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 Project History

Development of the project was originally funded and undertaken be Daewoo Engineering/Construction Company of Korea as an EPC Contractor in 1993. Daewoo was given a 30-year BOT Agreement from the Government of Lao PDR to develop the hydroelectric resources of the Bolaven Plateau, which had been untapped, but which provided the best site for harnessing hydropower. The plant became operational in September 1999, and has supplied electricity to the Electricity Generating Authority of Thailand (EGAT) without interrupting ever since

GDF SUEZ Energy International, in conjunction with Houay Ho Thai Co., Ltd. became an electricity operator in Laos, with the purchase a controlling stake in the venture in early 2002.

In 2009, Glow Co., Ltd. acquired a 67.25% stake from GDF SUEZ Energy International, whereby Glow Group became the main shareholder of HHPC.

 Key Dates

1993 Daewoo Engineering/Construction Company  (Korea), an EPC contractor, ventured into Lao PDR hydroelectric resources in Bolaven plateau
23/Sep/1993  Signature of 30-year BOT Agreement   (Duration: 1999 – 2029)
27/Jun/1996   Company Establishment
24/Jun/1997   Signature of Power Purchase Agreement with EGAT  (Duration: 1999 – 2029)
3/Sep/1999 COD
22/Jan/2002  Partial acquisition of HHPC by Suez Energy International (60% shareholder)
23/Dec/2002 Achievement of Project Financing
28/May/2009   Partial acquisition of HHPC by Glow Group (67.25% shareholder) and Hemaraj Land and Development (12.75% shareholder)

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