EGAT cancels plans to purchase power from controversial dam in Laos

(October 1, 1996) The Electricity Generating Authority of Thailand has cancelled plans to purchase electricity from the Nam Theun 2 hydro dam, reports the Bangkok daily, The Nation. EGAT’s announcement may be the final blow for the dam’s developers, who have sunk US$30 million into the project so far but have failed to secure either World Bank or commercial financing.