The Lao government has signed a contract with CH. Karnchang Public Company Limited’s subsidiary – Nam Ngum 2 Power Company – to develop the 4,756 billion baht Nam Bak hydroelectric power (HEP) plant. The installed capacity of the plant will be 160 MW. The construction cost is estimated at 4,042 billion baht. CH. Karnchang Public Company Limited will be the contractor. It has already constructed the Nam Ngum 2 and Xayaburi hydropower projects in Laos