Ital-Thai wins Bt25bn contract in Laos

TUESDAY, OCTOBER 30, 2012
Ital-Thai wins Bt25bn contract in Laos

Italian-Thai Development Plc's subsidiary Italian-Thai Hongsa Co Ltd has won a Bt25 billion land excavation contract from Hongsa Power Co Ltd.

 

In a filing to the Stock Exchange of Thailand, the company said that under the 15-year contract, the company is committed to excavate and transport waste from the main pit of Hongsa Power's lignite mine. The quantity of the waste is estimated at 383 million cubic metres.
Hongsa Power operates a 1,878MW power plant in Hongsa, Laos, which will be fuelled by locally-sourced lignite.