History (Timeline)

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