The tropical monsoon swept over Java Island, and silver dragons raced between volcanoes and cities. As the first high-speed railway in Southeast Asia, Ya'an Wanzhou High speed Railway has been operating safely for more than 1000 days and nights, marking the Chinese speed into the daily life of Indonesian people, and also writing a vivid footnote for the connectivity of the the Belt and Road.

Wanxiang held a signing ceremony

Recently, EDL, the national power company of Laos, and EGATi, the international power generation company of Thailand, signed a memorandum of understanding on energy cooperation at the headquarters of EDL in Vientiane. Sosawa Sosupan, General Manager of the State Power Company of Laos, witnessed the signing of this contract. Dr. Thong Sa Wan แกๅว Kunying, Deputy General Manager of the State Power Company of Laos, and Dr. Ransima Pagao, President of EGATi Thailand, respectively completed the signing on behalf of both parties.

Define two major directions of cooperation

This memorandum establishes a framework for cooperation, and both parties will conduct feasibility assessments on hydropower development, power purchase and sales, and related businesses in Laos. The cooperation includes two major sectors. Hydropower project sector: Both parties will jointly study commercial solutions for selling electricity to Thailand, prioritize meeting the local electricity demand in Laos, jointly develop high-quality power projects, and transmit electricity to the outside world.

Energy Trading Project Segment: Explore new cooperation models, integrate power resources from multiple power stations, ensure domestic energy security in Laos, and allocate surplus electricity for export. Keywords: Laos, Thailand, Energy

Establish a long-term collaborative mechanism

The memorandum stipulates that both parties shall establish a joint working group, establish a regular communication channel, report project progress to the senior management of both parties every quarter, and report no less than four times a year. After the project is implemented, it will enhance Laos' power development and management capabilities, balance the profits of both parties' enterprises, and maintain the long-term stability and sustainable development of the power systems of the two countries.Editor/Gong Ziwei