ALPHAX's APDL and JDB sign MOU for Solar funding in Lao PDR

MGR Online•Economy•35m ago

Reader Briefing

Alpha Power Development (Lao) Sole Co., Ltd. signed an MOU with Joint Development Bank Public to establish a framework for credit support for solar power projects in Lao PDR.

•Alpha Power Development (Lao) Sole Co., Ltd. (APDL), a subsidiary of Alpha Divisions Public Company Limited (ALPHAX), signed an MOU with Joint Development Bank Public (JDB).
•The cooperation focuses on considering loan support for solar power projects on a project-by-project basis.
•The projects under consideration have a total installed capacity of over 400 megawatts.
•The initiative is part of a feasibility study framework under an MOA between APDL and Electricite du Laos (EDL).

Overview

•Alpha Power Development (Lao) Sole Co., Ltd. signed a Memorandum of Understanding (MOU) with Joint Development Bank Public.
•Alpha Divisions Public Company Limited intends to increase funding options and financial readiness for future project development.
•The projects potentially considered under the MOU have a total installed capacity of over 400 megawatts.
•This activity is part of a feasibility study to develop solar projects according to a Memorandum of Agreement (MOA) between Alpha Power Development (Lao) Sole Co., Ltd. and Electricite du Laos.
•Kampon Truangburanakul stated that ALPHAX sees opportunities in the energy demand and clean energy development direction of Lao PDR.
•Loan considerations will be conducted per project based on key factors, with financial terms to be negotiated according to market conditions.
•The cooperation allows the group to expand its renewable energy portfolio from its existing project base in Lao PDR.

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Key Quotes

Kampon Truangburanakul

"ALPHAX sees opportunities from the direction of energy demand and clean energy development of Lao PDR."

ALPHAX มองเห็นโอกาสจากทิศทางความต้องการใช้พลังงานและการพัฒนาพลังงานสะอาดของ สปป.ลาว

Key Entities

Organization

Alpha Divisions Public Company Limited(บริษัท อัลฟ่า ดิวิชั่นส์ จำกัด (มหาชน))

A company referred to as ALPHAX whose CEO is Kampon Truangburanakul.

Alpha Power Development (Lao) Sole Co., Ltd.

A subsidiary of Alpha Divisions Public Company Limited (ALPHAX) operating in renewable energy development and investment in Lao PDR.

Joint Development Bank Public

A bank (JDB) that signed an MOU with Alpha Power Development (Lao) Sole Co., Ltd. to consider providing credit for solar projects.

Electricite du Laos(Electricité du Laos)ℹ️

The state-owned electricity enterprise of Lao PDR (EDL) that signed an MOA with Alpha Power Development (Lao) Sole Co., Ltd.

Place

Lao PDR(สปป.ลาว)ℹ️

The location where Alpha Power Development (Lao) Sole Co., Ltd. is developing solar energy projects.

Person

Kampon Truangburanakul(กำพล ทรวงบูรณกุล)

Chief Executive Officer of Alpha Divisions Public Company Limited.