BCPG, a subsidiary of Bangchak Corporation Public Limited Company, has announced that it plans to commence cross-border supply of electricity from Laos to Vietnam.
Renewable energy (RE) will be supplied through a 220 kv transmission system to state-owned Vietnam Electricity (EVN). Energy will be sourced from the Nam Tai hydropower project, works on which is 90 per cent completed. Supply of electricity to Vietnam is scheduled to commence in September 2022.
BCPG acquired the transmission system after gaining a 25 per cent stake in Laos-based Nam Tai Power Sole Company. The investment was made through BCPG Indochina Company.