Tenaga Nasional Bhd and Electricite du Lao sign a memorandum of understanding to explore the potentials of hydropower in Laos. – The Malaysian Insight file pic, June 27, 2023.
It also has the potential to increase cross-border electricity trade in Asean and assist Laos to become the “Battery of Asia”. In addition to the MOU between TNB and EDL, the finance minister also witnessed the signing of two memoranda of cooperation . Based on the outcome of this cooperation, it is expected that cargo from Malaysia to Laos would increase by 40% or 1.2 million tonnes in the first year, and could potentially achieve a maximum of 2.4 million tonnes annually with revenue of RM120 million per year.
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TNB to see RM2.3b returns from energy deal in Laos starting 2025This is by tapping hydropower potentials in the Asean country, it says.
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