PowerChina unit sues Laos utility for $555 million

 

                            

Nam Ou Power, a unit of state-owned Power Construction Corp of China, has sued Laos utility Electricite du Laos in Singapore for $555 million in unpaid dues from a hydropower project it operates, an arbitration filing reviewed by Reuters shows.3月6日，据路透社报道，中国电力建设集团（Power Construction Corp of China）旗下Nam Ou Power公司已在新加坡对老挝国有电力公司Electricite du Laos（EdL）提起仲裁，要求支付5.55亿美元的未付款项，该款项涉及中国电建运营的一座水电项目。

EdL has yet to respond to the filing, according to a source familiar with the case, who also said that it was the first instance of international arbitration by a Chinese state-run entity against a Laos government-run firm.

一名知情人士表示，这是中国国有企业首次在国际仲裁中起诉老挝国有企业。截至目前，EdL尚未作出回应。The unpaid dues claimed arise from electricity generated from the $2.73 billion Nam Ou River Cascade Hydropower project, according to a filing with the Singapore International Arbitration Centre.根据提交给新加坡国际仲裁中心（SIAC）的文件，索赔的未付费用源自南欧江梯级水电项目所发电力，该项目投资达27.3亿美元。The Nam Ou project, one of Laos' largest that accounts for 7% of the country's 18 gigawatts of hydropower capacity, is a part of China's Belt and Road Initiative to build trade and transport links across Asia and beyond.南欧江项目是老挝最大的水电项目之一，占老挝18吉瓦水电总装机容量的7%，也是中国“一带一路”倡议的一部分，旨在促进亚洲及其他地区的贸易和交通联系。Operated by Nam Ou Power, part of PowerChina, the hydroelectric project has a capacity of 1.27 gigawatts from its seven cascades along 350 km of river in the landlocked, mountainous country of nearly eight million people.

该水电项目由中国电建旗下的Nam Ou Power运营，由七座梯级电站组成，沿着全长350公里的河流开发，总装机容量达1.27吉瓦。

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