Electricity production
Hydropower dams
PPA for Mega First’s Laos unit
Mega First Corp Bhd said its 80%-owned power generation unit in Laos, Don Sahong Power Co Ltd, has secured the power purchase agreement for its hydropower project. Keep reading ...
IFC to lead sustainable hydro in Myanmar
The International Finance Corporation (IFC) has signed to advise the government on environmental and social risk management for hydropower projects nationwide. This is the first time anything like this will be done in Myanmar. Commentators say they hope it will serve as the basis for transparent ...
Don Sahong project to begin construction in November
The 260-MW Don Sahong hydroelectric project is anticipated to begin construction before the end of this year after a number of agreements related to the project have been signed to guide the project’s go ahead. The Lao Ministry of Energy and Mine’s Policy and Planning Department ...
Groups slam dam go-ahead
Advocacy groups on 21 September voiced their “strong disappointment” over the approval of the concession agreement for the controversial Don Sahong hydropower dam in Laos. Keep reading ...
Vietnamese environment group voices concerns over Mekong dam
An environmental watchdog based in Vietnam is asking the Laos government to reconsider the construction of a controversial hydropower plant along the Mekong River. The non-governmental organisation Vietnam River Network issued a press release on 18 September stating that the Don Sahong project, the second largest ...
Floods wreak havoc in Kampot
Residents of Kampot province continued to feel the devastating effects of widespread flooding in the area caused by the opening of the Kamchay Hydropower Dam, which has left thousands temporarily homeless and crippled local businesses. Keo Vy, spokesman of the National Committee for Disaster Management, said ...
Hundreds flee homes after dam gates opened
More than 500 homes were flooded in Kampot province’s Toek Chhou district on 16 September morning after the gates of the Kamchay Hydropower Dam were opened, according to officials, with the chiefs of two of three affected communes saying they were given little or no advance ...
Mega First shares jump 9.22% on news of Laos power plant
Shares in Mega First Corp Bhd soared 19 sen or 9.22% to as high as RM2.25 on 17 September on news that it has secured a power plant project in Laos worth RM2.15 billion. At 2.53pm, Mega First narrowed its gains to trade at RM2.22, still up 16 ...
Mekong river ecosystem at risk over dam construction in Laos
The construction of a dam in Laos is endangering the ecosystem of the Mekong river, one of the world’s largest rivers running a length of 5,000 km (3,107 miles) and a source of life and livelihood for millions living along its banks. The dam threatens the ...
Mega First gets hydropower concession in Laos
Power and quarry player Mega First Corp Bhd said an 80%-owned unit has secured a 25-year hydropower concession in Laos. The 260MW run-of-river project will cost the firm about US$500mil (RM2.15bil) and the company planned to fund it using internally generated funds and long-term debt. Keep reading ...
