Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBB/CMAR
# of Projects: 1
100% of the Results

Background informationProject Created: February 20, 2011

Project Name: Nam Theun 2 Multi-Purpose Project
Year in Operation: 2010
Sector: Energy
Subsector: Energy Generation, Energy Transmission (Oil, Gas, Power), Water
Status: In Operation
Type: New Facility
Description: The project is a trans-basin scheme diverting the Nam Theun River into a 450 km2 reservoir, over a 350m escarpment to a 1,070MW powerhouse and then a 27 km2 downstream channel to the Xe Ban Fai and Mekong Rivers. 995 MW is reserved for export via purpose built 500kV lines to Thailand. 75MW is reserved for domestic supply. It is a Build-Operate-Transfer scheme between GOL and Nam Theun 2 Power Company Limited (NTPC) under a 31 year concession, 6 years for construction and 25 years of operation
Delivery Method as described in the country where it's located: Build Operate Transfer
Is the project still active: Yes
Comments:

Project Locations

Address: Nam Theun 2 Hydroelectric Dam
City: Khammouane
State:
Country: Lao People's Democratic Republic

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: Project lands and water use rights are transferred to the project owner for a concession period of twenty-five years. In return, the public sponsor (Government of the Lao PDR) receives royalties, taxes and dividends at pre-determined rates during the concession period.
Checkbox Checked Environmental Clearance: Project subject to clearance of EIA by Lao government, and subject to constant monitoring throughout construction and initial operation, with performance judged according to a stringent Concession Agreement, World Bank Environmental & Social Safeguards, and the Equator Principles.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The primary public sponsor for the project is the World Bank. Others included public investors; private investors; multilateral and bilateral agencies; international commercial banks and Thai lenders.

Arrow Right
Checkbox Checked

Direct Cash Support: Some direct investment from the World Bank and other International Financial Institutions through grants and loans, e.g. to fund the Lao Government’s equity in the project

Arrow Right
Checkbox Checked

Credit Enhancements: Political guarantee of project from the World Bank

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Construction Manager At Risk Variants: Public Sponsor contracts with Construction Manager At Risk while design is in process.

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals
Design
X

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Initial Design and Construction
4
2
Forms
Description
FIDIC
 

Project Value (If and As Known)

Date of Estimated Project Value: February 20, 2011
Project Value
Hard Cost
Hard & Soft Costs
Total
$500 Million - 2 Billion US
(none)
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