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About PNPC

Xe-Pian Xe-Namnoy Hydroelectric Power Project

The Xe-Pian Xe-Namnoy Power Co., Ltd. (PNPC) is a Lao domiciled Company having a Concession Agreement with the Government of The Lao PDR “to plan, design, finance, construct, own, operate and maintain” the Xe-Pian Xe-Namnoy  Hydroelectric Power Project and “to engage in and pursue its management, primarily for sale of substantially all of the capacity and electricity of the Project Facilities under a Power Purchase Agreements based on sound commercial and industrial practices consistent with the foreign investment incentives provided under the policies and laws of the Lao PDR.  It is a joint venture of four major shareholders but nonetheless maintains its being a “juristic person independent from each” of the shareholders. 

 

It is in partner with the Government of The Lao PDR desiring “to advance the economic development of The Lao PDR, and to that end, desires to encourage and promote sustainable development and use of the natural resources of the Lao PDR through foreign investments, especially those projects which involve the development of renewable fuel resources for production of hydroelectric power to be sold domestically and to neighboring countries of the Lao PDR.”

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