SET-listed BCPG Plc, a renewable energy arm of Bangchak Corporation Plc, plans to build Asean’s largest wind farm in Laos to generate revenue from rising demand for electricity.
The company announced it will spend US$ 840 million, around 26.8 billion baht, developing the facility, with a capacity of 600 megawatts, on 400,000 rai in southern Laos.
The farm will be located near the Mekong River across Ubon Ratchathani.
Electricity will be sold to Vietnam’s state-run Electricity Vietnam (EVN).
President and chief executive Bundit Sapianchai said his company plans to sign a power purchase agreement with EVN this October to kick start the project, named “Swan”.