Hongsa Power Co.,Ltd is a joint venture US$3.7 billion, 1,878 MW lignite-fired power plant in Hongsa District, Sayabouly province, Lao PDR. The business is a lignite mining and electricity generation facilities on a 70 square km, more than 300 km from Vientiane Capital yet only 35 km from Nan province, Thailand. The power plant will have 3 units, 626 MW each, and it is expected to start commercial operation by 2015.
Hongsa Power Co.,Ltd is a shared enterprise from Ratchaburi Holding with 40%, Banpu Power Co., Ltd. with 40% and Lao Holding State Enterprise with 20%. The company is a result of a Lao-Thai joint effort to address the increases in demand for electricity in Thailand and Lao PDR as well as to stimulate the socio – economic development of Lao PDR.