Dear all,

I am project manager on a small scale Hydropower Project in Laos. Nam Nhone 
Project is a 2.4 MW project with located in in Bokeo province, northern Laos. 
Laos is not an easy country to start up a business as the administrative tasks 
can take quite a long time. Nevertheless, our project went through all these 
administrative obtacles and we are now ready to sign both PPA and CA (Power 
urchase Agreement with EDL, and Concession Agreement with the Lao government). 
We planned to start the construction within the end of the year, and we are 
technically ready as we carried out both Feasibility study and detail design.
Our only problem is now to find a decent financing. Despite the strong 
development aspect of our project as Bokeo is quite a remote province, and its 
very low environmental impact, our project has been rejected by development 
banks like ADB and the World Bank, because of its size. We are now negotiating 
with local commercial Banks, but loan conditions (interest rate around 10% 
p.a.) are threatenning the project's economical feasibility.

Would you have any advise, or ideas about our project's financing? Please feel 
free to contact me.

Many thanks 

Regards

Rémi 



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