GMS in the News

ADB President Masatsugu Asakawa visits the National Solar Park on 11 November. Photo by ADB.

ADB-supported National Solar Park in Cambodia Connects to Grid

A partnership between the Asian Development Bank (ADB) and Electricite du Cambodge (EDC), Cambodia’s national power utility, to develop a 100-megawatt (MW) National Solar Park reached a milestone with the park’s first 60 MW solar photovoltaic (PV) power generation plant connecting to the national grid. ADB President Masatsugu Asakawa marked the occasion with a visit to the solar park on 11 November, during which he initiated the start of power delivery.

This project delivers a high-impact and sustainable transport solution for Viet Nam while helping it meets climate goals and continue to support climate finance in the region. Photo:Vinfast

ADB Leads $135 Million Climate Financing Package to Support Electric Mobility in Viet Nam

The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network. The assistance will support Viet Nam’s efforts to achieve net-zero greenhouse gas emissions and expand high-tech manufacturing industries.

Power lines from the 1070 MW Nam Theun 2 hydropower plant in Lao PDR. 95% of the power produced by the plant is exported to Thailand, and the rest are consumed locally. Photo by Ariel Javellana/ADB.

Lao PDR Ramps Up Electricity Exports to Viet Nam

The Government of the Lao People’s Democratic Republic is increasing its electricity exports generated from its hydropower projects to its neighbors in the Greater Mekong Subregion, including Viet Nam. Lao PDR and Viet Nam have signed MoUs targeting to export 8,148 MW from Lao PDR to Viet Nam by 2030. Lao PDR also signed contracts with Viet Nam Electricity (EVN) to implement 25 projects with a combined capacity of 2,180 megawatts.  

Power lines in Lao PDR. Photo by Ariel Javellana/ADB.

PRC, Lao PDR Achieve Two-way Energy Trade

The People’s Republic of China and the Lao People’s Democratic Republic have successfully conducted two-way transmission of electricity on 20 June 2022, marking a milestone in their energy trade. The Nam Tha 1 Hydropower Station, Lao PDR, sent electricity to Yunnan province, PRC. 

China Southern Power Grid (CSG) and Electricite du Laos (EDL) signed a 115 kV power trade agreement in March 2022 to help consume Lao PDR’s surplus hydropower during the rainy season. During the dry season, CSG will export power supply to northern Lao PDR. 

Lao PDR Foreign Minister Saleumxay Kommasith and Cambodia Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation Prak Sokhonn. Photo by Lao PDR Foreign Ministry

Electricity Trade Boosts Cambodia-Lao PDR Bilateral Trade

Electricity trade between Cambodia and the Lao People’s Democratic Republic raised the annual value of bilateral trade to more than $100 million in 2020 from a previous value of $10 million-$20 million. This was noted by Cambodia Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Lao Foreign Affairs Minister Saleumxay Kommasith in their meeting on 16 February. Mr. Kommasith was in Phnom Penh, Cambodia, from 15-17 February 2022 to attend the ASEAN Foreign Ministers’ Retreat.  

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