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Overview

China Eximbank provides preferential buyer's credit for 30MW Houay Palai Hydropower Station Project

Commitment Year•2017Country of Activity•Lao People's Democratic RepublicDirect Recipient Country of Incorporation•Lao People's Democratic RepublicSector•EnergyFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Nov 13, 2017

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Laos

Implementing agencies

Government Agencies

  • Government of Laos

Loan description

China Eximbank provides preferential buyer's credit for 30MW Houay Palai Hydropower Station Project

Interest type•Unknown

Narrative

Full Description

Project narrative

On November 13, 2017, China Eximbank and the Lao Ministry of Finance signed a preferential buyer's credit (PBC) agreement for the Houay Palai Hydropower Station Project. The face value and the borrowing terms of the PBC are unknown. This project involves the construction of a 30MW diversion power station in Champasak Province. Upon completion, its reservoir adjustment storage capacity is expected to reach 8.57 million cubic meters, which will become a regulating reservoir with an annual power generation of 124 million kWh that can consistently generate electricity in the rainy and dry seasons.

Staff comments

This project is sometimes transliterated as Huay Prap Hydropower Project or Huaibole Hydropower Project. The Chinese project title is 色省怀博莱水电站项目 or 占巴色省怀博莱水电站项目. The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.