PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604513

Primary Business Area

Infrastructure

Disclosure Date

Feb 23, 2021

Country

Lao People's Democratic Republic

Region

East Asia and the Pacific

IFC Approval Date

Mar 11, 2020

Status

Completed

Estimated Total Budget

$1,297,791.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Mar 16, 2020

Project Estimated End Date

Dec 31, 2021

Project Description

The Project seeks to facilitate private investment in Lao PDR’s transmission sector. As Lao PDR seeks to position itself as the battery of South East Asia by selling its surplus generation of power, a key bottleneck it faces is lack of power transmission infrastructure to connect seamlessly its Independent Power Producers to the neighbouring export markets. The Laotian government is keen to support transmission investments required to enable offtake of surplus power generated through engagement with the private sector. The broad components of the Project are: I) Market Assessment: Sector scoping and market assessment of Laotian power transmission sector to identify opportunities for Private Investment. II) Development of Demonstration Projects: a) Identification and pre-feasibility of specific transmission lines that can be awarded to private sector b) Developing bankable structures/transactions. The transmission projects developed will serve as pilots for replication and sector scale-up. III) Unlocking Markets: a) Engaging with neighbouring governments and their power sector agencies to secure buy-in on transmission corridors to facilitate bulk trade - special focus on developing transmission interconnections with Vietnam. b) Securing buy-in of multiple other stakeholders

Development Results

E&S Risks / Impacts and Mitigation