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Nam Luc Hydropower Plant

Sector: Wind • Location: Lao Cai, Vietnam

Source: World Bank Group

Project
Active

ESACO Namluc Hydropower JSC, an IPP, was planning the development of the 24 MW Nam Luc Hydropower Plant, the Chay river, in the Bac Ha district of Lao Cai Province in northern Vietnam. The project was expected to generate 95,333 MWh annually, to be transmitted to the grid via a 110kV transmission line to the Thac Ba-Yen Bai-Lao Cai Substation.

The project was to comprise of two turbines, 12 MW e

Status
Prospective
Sector
Wind, Hydro, Power Generation (CCGT), Government, Commercial
Location
Lao Cai, Vietnam
Updated
22 Jul 2026
Source
World Bank Group

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The project “Nam Luc Hydropower Plant” is an infrastructure initiative in the Wind sector, located in Lao Cai, Vietnam. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

ESACO Namluc Hydropower JSC, an IPP, was planning the development of the 24 MW Nam Luc Hydropower Plant, the Chay river, in the Bac Ha district of Lao Cai Province in northern Vietnam. The project was expected to generate 95,333 MWh annually, to be transmitted to the grid via a 110kV transmission line to the Thac Ba-Yen Bai-Lao Cai Substation. The project was to comprise of two turbines, 12 MW each (Bulb - vertical axis), with a lifespan of 25 years. Commissioning was expected for 2013, January. The feasibility study was completed in April 2009. The investment license was awarded in May 2009. The PPA was signed in May 2009. The EIA was approved in June 2009. The first EPC contract was signed in February 2010. Electricity tariff was expected to be VND 803.7 ($0.0386 per kWh). Financial Close was reached in February 2011, for debt with a tenor of 15 years. The debt/equity ratio was 70/30. Totan investment was expected to be VND 533,880 ($25.1 million). Costs were divided as follows: Construction: VND 211,948 Equipment: VND 226,431 Project Management: VND 5,959 Consultancies: VND 18,765 Compensation: VND 8,840 Other cost: VND 5,222 Contingency: VND 45,715 http://cdm.unfccc.int/filestorage/F/K/A/FKAUV4CJGEW3D1P6ZQIMSL5BR09N7X/PDD%20Nam%20Luc.pdf?t=RVd8bTIydHZvfDBCbT9yC0pK0Kr425YhKMTy

Original sector

Energy

Budget

Location

Country

Vietnam

State

Lao Cai

Source

Source

World Bank Group

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Record type

Project

Sector

Wind, Hydro, Power Generation (CCGT), Government, Commercial

Article published date

2024-05-16

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