Group Operations Map
1,434 MW coal-fired plant
HONGSA 40 %
1,878 MW mine-mouth power plant project
HongsaIn late 2006, Banpu Power Limited (a wholly owned subsidiary of Banpu) was granted the right by the Lao People’s Democratic Republic (Lao PDR) to do a feasibility study for the development and investment in a 1,878 MW, Hongsa Mine Mouth Power Project, in Hongsa District, Xayaburi Province of Lao PDR.
In February 2009 Banpu Power Limited (a 99% owned subsidiary of Banpu) entered into a shareholders Agreement with Ratchaburi Electricity Generating Holding Public Company Limited (RATCH) and Lao Holding State Enterprise (LHSE), a state-owned enterprise of Lao PDR, to jointly establish Hongsa Power Company Limited (HPC) and Phu Fai Mining Company Limited (PFMC) in order to implement and operate Hongsa Project in Hongsa District.
Later in the same year, HPC and PFMC, the two joint venture companies in which Banpu Power Limited (BPP) holds 40% and 37.5% respectively, entered into the Concession Agreements (CA) with the Government of the Lao People's Democratic Republic. Upon the agreements, a power concession has been granted to HPC and a mining concession to PFMC for a period of 25 years from the commercial operation date.
In early 2010, HPC entered into the Power Purchase Agreement (PPA) with Electricity Generating Authority of Thailand (EGAT). Upon agreement, the period of PPA will be 25 years from the commercial operation date which is in 2015.
The Hongsa Project has an investment cost of around USD 3.7 billion.
|Completion of Commercial Operations Date||Unit 1: 2 June 2015
Unit 2: 2 November 2015
Unit 3: 2 March 2016
|Location||Hongsa District, Xayabury Province,Lao PDR|
|Power Capacity||1,878 MW|
BLCP Power Limited (‘BLCP’) was established in 1995 after a Banpu-led consortium was selected by EGAT to build a 1,434 MW coal-fired power plant at Map Ta Phut.
In 1997 BLCP signed a Power Purchase Agreement (‘PPA’) with EGAT for a 1,434 MW coal-fired power plant.
In August 2003 BLCP closed its financing arrangements including finance worth THB 44 billion from Thai and international financial institutions. The first draw-down on the loans was made in September 2003.
The construction of BLCP commenced in July 2003 when its contractor, Mitsubishi, commenced work.
Banpu currently has a 50% shareholding in BLCP, with its partner, CLP Power (BLCP) Limited, initially holding the other 50%. CLP sold its 50% stake to Electricity Generating Public Company Limited in the end of October 2006.
BLCP’s 1st and 2nd Unit commenced their commercial operations in 2006 and 2007, respectively.
For more information about BLCP, please visit http://www.blcp.co.th
|2006 (Unit 1)
2007 (Unit 2)
Map Ta Phut Industrial Estate,
Rayong Province, Thailand