The company was established on November 15, 2018 with registered share capital of 8 billion kip, of which 60 percent is owned by EDL-Gen O&M and 40 percent by ESCO, he said.
The company’s services are providing O&M services, major maintenance services, engineering and construction services, long term service agreements and technical training, Mr Phoummy said.
EDL-Gen O&M was established in December 2017 and registered as a legal entity in the Lao PDR.
The company’s O&M engineers have more than 40 years of experience at 10 hydropower plants including Nam Ngum I (COD)-1971), Nam Khan 2(COD-2015), Houay Lamphan Gnai (COD- 2015), Xeset 2 (COD-2009), Nam Leuk (COD-2000), Xeset 1 (COD-1991), Nam Mang 3 (COD-2005), Nam Sana (COD-2014), Nam Song (COD-2012) and Selabam with total installed capacity of 619MW.
The registered capital of EDL-Gen O&M is 2.4 billion kip with EDL-Gen holding 100 percent of the shares.
The core business operation is to provide operation and maintenance services for hydropower plants, to provide the major and minor overhaul for hydropower plants and substations, and to joint- venture with domestic and abroad companies.
O&M services for hydropower plants are PSA Xepian-Xenamnoy, Nam Lik 1, Nam Khan 3, Tad Salen, Nam Theun 1, PSA Don Sahong, Nam Chiane and Xeset 3.
ESCO the leading of Thai’s power plant operation, maintenance and engineering services provider. The company was established in September 1995 and has a capitalisation of 400 million baht or about US$11.5 million and is wholly owned by the Electricity Generation Public Company Ltd. (EGCO).
ESCO have more than 20 years of experience in Power Plants, Petrochemicals and other industrials for Operation, Maintenance and Engineering services in Thailand, other countries in South East Asia and Middle East.