EDL Spells Out Measures To Resolve Debt Problems
The Reform Committee of Electricite du Laos (EDL) will roll out four measures aimed at resolving the company’s debt issues
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Electricite du Laos (EDL)
EDL Appoints Key Officials For Enterprise Reforms
“It is hoped the newly appointed officials will contribute to stronger business performance and get familiar with the new rules, conditions and environment for the reform process and apply the newly restructured working methods”
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Laos Dam Leaks Normal, Says Thai Partner
Reported leaks at the sides of the Nam Theun 1 Hydropower dam under construction in Laos were not a cause for concern and were normal when a dam began storing water
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Why A Monopoly Like The Lao Electricity Company Is Making Losses
Electricite du Laos (EDL), a monopoly company which should generate a significant amount of revenue from its dominance in the energy market, has been operating at a loss for many years and has accumulated huge debts.
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EDL Suffers Electricity Theft Worth 200 Billion Kip
Electricite du Laos (EDL) lost more than 200 million kip last year due to illegally modified electricity meters and other forms of electricity theft.
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Laos’ Expensive Gamble On Electricity May Dim Its Economic Future
Laos took on huge debt to become the “Battery of Southeast Asia,” but sales are not as robust as hoped.
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EDL To Cover 95 Percent Of Demand Of Households By Yearend
The Electricite du Laos (EDL) is hopeful of meeting 95 percent of the electricity demand of households in the country by the end of this year
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Govt Pledges To Diversify Energy Sources To Minimise Imports
The government has vowed to diversify its sources of energy by developing solar, wind power and coal-fired power plants to address the electricity shortage in the dry season.
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What Does The Data Tell Us About Electricity Pricing In Laos?
Many Lao people feel they deserve lower prices because the country has built dozens of electricity-generating plants over the years. EDL officials, however, maintain that electricity is already cheap and that people should use it more economically.
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Utilities Reduce Electricity And Water Tariffs For Households
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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EDL To Discount Electricity Rates During Lockdown Period
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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Authorities Mull Policies To Ease Impacts Of Covid-19
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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Laos Grants 25-Year Power Grid Concession To Chinese-Majority Firm
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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EDL, CSG Sign Agreement To Establish Transmission Line Firm
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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Laos Faces Sovereign Default As Forex Reserves Dip Below $1bn
The country’s foreign exchange reserves have fallen below $1bn, less than Laos’ annual debt payments
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Vientiane Unearths Plan To Send Power Lines Underground
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.
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EDL To Slash Electricity Bills For Thousands Of Householders
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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PM Advises Energy Ministry To Clarify Electricity Charges
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.
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Power Usage In Laos Predicted To Soar To 1,800MW In 2020-25
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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Govt Mulls Revising Electricity Fee
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 …..
Consumers Angry Over EDL’s Response To High Bills
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 ….
EDL’s New Regulations To Speed Up Slow Payers
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 ….