01 September 2025
01 September 2025
Despite their promise, there are notable limitations of SMRs that could prevent their widespread adoption.
The project will generate 1.5GW of clean energy, sufficient to power 1.5 million homes annually.
The funding retraction includes one project from the INFRA programme, which accounts for $427m.
The project is expected to create between 10,000 and 12,000 direct and indirect jobs during the construction phase.
The project will supply power for 500,000 homes and create 400 construction jobs.
These reforms can enable the country to meet its pledge to triple renewable power capacity by 2030.
Touted as Asia's first cross-border renewable energy initiative, the project transmits power from Laos to Vietnam.
The acquisition was facilitated by the government's decision to maintain a national approach to electricity pricing.
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