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March 12, 2025

Laos and Vietnam to Collaborate on $1.9 Billion Wind Power Project

wind mills in vietnam
March 12, 2025

The governments of Laos and Vietnam are reinforcing their bilateral energy partnership with the development of a 1,200 MW wind power plant in Nong District, Savannakhet Province, marking a significant milestone in regional renewable energy cooperation. The $1.9 billion project, led by Chitchareune Construction Co., Ltd., is designed to export electricity to Vietnam, supporting the country’s growing energy demands while advancing Laos’ role as a key renewable energy supplier. The project will be developed in two phases. Phase 1 (702 MW) requires $1.12 billion investment and is expected to be operational by late 2027, exporting 1.53 million kWh annually to Vietnam. Phase 2 (498 MW) will involve $797 million in investment and begin operations after 2030, adding 1.11 million kWh per year to Vietnam’s clean energy supply. The agreement, signed on February 13, 2025, was attended by high-ranking officials from both nations, including Vietnamese Ambassador to Laos Nguyen Minh Tam and Lao Minister of Planning and Investment Phet Phomphiphak. The project’s feasibility study is currently underway, with a concession contract expected to be finalized in the second quarter of 2026.

Vietnam currently imports 3,464 MW of electricity from Laos, a figure set to increase to 5,000 MW by 2030, with further potential growth up to 10,000 MW beyond 2030 under Vietnam’s Power Development Plan VIII (PDP VIII). The Nong wind power project aligns with this strategy, ensuring stable, clean energy imports from Laos while diversifying Vietnam’s electricity mix.

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