Monsoon wind power company limited - Latest News Update, Information, Photos & Videos on Monsoon wind power company limited at Lokmat Times

Vientiane, March 4 The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited have signed a $692.55-million loan agreement to build a wind power plant in Laos.Comprising 133 wind turbines with a capacity of 600 MW, the Monsoon Wind Power Project will be the largest wind power plant in Southeast Asia and the first in Laos, according to a report released by the ADB on Friday.The wind power plant will be constructed in southern Laos' Sekong and Attapeu provinces. Electricity generated by the plant will be sold to the state-owned Electricity of Vietnam (EVN), Xinhua news agency reported.Cross-border power supply has been a pillar of Laos' economic growth. Harnessing the landlocked country's untapped wind resources can provide energy diversification as the seasonality of the wind resource is countercyclical to the rainy season, which supports the Lao hydropower generation.The project will give a significant boost to decarbonisation and green growth. It will reduce annual greenhouse gas emissions by at least 748,867 ton of carbon dioxide, according to the ADB report."Developing economies in Asia and the Pacific face shortfalls in climate investments that are needed to clear a pathway to green growth," the report quoted ADB Private Sector Operations Department Director General Suzanne Gaboury as saying.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Monsoon Wind Power Company LimitedFOLLOW

Monsoon wind power company limited, Latest News

Politics :Southeast Asia's largest wind power plant to be built in Laos

Vientiane, March 4 The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited have signed a $692.55-million ... ...