ORGANIZATION The Nam Theun 2 Power Company Limited (NTPC) is a limited liability company that was incorporated under Lao PDR law on August 28, 2002. Its registered office is in Vientiane, Lao PDR. The purpose of NTPC is to develop, finance, built and then operate the Nam Theun 2 hydroelectric project. NTPC is owned by EDF
International (EDFI)
– a wholly owned subsidiary of Electricité de
France (EDF), the Lao Holding State Entreprise (LHSE) -
a company wholly owned by the Government of the Lao PDR, Electricity
Generating Public Company (EGCO) of Thailand and Italian-Thai
Development Public Company (ITD) of Thailand, together the «Shareholders».
Electricité de France and EDF International (EDFI) Role in Project: EDF is a public law entity
owned by the French Government. The EDF group ranks as one
of the largest enterprises in France and is one of the largest
electric utility entities in the world with a total generating
capacity of 101,255 MW including 20,655 MW of hydroelectric
capacity. Outside of France, EDF, through EDFI, has shareholdings
in approximately 44,828 MW of additional generating capacity
(including plants under construction). EDF has participated
in the construction of more than 600 hydroelectric schemes
in France and elsewhere through the provision of hydroelectric
and hydraulic expertise. Centre d’Ingénierie
Hydroélectrique (CIH), the responsible division within
EDF, is a world leader in undertaking hydroelectric related
work, including the design, construction and testing / commissioning
of projects. Link to
www.edf.fr
Lao Holding State Enterprise (LHSE) Role in Project Lao Holding State Enterprise (LHSE) is a state owned company established on 23 February 2005 to have responsibility for holding the Government of Lao PDR (GOL)’s shares in NTPC . In an effort by GOL to optimize the management of its revenue from Nam Theun 2, LHSE was created as the entity through which GOL's Nam Theun 2 revenue will pass. LHSE replaces Electricit é du Laos (EDL), the former GOL’s shareholder in NTPC . Link to www.poweringprogress.org
Electricity Generating Public Company Limited (EGCO) Role in Project: EGCO was established on 12 May 1992 in accordance with the Government of Thailand’s privatisation policy for the energy sector in order to reduce the public sector’s financial burden and to enhance the efficiency of the country’s electricity generating operation. EGCO’s establishment as the first independent power producer in Thailand was undertaken with the aim to acquire some of the assets of EGAT and to supply generating capacity and electrical energy to EGAT under long-term power purchase agreements. In addition, as a second line of business, EGCO has sought out possible investment opportunities and developments in both Thailand and neighbouring countries. EGCO is among the largest publicly listed energy companies in Thailand. It is a leading operator of independent generating capacity within Thailand with over 2,000 MW of generating capacity. Link to www.egco.co.th
Italian-Thai Development Public Company Limited (ITD) Role in Project: ITD is the largest publicly listed infrastructure construction company in Thailand. ITD’s experience in constructing large-scale dams and hydroelectric power projects in South-East Asia is unparalleled with experience in the construction of earthfill, rockfill and concrete dams and tunnel construction. ITD has constructed seven major dams since 1970, including the Khao Laem Dam and hydroelectric project at Kanchanaburi which included a 1,000 m long, 127 m high concrete faced rock-fill dam. Link to www.italian-thai.co.th |
Project Shareholder (EDFI)