ADB to arrange new Monsoon Wind loan

Published by
The Bangkok Post

BCPG Plc, the renewable energy arm of mostly state-owned Bangchak Corporation Plc, has selected Asian Development Bank (ADB) to arrange a new 22-billion-baht loan to develop the Monsoon Wind project in Laos into an electricity-generating facility with the largest capacity in Southeast Asia. The 600-megawatt wind farm is expected to be a “bankable project”, said BCPG chief executive Bundit Sapianchai. It will play a key role in global efforts to reduce carbon dioxide released from fossil fuels, he said. ADB has financed several of BCPG’s green power projects, including its first wind farm with …

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