EDL to ease payment of electricity bills

Mar 4th at 16:35
04-03-2015 16:35:04+07:00

EDL to ease payment of electricity bills

E lectricite du Laos (EDL) plans to increase the number of its service units in Vientiane and to cooperate with other service sectors to allow customers the convenience of paying their electricity bills electronically.

“At the moment we have one or two service units in each district in Vientiane. But that is not enough and we will build additional ones to make things easier for customers,” the Deputy Director of EDL's Vientiane Power Distribution Department, Mr Sakoth Latthida, said yesterday.

The department also plans to increase payments made by ATM cards or via ATM services.

People will also soon be able to pay their electricity bills through ACLEDA Bank Lao Ltd. The bank and EDL signed a cooperation agreement recently with the work plan still being prepared.

Currently people can pay their electricity bills via the electronic services of four banks: Lao Development Bank (LDB), Banque pour le Commerce Exterieur Lao (BCEL) Public, Indochina Bank Ltd. and the Agricultural Promotion Bank. “We expect to have the cooperation of all the banks in Laos,” Mr Sakoth said.

“We also plan to establish more debt free villages. Many villages in Sangthong district are already debt free,” he said.

“Sangthong will soon be a model district, having only debt free villages.”

The department also hopes to have a service cooperation with telecommunication companies and shops on the payment of bills.

By the end of December more than 326.19 billion kip was owed to the company in unpaid bills by customers in Vientiane, according to a report from the department.

“This is a 22.75 percent increase over the previous year,” the report noted.

The 326.19 billion kip includes more than 246.65 billion kip owed by government offices and the irrigation sector, followed by over 38.73 billion kip owed by home owners and more than 21.11 billion owed by the industrial sector.

EDL was also owed more than 17.47 billion kip by businesses, over 1.14 billion kip by embassies and international organisations, and more than 585.46 million kip by the education sector.

Speaking at a press conference last April, Deputy Minister of Energy and Mines Mr Khammany Inthirath said EDL was owed more than 270 billion kip by customers in Vientiane alone and more than 400 billion kip by customers across the country.

The debt is a challenging issue for the Vientiane power distribution department and EDL as they try to grow the power supply business.

EDL is also investing in the installation of transmission lines, substations and other essential facilities to ensure rural people have access to electricity and to meet the government's goal of electricity provision for 95 percent of households by 2020 and 98 percent by 2025.

vientiane times



NEWS SAME CATEGORY

Laos, Vietnam reach new trade agreement

L aos and Vietnam have reached a new bilateral trade agreement which seeks to boost trade and investment activities between the two countries.

Korean products seek a Lao market

Quality processed foods, general consumer goods and organic cosmetic products are seeking a market here and are looking for importers, according to a trade...

Private sector drives up investment in Savannakhet

Savannakhet province expects to see private investment from both local and foreign sources rise to about 2.5 trillion kip (US$312 million) this fiscal year.

Lao stock exchange opens doors to new investors

The Lao Securities Exchange (LSX) on Saturday hosted a publicity event titled Investment Gateway 2015 (IG 2015) to inform interested parties seeking opportunities...

IT firm eyes 50 billion kip market share in Laos

Interlink Communication Public Company Limited, a leading importer and distributer of IT network cabling system products based in Thailand, is entering the IT...

EDL-Gen marks success of debenture issuance in Thailand

EDL-Gen Public Company on Saturday celebrated the success of the issuance and offering of its corporate debenture to finance the company's business expansion.

ALACE Expo promotes architecture and engineering

Over 120 booths from domestic and neigbouring countries are displaying construction materials and equipment, household goods, and advanced construction technology...

That Luang Plaza construction works continue

The construction of the new That Luang Plaza trade and commercial centre complex in Vientiane is now 25 percent complete and is expected to be complete sometime in...

Phongsavanh group urges Khon Kaen to invest in Laos

Phongsavanh Group and Thailand's Khon Kaen province are joining forces to expand trading and investment in various fields in Laos and Thailand.

Vientiane province mining projects prove feasibility

Two new mining projects in Vientiane province have proved their feasibility with related agreements soon to be reached between the authorities and developers.


MOST READ


Back To Top