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Laos and Vietnam have taken a significant step towards enhancing regional energy security with the signing of an agreement to develop a 1,200 MW wind power project in Nong district, Savannakhet province, Laos. The project, spearheaded by Chitchareune Construction Co., Ltd., aims to supply clean electricity to Vietnam starting in late 2027.
The agreement was signed on February 13 in the presence of Vietnamese Ambassador to Laos Nguyen Minh Tam, Lao Minister of Planning and Investment Phet Phomphiphak, and representatives from the Lao Government Office, the Ministry of Energy and Mines, and various agencies from both countries.
With a surveyed land area of nearly 28,500 hectares, the Nong Wind Power Project is being developed to support Vietnam’s energy security while meeting the growing electricity demands of Laos. Chitchareune Construction Co., Ltd. has been working closely with authorities, consulting firms, and financial institutions to finalize the project’s feasibility study. The concession contract is expected to be signed in the second quarter of 2026.
The wind farm will be developed in two phases, with a total investment of approximately $1.9 billion. The first phase, with a capacity of 702 MW, requires an investment of $1.123 billion, while the second phase, generating 498 MW, will involve an investment of $797 million.
Upon completion of the first phase by the end of 2027, the project is expected to supply 1,526 million kWh of renewable electricity to Vietnam annually. The second phase, scheduled for completion in 2030, will add 1,112 million kWh per year to Vietnam’s clean energy grid, reinforcing both countries’ commitment to sustainable energy development.
