SHANGHAI – China Southern Power Grid has reached agreements with the government of Laos to build a national power grid and a hydropower project in the Southeast Asian country.
The state-owned monopoly power distributor in China's five southern provinces signed a memorandum of understanding with Lao's Ministry of Planning and Investment on investment in and construction of a grid network in Laos, and an agreement to develop the Nam Tha 1 hydropower project, CSPG said on its website Monday.
The agreements were signed during Chinese Vice President Xi Jinping's state visit to Laos earlier this month, it said.
