Category: Mekong Utility Watch

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.