Sekong power station (EPIC)
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Sekong power station (EPIC) is an announced power station in Dak Cheung, Sekong, Laos.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Sekong power station (EPIC) | Dak Cheung, Sekong, Laos | 15.7166, 106.65 (approximate) |
Project Details
Table 2: Unit-level details
| Status | Fuel(s) | Capacity (MW) | Technology | Start year |
|---|---|---|---|---|
| Announced | coal: lignite | 1000 | ultra-supercritical | 2027 (planned) |
Table 3: Unit-level ownership and operator details
| Owner | Parent |
|---|---|
| Khounmixay Bridge and Road Construction and Repair Co; Evolution Power Investment Corp | Evolution Power Investment Corp; Khounmixay Bridge and Road Construction and Repair Co |
Project-level coal details
- Coal source(s): mine-mouth
Background
In June 2020, Evolution Power Investment Corporation (EPIC) of Singapore signed an agreement with Lao firm Khounmixay Bridge and Road Construction and Repair Company (KMX) of the Khounmixay Corporation to conduct a feasibility study for a coal plant in southern Laos’ Sekong province. The plant was described as 1,000 MW and would export power to Thailand, Cambodia, and Vietnam.[1]
The project, when completed, would cover up to 100 hectares of forested land. Coal would be sourced from Sekong’s Dac Chung district, which had an estimated 700 million metric tons of lignite coal, according to the Laos Ministry of Energy and Mines. The ultra-supercritical[2] power station was planned for commissioning in 2027.[3]
The offtaker for the plant's power would be Vietnam's largest power company, Vietnam Electricity (EVN). The sponsors were targeting a tariff rate at between $0.075-$0.085/kWh over a 25-year period.[2]
In June 2022, the project was still in an "approval phase".[4]
In June 2023, there were no apparent updates to the development of the power plant.
In September 2023, with no known developments in over two years, Sekong power station (EPIC) was presumed to be shelved.
However, in July 2024, the power station was mentioned in reporting related to a conveyor belt construction project designed to export coal mined in Laos to Vietnam. Sekong Province reportedly "has the goal" of developing Sekong power station (EPIC), TSBP Sekong power station, and Phonesack Xekong power station.[5] Therefore, the status of the power station was presumed to be "announced".
Ownership
According to IJGlobal, the shareholders of the project include:[2]
- EPIC – 33%
- Khounmixay Corporation – 33%
- Vietnam-based New Atlantic International Trading – 33%
- The Lao government will also nominate a local entity to become an equity holder in the project. The selected entity could be an affiliate of the state-owned electric company Électricité du Laos, or state corporation Lao Holding State Enterprise.
Financing
In September 2020, IJGlobal reported that export credit agencies, including those of Japan, South Korea, and Thailand, were being considered by the project sponsors to provide financial support and security for other potential financiers. The total cost of the project was thought to be US$1.7-2 billion.[2]
Articles and Resources
References
- ↑ "Singapore firm to build US$1.7 billion coal power plant in Laos," ASEAN Today, June 5, 2020
- ↑ 2.0 2.1 2.2 2.3 Civi Yap, "Laos 1GW coal-fired heads for 'clean coal'," IJGlobal, September 4, 2020
- ↑ "Laos Plans New Coal-Fired Power Plant in Sekong Province," Myanmar Headlines, June 9, 2020
- ↑ "Die laotische Wirtschaft holt langsamer auf," Germany Trade & Invest, June 2, 2022
- ↑ "ລາວ-ຫວຽດນາມ ສ້າງລະບົບສາຍພານຂ້າມຊາຍແດນ ເພື່ອສົ່ງຖ່ານຫີນໄປຫວຽດນາມ," Radio Free Asia, July 11, 2024
Additional data
To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.
