ABOUT LAO SOLAR PROJECT

Attapeu Province, Lao P.D.R

In 2016, Convalt Energy, a US-based renewable energy company and operator, started developing a 300 MW Solar Power Project in the Province of Attapeu, Southern Lao PDR in Southeast Asia. This project is in the final stages of development.

Convalt Energy, alongside DigiCollect LLC, an affiliate of Convalt Energy Inc., has performed and completed the First Basic Site Survey of the Lao Solar Project site. The Site Survey shows promising characteristics for the success of the proposed Solar Power Project and provides a foundation for the completed Full Feasibility Study. This Site Survey Report will be distributed to potential EPC Contractors ahead of time in order to fast-track the coming Tendering Process for the construction of the project.

As part of relating the Feasibility Study for this project, the project inception reports and quarterly report were submitted to the Government of Lao PDR on Monday, January 26, 2018. Both reports were submitted in five copies in the Lao language and five copies in the English language as well as one soft copy as per the Government of Lao PDR request.

DigiCollect LLC performed the first detailed Feasibility Study draft for the 300 MW Solar Attapeu Project. Feasibility Study Issue No.3 was submitted in mid-November of 2018, four months ahead of the pre-agreed schedule. It has received Interim Approval.

Convalt Energy is currently in the process of implementing the Project Development Agreement and drafting the Concession Agreement prior to the negotiation of the Power Purchase Agreement with Vietnam Electricity (EVN).

Project Overview

Power Off-taker:

Vietnam Electricity Group ('EVN')

Location:

Attapue Province, Lao P.D.R

Attapue Surface Area:

850 Acres

Commercial Operation Date:

Q4, 2024

Value:

$250 million USD

Financial Advisor:

ACO Investment Group

Legal Advisor:

Freshfields (Singapore)

Technical Advisor:

Convalt Energy

Lenders Legal Advisor:

TBD

Lenders Engineer:

TBD

Lead Debt Arranger:

Mizuho Bank

Master EPC:

Convalt Energy

Project Status:

(dd/mm/yyyy):

Memorandum of Understanding (MOU)

31/08/2017

TOR and Scoping Report

31/08/2017

Feasibility Certificates

26/12/2017

Environmental Compliance Certificate (upon approval of ESIAs, including EMMP)

13/12/2018

MOU Extension

03/03/2021

Project Development Agreement (PDA)

In progress

Share holder agreement

In progress

Power Purchase Agreement (PPA)

In progress

Tariff Agreement

In progress

Water Use Permit

In progress

Concession Agreement (CA)

In progress

Investment license

In progress

Contact us

We will be happy to answer all your questions! Convalt Energy operates multiple entities with one core mission: Make Earth Cool Again.
First and Last Name
Company
Phone
Valid
E-mail
Area of Interest
Message
0 / 500