South Korea-based Doosan Heavy Industries and Construction has partnered with Korea Western Power (Kowepo), a subsidiary of Korea Electric Power (Kepco), to develop a 728 MW hydropower public-private partnership (PPP) in Phou Ngoy, southern Laos. The consortium includes Thailand-based Charoen Energy and Water Asia, Kowepo and Doosan. Doosan and Kowepo will jointly develop the project and cooperate with local manufacturers on project components. Doosan is also the EPC contractor and will handle the equipment supply and construction works. The project is under a build-operate-transfer (BOT) model with total project cost of around $2.4 billion.The consortium targets beginning construction in 2022 and completing the project by 2029.