Impact Energy Asia Company Limited will develop a 600 MW monsoon wind project in southern Laos under an agreement signed by the Lao government and the Thai renewable energy firm. The wind farm will be located near the Mekong river across Ubon Ratchathani. The investment involved is estimated at $1.5 billion and operations are expected to begin from 2019. The company has already completed wind measurement, the feasibility study and environment impact assessment study for the project. About 95 per cent of the power output is expected to be sold to Asian markets, mainly to Thailand.