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Substantial steps have been taken in the cooperation between China and Laos in the field of power tr

Date:2021-03-17  Hits:28

The reporter learned from China Southern Power Grid Yunnan International Company that the Lao National Transmission Grid Corporation, jointly funded by China Southern Power Grid and Lao National Power Company, officially signed a franchise agreement with the Lao government on March 11. The cooperation between the two countries in the field of power transmission has taken substantial steps.

According to the agreement, under the supervision of the Lao government, the Lao National Transmission Grid Corporation will act as the Lao National Grid Operator, responsible for the investment, construction, and operation of the Laos 230kV and above power grid and cross-border interconnection projects with neighboring countries. The company will provide safe, stable and sustainable power transmission services for the economic and social development of Laos and the improvement of people's living standards, promote the consumption of hydropower in Laos, and help Laos transform its advantages in hydropower resources into economic advantages.

(Source: Xinhua Silk Road Network)

 
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