The state-run Electricite Du Lao (EDL) and Vientiane Water Supply State Enterprise have cut power and water tariffs by three and five percent respectively to help people cope with the impact of the Covid-19 crisis.
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The new electricity rates for households will be calculated from May to July in provinces under lockdown. The discount applies only to residential consumers and does not include value-added tax (VAT).
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A number of policies are being considered to mitigate the effects of the ongoing Covid-19 outbreak on the economy and people’s livelihoods.
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The deal will deepen China’s involvement in the Lao government’s goal of transforming itself into the “battery of Southeast Asia.”
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EDLT plans to invest about US$2 billion in building Laos’ national backbone power grid and cross-border power grid interconnection for Laos and its neighbouring countries
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The country’s foreign exchange reserves have fallen below $1bn, less than Laos’ annual debt payments
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Vientiane authorities have given the green light to three companies for a pilot project to redirect overhead electrical cables underground as part of long-term beautification plans for the city’s downtown.
Read more Electricity du Laos (EDL) will reduce electricity prices for households using less than 461kwh per month for the three months of April, May, and June as part measures to offset the financial impact of COVID-19 in the country.
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Prime Minister Thongloun Sisoulith has directed the Ministry of Energy and Mines to clearly explain the electricity tariff structure following concerns raised by society about increased monthly bills.
Read more The Ministry of Energy and Mines has predicted that the demand for electricity in Laos will increase to 1,800MW during the period 2020-2025,
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The government is mulling a revision of electricity tariffs after Electricite du Laos (EDL) submitted a draft revision that proposes reducing power fees to the government for consideration and approval.
If approved, EDL will subsidise up to six billion kip per month in power costs as per the proposed revision set to …..
Despite reassurances by Electricite du Laos (EDL) that meters are operating normally and no price change has taken place, consumers are unhappy with the high bills they must pay and want further clarification.
Speaking at a press conference yesterday, the Director of EDL’s Vientiane Power Distribution Department said high electricity consumption does not drive up the tariff rate and household meters installed by EDL are still ….
Electricite du Laos (EDL) is tightening regulations to enforce stricter collection of debts after many electricity consumers have failed to pay their bills, leaving large sums unpaid over the past few years.
Currently, EDL is facing serious challenges running its business efficiently when a large number of electricity users owe money to the public company. There is more than 270 billion kip in debt from electricity users in Vientiane alone. However, more than 400 billion kip is owed by customers across the country.
“It is quite a challenging issue for ….