SUBSIDIARY NAME
GREEN POWER ENERGY {400 mw}
COUNTRY
LAO PDR
SECTOR/ INDUSTRY
ENERGY
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
June 12, 2022
ACQUISITION VALUATION
5 BILLION
TOTAL ASSET VALUATION
50 BILLION
ENERGY-OIL-REFINERY-GAS
GREEN POWER ENERGY {400 mw} acquired on June 12, 2022. Due to the high cost of electrify supply in the current world dispensation and its non-reliability in the supply chain, the government of LAO PDR seeks to invest into greenfield energy to ensure constant supply of power to feed the emerging industrialization agenda of the government of LAO PDR to expand its economy by the year 2030. This vision brought about NINE BIOMASS SAVAN CO. LTD. To lead the way. The company intends to build 400 MW solar panel and other auxiliary energy infrastructures for both domestic use and export outside the LAO PDR.