History and Current Status
The Nam Theun 2 project was identified in the 1980s and a concession was awarded in 1993. It was subjected to a long anti-dam campaign. The project was frozen after the 1997 Asian financial crisis, but preparation resumed in 1999. In October 2002 a concession contract between the NTPC and the government of Laos was signed, followed by the signing of PPAs between NTPC on the one hand and, EGAT and the Laotian state-owned power company Electricite du Laos on the other hand in November 2003. Financial closing was reached in June 2005. The Nam Theun river diversion was created in March 2006 and then closed in April 2008 following completion of the Nakai Dam wall. Impoundment of the Nakai Reservoir occurred over the 2008 wet season and the reservoir was close to full supply level by the end of 2008. Test hydropower generation began in mid-2009 and the Commercial Operation Date was achieved in April 2010.
Read more about this topic: Nam Theun 2 Dam
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