Nam Theun 2 Power Company Explained

The Nam Theun 2 Power Company Limited (NTPC) is a company set up to build and operate the Nam Theun 2 Multi-Purpose Project in Khammouane Province in Laos.

Ownership

It is owned by a consortium comprising:

• Electricité de France International (EDFI) of France (40%), a wholly owned subsidiary of the state-owned French power company Electricité de France (EDF);
• Electricity Generating Public Company (EGCO) of Thailand (35%), a leading owner and operator of independent power plants in Thailand that itself is owned by the state-owned Thai power company EGAT (25.4%) and the Hong Kong-based privately owned international CLP Group (22.4%);
• Government of Laos (25%), represented by Lao Holding State Enterprise (LHSE).^[1]

Governments and government-owned enterprises own a majority of NTPC. This situation is atypical for an Independent Power Project (IPP) where normally the power generating company is privately owned.

Notes and References

1. http://www.namtheun2.com/index.htm NAM THEUN 2 HYDROELECTRIC PROJECT