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The Nam Theun 2 Project History (Timeline)

1927 Article published in “L’Eveil Economique de L’Indochine” No. 516 1970 Survey of Nam Theun hydroelectric potential carried out by the Mekong Committee 1986 Introduction of market-oriented economic reforms in Lao PDR 1950 Measuring of the flow of the Nam Theun river for hydroelectric purposes 1997 Asian financial crisis delays projects development / Environmental, Social and Dam safety
Panels of Experts formed. 1993 Government of Lao PDR signed Project Development Agreement with Nam Theun 2
Electricity Consortium (NTEC) 1993-1996 Introduction of market-oriented economic reforms in Lao PDR 1989-1991 World Bank and UNDP feasibility study / Rapid growth of Thai power demand 2002 25-year Concession Agreement signed between Lao Government and NTPC 2003 Power purchase agreement signed for 25 years 2009 500 KV transmission lines energized / Watershed established as a biodiversity offset under
the Watershed Management and Protection Authority (WMPA) 2005 Financial closing 2008 Completion of the Nakai Dam 2004 Resettlement of 6,300 people began 2010 Commercial Operations Date 2014 Resettled area reaches income target (double of income compared to before the project) 2017-
2018 Resettlement Implementation Period successfully closed and start of the Nam Theun
2 Development Fund (NT2DF) 2009-
2012 Roads, health, program handed over to the Government of Lao PDR