Laos will soon sell electricity to Singapore under the Laos - Thailand - Malaysia - Singapore Power Integration Project (LTMS-PIP), Vientiane Times reported.
Vientiane (VNA) – Laos will soon sell electricity toSingapore under the Laos - Thailand - Malaysia - Singapore PowerIntegration Project (LTMS-PIP), Vientiane Times reported.
The power purchase agreement was signed by the Lao state-owned Electricite du Laos (EDL) and Singapore’sKeppel Infrastructure Holdings last week.
Accordingly, Laos will export 30 MW ofelectricity in the dry season and 100 MW in the rainy season to Singapore in 2022and 2023.
LTMS-PIP was initiated by the four countries in September2014 to trade power among the neighbouring countries through the ASEAN Economic Community and ASEAN Power Grid.
Addressing the agreement signing ceremony, Managing Directorof EDL Chanthaboun Soukaloun said LTMS-PIP is anotheroutstanding milestone for a bigger goal of setting up an ASEAN Power Grid in the near future.
Over the past years, to serve domestic demand and export, theLao Government has built a number of hydropower plants and is planning manymore so as to realise the goal of turning this country into the “battery ofSoutheast Asia”./.
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