year to 2014.
Laos will need to submit a new proposal for power purchases from the four plants or even new projects, Sombat said.
The Energy Ministry said earlier that the Lao government planned to propose selling power from three or four small plants in the lower Northeast with a combined capacity of 1GW.
Thailand and Laos agreed to the supply of 7GW. While Egat's memorandum of understanding with the four now-stalled plants covered 2GW, the countries are negotiating for the rates of the remaining 5GW.
As domestic capacity expansion grows tougher on environmental concerns, Thailand is looking to buy power from her neighbours, including Cambodia.
Sombat said the Cambodian government recently sent a list of potential developers and that Egat would select the one offering the lowest quote, which must be below Egat's generating cost.
The interested parties are a consortium of Electricity Generating and Italian-Thai Development and a consortium of the Charoen Pokphand Group and local investors.
A 7.2GW coal-fired power plant in Koh Kong, Cambodia, is expected to start supplying power in 2016.
wow too bad oh well, Lets laos bring in Chinese bussiness and help laos build dam over the mekong river instead much cheaper electricity and also it will benefit laos more then thai bussiness. And yea vietnam should do the same investment.
If Thai dont want it. China and Vietnam will build it. Vietnam will outgrow Thailand in the next few years. They will need more electricity than Thailand. All i can say, good luck with Cambodia. As specially right now.
If Thai dont want it. China and Vietnam will build it. Vietnam will outgrow Thailand in the next few years. They will need more electricity than Thailand. All i can say, good luck with Cambodia. As specially right now.
Thats true my friend went to laos this mouth she said alot of things are growing and alot of bussiness are mostly now from China bussinessmen and for labor there is vietnamese that want to help out her niegbor. I am sure China will take over the project since now the deal is off.
They buy from Cambodia?. Cambodian hates Thai. At least some Laotian still call Thai pee nong. They are going to the snake pit in Cambodia. Better not do something stupid. The snake will bite or take their land back.
Thailand does not have too many friends left in South East Asia. They gonna be in an economic crunch sooner than later.
All i have to say is good bye thailand if they are not gonna be nice why should laos even bother doing major bussiness with them??? I mean small bussiness is ok with thailand as long as is not all thai that and this. And plus thailand doesnt really want to help out laos anyways but china and vietnam are doing that alot better and nicer.
The one who wrote the title of this topic "ສົມນໍ້າຫນ້າ Thai cancel to buy electricity from Laos !" is really ill-minded and so mean to the country of your mother, father 's birth place. What makes you say that???????
Any way, I think the Thai side is not only playing business games with Laos and Cambodia, but also playing politics with a conflict of interests. if you follow news about Thailand and Cambodia , you should know why "Koh kong" in Cambodia is chosen as an alternative place to supply power to Thailand.
and also it will benefit laos more then thai bussiness.
I have told you and many others not to say more then..... Always say more than(for the purpose of comparision: e.g. bigger than, smaller than, larger than, Don't say more then again. Say more than.
and also it will benefit laos more then thai bussiness.
I have told you and many others not to say more then..... Always say more than(for the purpose of comparision: e.g. bigger than, smaller than, larger than, Don't say more then again. Say more than.
please forgive him, he is young and knows no much of what he is saying.
hhmmmm... aren't they under the contract??? they just gonna bail out like that??? whoever put together the deal together, must of have some sort of contracts..