Hoang Anh Gia Lai invests in Lao hydropower plants

VNEconomyNews.com

1 minute read Feb. 15, 2011

Hoang Anh Gia Lai Group (HAGL Group) invested US$145 million in the Nam Kong 2 and 3 hydropower plants in Laos earlier this month, according to Doan Nguyen Duc, chairman of HAGL Group’s administration board.

The plants are expected to be completed by the middle of 2013 with a total capacity of 120MW per year.

The group has invested in three key spheres in Laos including steel ore, hydropower and rubber, with a total investment capital of $500 million.

Find out more and join us. →

Related to this story

Topics

Energy

Regions

Most popular

News / Energy

DBS ‘circumspect’ about scaling Indonesia’s first early coal retirement nationwide

Cirebon 1’s financial advisor says the model "might not be replicable" nationwide as grid stability costs were overlooked …
News / Carbon & Climate

How Southeast Asian countries are positioning themselves at COP29

Eco-Business takes a look at the key issues being pushed at the pavilions of Asean countries at the …
Videos / Energy

How to close a coal plant early? Transition credits, explained

This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean …
News / Energy

Australia’s Woodside Energy defends climate strategy, cites cost as a barrier to gas decarbonisation

In an interview with Eco-Business, CEO Meg O'Neill says Woodside will have to engage investors on natural gas …
News / Energy

Can Bangladesh cut its reliance on fossil fuel imports?

As Bangladesh pays debts to Indian energy firm Adani Power, its new government wants to go green.
News / Energy

Southeast Asia’s mineral boom for renewable energy sparks social unrest

Global Witness warns that mining for green energy is fuelling conflict and human rights abuses in Asia and …

Featured Events

Publish your event

Hoang Anh Gia Lai invests in Lao hydropower plants