PROJECT HISTORY

1970s
 Nam Theun River’s hydropower potential identified by Mekong Secretariat.
1989/91
 World Bank feasibility study undertaken by Snowy Mountains Engineering Corp.
1993
  Agreement to develop the. Project in accordance with World Bank guidelines signed between Government of Laos (GOL) and Private Sponsors (NTEC)
1997
 First series of environmental and social Safeguards documents produced.
1997/98
 Asian Crisis: Governments of Laos and Thailand agree to delay development of the Project.
2000
 EGAT and NTEC agree on a proposed electricity tariff in May
2001
 Shareholders Agreement signed in September
2002
 NTEC and GOL create NTPC as a Lao company in September
2002/03
 Concession Agreement signed in October
2003
 Power Purchase Agreements signed with both EGAT and EDL in November
2004
 Completion of safeguard documents and Project financing activities.
2005
 Financial Closed (FC) and beginning of full construction activities in May
2005 Nam Theun 2 Cornerstone Ceremony in November
 
2005 
Construction activities and implementation of safeguards.
2006 Nam Theun 2 River Diversion Ceremony in March
 
2009
   Beginning of Commercial Operation (COD) in December.
     

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