nValid Precision Engineering and Électricité du Laos Sign a Power Purchase Agreement For The First Utility Scale Solar PV Power Plant in Lao People’s Democratic Republic (PDR)
nValid Precision Engineering Pte. Ltd. is pleased to announce that it has executed a Power Purchase Agreement (PPA) with Électricité du Laos today to deploy the SAPP Solar Power Project, the first utility scale solar PV power plant in Lao PDR. The SAPP project is located in the southern Lao province of Attapeu and will have an installed capacity of up to 64MWac, with a total electricity generation of approximately 128 Gwh per year for a term of 30 years through a 115 kV transmission line from the power plant to the Saphaothong substation.
nValid is expecting to deploy and commission a diversified portfolio of solar PV projects over the next 3-5 years, including rooftop-based, ground-mounted, and floating solar PV plants located in multiple provinces across South East Asia (including Laos, Cambodia, Vietnam and Myanmar).
The execution of the concession agreement and pre-planning permitting requirements of the SAPP Project are expected to be completed by the fourth quarter this year, followed by full project construction in 2021. The renewable power generated from 64MW of solar power capacity of the SAPP Project in Lao will result in a reduction of CO2 emissions of approximately 47,900 Tons per year.