Commitment to Sustainability, Environmental Stewardship, and Corporate Social Responsibility
Sustainability and corporate social responsibility are fundamental principles that guide Phonesack Group’s business phil...
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The Phonesack Group Co., Ltd is investing US$4 billion in the construction of a large coal-fired thermal power plant in Xekong province, with the power generated to be sold to Cambodia.
A groundbreaking ceremony for the plant took place at the site in Kaleum district on April 2, attended by Deputy Prime Minister and Minister of Foreign Affairs, Mr Saleumxay Kommasith; Minister of Energy and Mines, Mr Phosay Sayasone; the Governor of Xekong province, Mr Leklay Sivilay; local and central government officials and business partners.
The plant will have a generating capacity of 1,800 megawatts and will become one of Laos’ most important energy industry development projects, the President of the Phonesack Group, Mr Phonesack Vilaysack, said.
When the plant is built, the electricity generated will be transmitted to Cambodia’s energy grid under a Power Purchase Agreement with the state-owned Electricite Du Cambodge (EDC).
Construction will be divided into three phases, with the first power plant set to begin generating electricity in January 2028 and full completion and operation planned for January 2030.
The project will be managed by subsidiaries of the Phonesack Group, namely Xekong Thermal Power Co., Ltd (XTPPL) and Xekong Power Plant Co., Ltd (XPPL).
In addition to the construction of the power plant, the project includes the construction of a 500-kilovolt, 253-kilometre transmission line connecting the power plant to the Lao-Cambodian border.
Source: vientianetimes
By Advertorial Desk
(Latest Update April 10, 2025)
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Sustainability and corporate social responsibility are fundamental principles that guide Phonesack Group’s business phil...
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Phonesack Group Co., Ltd. is one of the leading Lao-owned business enterprises, recognized for its diversified investmen...
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Phonesack Group is committed to ensuring the sustainability of the company by continuing to invest more in technology and its people, and takes pride in actively contributing towards the socio-economic development of the country by creating jobs for the local communities and a large number of contractors throughout its businesses.