Tokyo Electric Power Co., Asia’s biggest utility, has won an Asian Development Bank (ADB) contract to draft a plan to build transmission lines linking Cambodia, Laos and Vietnam.
The contract is worth about US$1.03 million, the utility said in a statement in Tokyo Thursday. A team of five employees, including engineers specializing in transmission, would work on the plan, company spokesman Hiroshi Itagaki said by telephone Thursday.
The Manila-based bank selected Tokyo Electric in response to requests from the three countries to build lines to transmit electricity from Laos.
Source: Bloomberg
Saturday, December 13, 2008
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