THEUN-HINBOUN POWER COMPANY LIMITED
Status: Completed investmentWhy disclosure?
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In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FMO’s client is Theun-Hinboun Power Company Limited, which is a 520 MW hydro power plant, situated in Laos.
What is our funding objective?
Objective of the project is threefold, namely to (i) train the resettled and relocated farmers and the local agricultural agency in crop rotation, (ii) raise awareness on the risks of cassava plantation and (iii) improve the farmers livelihood on the mid- and long term.
Why do we fund this investment?
Soil depreciation due to the use of cash crops like cassava and lack of crop diversity puts the farmers at risk of losing livelihood and face a loss of income generation while at the same time it damages the environment. Training the local agricultural organization will make sure that knowledge and skills will be transferred on a continuous basis. If successful, this program can serve as a best practice example and can be replicated by other hydropower clients of FMO with similar challenges.
- Region
- Asia
- Country
- Lao People's Democratic Republic
- Sector
- Energy
- Effective date
- 12/4/2018
- End date
- 5/25/2022
- Total FMO financing
- EUR 0.10 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A