Category: Nam Theun

Nam Theun electricity consortium: Rising water, falling expectations

(September 17, 2008) In June of this year, the World Bank-financed and French-led Nam Theun 2 Electricity Consortium began filling the Nam Theun 2 reservoir in central Laos despite its failure to produce feasible plans and the necessary budget for restoring displaced people’s livelihoods, Shannon Lawrence of US-based International Rivers reports.

Nam Theun 2 figures don’t add up

(April 5, 2005) On March 31, the World Bank executive directors approved a $50 million partial risk guarantee, a $20 million grant, and up to $200 million in political risk guarantees for the controversial Nam Theun 2 hydroelectricity project in Laos, despite a World Bank economic project analysis with very questionable assumptions.