Korean experts to help energy management

Oct 31st at 13:37
31-10-2013 13:37:41+07:00

Korean experts to help energy management

Electricite Du Laos (EDL) employees will be better able to manage the power supplier's electrical systems after a course kicked off yesterday with experts from the Republic of Kor ea.

The course, which winds up tomorrow, focuses on using new technology and techniques to increase capacity in electrical systems.

Supported by the Korean government through the Korean Business Centre in Vientiane, the course offers the expertise of senior managers of the Korea Electric Power Corporation (KEPCO) to 25 EDL employees.

EDL Managing Director and Chief Executive Officer, Mr Sisavath Thiravong, said the company was currently undergoing rapid growth in its capacity and organisational structure.

“We all came to realise that we needed more advanced knowledge and technology in the electrical field in order to keep up with such growth,” he said.

Mr Sisavath said he hoped the Korean government would continue to offer its support to EDL.

The course's opening ceremony was attended Ambassador of th e Republic of Korea to Laos, Mr Kim Soo-Gwon, Korean Business Centre Director General, Mr Ahn Yoo Seok, and company officials.

EDL has continued to successfully manage its business through a period of high growth despite financial pressure on the country. Improvements have been made in bill collection from customers.

However the company's energy losses reached 10.32 percent in 2012, up 0.18 percent on the previous year. Domestic energy consumption sat at 2,874 million kWh, 4 percent higher than the planned level for the year.

Hydropower plants owned by EDL have opened throughout Laos and several more are under construction.

Despite its potential for electricity production, Laos still imports some power from neighbouring countries for domestic and industrial use.

vientiane times



NEWS SAME CATEGORY

CamCan Energy celebrates oil and gas concession

Canadian company CamCan Energy Limited celebrated its newly-announced oil and gas concession in Khammuan, Savannakhet and Saravan provinces at a lavish launch party...

Hydro plant in the pipeline for Champassak

Local energy investor Power Excellence Multi Management Co Ltd (PEMM) is conducting a feasibility study of the proposed Houaychampypakang hydropower project in...

PanAust to boost mine production in Laos

PanAust Limited (PanAust) has announced a revised life of mine plan for its Phu Kham copper/gold operation in Laos.

Chalk maker plans for earnings boost

The only chalk manufacturing plant in Thakhek district, Khammuan province, hopes to see a growth in sales over the next few years despite production having dropped...

Innovation for print industries

The Lao print and paper industries have learnt about the newest innovations and techniques in the field thanks to a visit from a leading German printing...

Dam developer to start access road construction

Lao and foreign joint venture energy developer Nam Ngiep 1 Power Co Ltd expects to start work on a road upgrade and new road construction in Borikhan district...

Vietnam firm granted US$522 million salt mine licence

The Lao government has given a licence to a Vietnamese company to build a US$522.4 million salt mine in Khammuan province, according to the Ministry of Energy and...

Lao-Thai JV introduces aluminium transformers

Panco Electric Industry Co. Ltd. of Laos and the Thai QTC Energy Public Company Ltd are sharing the cost of establishing a factory in Laos to produce transformers...

Nikon opens assembly plant in Savannakhet

Nikon on September 23 opened a new assembly operation in Laos, called Nikon Lao Company Limited, to expand the production base of its photographic products.

Sepon mine provides major local boost

MMG LXML's Sepon gold and copper mine has increased the average household income in Vilabouly district, Savannakhet province, 13-fold over the last decade...


MOST READ


Back To Top