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Welcome to the Xe-Pian Xe-Namnoy Power Company Limited (PNPC)

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The Xe-Pian Xe-Namnoy Power Co., Ltd. (PNPC) is a joint investment venture established in 23 March 2012 by four major shareholders, namely; (1) SK ecoplant Co., Ltd., of the Republic of Korea; (2) Korea Western Power of the Republic of Korea; (3) RATCH Group Public Co., Ltd. of Thailand; and (4) Lao Holding State Enterprise of The Lao PDR.

The major stakeholders have pooled their resources to develop the Xe-Pian Xe-Namnoy Hydroelectric Power Project under a Concession Agreement with the Government of Laos, marking a significant investment in the hydropower industry in The Lao PDR. The PNPC is assisting the Lao PDR boost its socio-economic development program.

It is composed of highly trained, professionalized and experienced workforce seeing to the daily operations and management of the Company and the Project. Its commitments to the Project, the GOL, the Stakeholders, the international community, and particularly to the Project-Affected-People keeps it on guard to ensure a high standard of workmanship and professional management.

Its workforce is steeped with the virtues of; (i) Clear ownership and accountability of work; (ii) Emphasis on teamwork; (iii) Positive attitude; and (iv) Thoroughness in work, among others.

Needless to say that it endeavors to abide by its commitments to all stakeholders, even beyond that which is officially required.

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.”