欢迎进Allbet欧博官网,欧博官网是欧博集团的官方网站。Allbet欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

首页社会正文

足球博彩公司(www.hg108.vip)_No significant fallout from Laos woes

admin2022-06-2713

球博彩公司www.hg108.vip)是〖shi〗一个开放(fang)皇冠即时比分、代理《li》最新登录〖lu〗线路《lu》、会员最新登录线路、皇冠代理《li》APP下载、皇冠会员APP下载、皇「huang」冠{guan}线路 lu[APP下载、皇冠电脑【nao】版下载「zai」、皇冠手机版“ban”下《xia》载《zai》的皇『huang』冠新现(xian)金网平台『tai』。足(zu)球博彩公司上登录‘lu’线路最新“xin”、新2皇冠网址‘zhi’更新(xin)最快,足球《qiu》博「bo」彩公司开(kai)放皇冠【guan】会员注{zhu}册、皇冠(guan)代(dai)理开户「hu」等业务。

,MFCB has built and now operates a 260MW run-of-river hydropower plant.Called the Don Sahong hydropower project, it is located on the Mekong river in southern Laos and is run by MFCB’s 80%-owned Don Sahong Power Co Ltd (DSPC). The group also has solar photovoltaic (PV) investment business activities there.

WITH a looming debt crunch, Laos is facing the risk of being the next in Asia to possibly default.

The country’s cash reserves have plummeted, according to wire reports and there is a serious shortage of fuel amid surging inflation – the same pressures that pushed Sri Lanka to default last month and which threatened Pakistan’s balance of payments.

One Bursa Malaysia-listed company which has significant business in Laos is Mega First Corp Bhd (MFCB).

Under its renewable energy (RE) division, MFCB has built and now operates a 260MW run-of-river hydropower plant.

Called the Don Sahong hydropower project, it is located on the Mekong river in southern Laos and is run by MFCB’s 80%-owned Don Sahong Power Co Ltd (DSPC). The group also has solar photovoltaic (PV) investment business activities there.

The hydropower project, which began operations in 2020 and has a concession period for 25 years up to Sept 30, 2045, is MFCB’s main income earner.

It contributed about 45% of the group’s revenue and 82% of profit before tax in the first quarter ended March 31, 2022 (1Q22).

With an annual cash flow estimated at around RM450mil, the hydropower dam has been a catalyst driving investor interest in MFCB.

But how will this business fare in light of the current situation impacting Laos?

MFCB says that it does not anticipate any significant fallout from the country’s economic woes because the power generated at its Laos power plant is sold to Cambodia and hence the counterparty risk is not specifically Laos.

“We do not foresee the current crisis in Laos to have a significant impact on MFCB. The power generated by DSPC in Laos is 100% evacuated to Cambodia via two government-to-government power purchase agreements signed between Electricite Du Laos (EDL) and Cambodia’s Electricity Authority (EDC),” MFCB executive director Khoo Teng Keat tells StarBizWeek.

EDL is the state corporation that runs and operates Laos’ electricity. Bloomberg, in a June 15, report said the electricity operator accounted for nearly a third of Laos’ publicly-guaranteed debt in 2021 based on World Bank data.

Elaborating, Khoo says revenue collection is *** ooth.

“Cambodia’s EDC has been prompt in its payment to EDL. In turn, EDL has been paying DSPC every month,” he adds.

Currently, MFCB is constructing Don Sahong’s fifth turbine, which has a size of 65MW and costs about US$65 to US$70mil (RM286 to RM308mil). This was initially scheduled for financial year 2020 but got delayed due to Covid-19.

网友评论

最新评论