According to bank documents, the project involves the construction and operation of (i) the My Ly hydropower plant on the main course of the Ca River located in My Ly commune, with an installed capacity of 180 MW; and (ii) the Nam Mo 1 hydropower plant on the Nam Mo River located in Ta Ca commune, with an installed capacity of 90 MW. Both communes are within the Ky Son district of Nghe An Province in Vietnam. While the main power generation facilities will be located in Vietnam (powerhouse, head and tailrace tunnels, switchyard, substation, etc.), the water reservoirs and dam structures will overlap both Vietnam and Lao PDR. The electricity produced by the projects will be delivered to the Vietnam national grid via two transmission lines (80km of 220 kV) running from Ban Ve commune, Nghe An Province to both power plants. An offtake arrangement in the form a Power Purchase Agreement (PPA) is expected to be signed between the My Ly Nam Mo Hydropower Joint Stock Company and Vietnam's national utility company, Vietnam Electricity (EVN) for the purchase of electricity on a take-or-pay basis.
The My Ly project will relocate 1,530 people in 4 villages in Kyson-Nghe An, Vietnam and 871 people 5 villages in Kouan and Nonghed district, Houaphan and Xiangkhouang, Lao PDR. The Nam Mo 1 project will relocate 2,513 people in 11 villages in Kyson district, Nghe An, Vietnam and 224 people in 5 villages in Nonghed district, Xiangkhoang, Lao PDR. Start of construction is assumed to be 2018, i.e. preferably at the beginning of the dry season, and last for four years. The construction schedule is based on the construction procedures and corresponding rates of progress described in the Feasibility Report.
No project contacts provided at the time of disclosure.
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