Nam Theun 2 Power

Name

Nam Theun 2 Power

Legal name

Nam Theun 2 Power Company Limited

Website

https://namtheun2.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Hydropower Generation

NAICS

Hydroelectric Power Generation (221111)

SIC

Electric Services (4911)

akta.pro primary industry

Reservoir/Impoundment Hydroelectric Generation (EUACAEAB)

akta.pro secondary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

Keywords

• Hydropower generation
• Electricity supply
• Renewable energy
• Power concession
• Transmission infrastructure

Headquarters

HQ city

Vientiane

HQ country

Laos

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Others

Revenue model

1. Electricity Generation and Sales: The company generates electricity through its hydropower facility and sells it under long-term power purchase agreements. Approximately 5% of electricity is supplied for domestic use in Laos while 95% is exported to Thailand. Revenue is generated through the sale of generated electricity to government offtakers under the concession agreement.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Nam Theun 2 Power Company Limited operates a 1,080 MW run-of-river hydroelectric power plant on the Nam Theun River in Khammouane Province, Laos, under a 25-year Build-Operate-Transfer concession running from 2010 to 2035. The company generates and sells electricity primarily to Thailand's Electricity Generating Authority (EGAT) under a long-term Power Purchase Agreement (approximately 95% of output), with the remainder supplied to Electricité du Laos for domestic consumption, contributing an expected USD 2 billion in revenue to the Lao government over the concession period.

Product overview

Nam Theun 2 Power Company operates the Nam Theun 2 Hydroelectric Project, a 1,080 MW hydropower facility in Khammouane Province, Laos. The core product is electricity generation under a 25-year concession (2010-2035), producing approximately 6,000 GWh annually. Beyond power generation, the company offers community development programs including the Nam Theun 2 Development Fund (NT2DF) for sustainable livelihoods, Long-Term Scholarships for Nakai students, Nakai Community Radio for information access, Social Safety Net Program for vulnerable populations, and agricultural/livestock development support. The company also maintains certified ethics and compliance systems under ISO 37001 (Anti-Bribery) and ISO 27001 (Information Security). The company is jointly owned by EDF (40%), EGCO (35%), and Lao Holding State Enterprise (25%).

Differentiator

Problem solved

Functional benefit

Products and services

• Nam Theun 2 Hydroelectric Power Plant (1,080 MW) Large-scale run-of-river hydroelectric generation facility with 1,080 MW installed capacity, producing electricity sold to the Electricity Generating Authority of Thailand (EGAT) and Electricité du Laos under long-term Power Purchase Agreements.
• Cross-Border Electricity Supply (Thailand and Laos) Wholesale supply of generated electricity across borders, with approximately 95% exported to EGAT in Thailand and the remaining 5% delivered to the Lao national grid via Electricité du Laos.
• Concession-Based Power Generation Services Operation, maintenance, and management of generation assets under a Build-Operate-Transfer concession agreement with the Government of Laos, with assets to be transferred to the Lao state at the end of the concession period.

Quantifiable outcome

• 92,000+ GWh of electricity generated to date
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered minor and core.

• French Development Agency (AFD) and French Research Institute for Development (IRD)minorStrategic or Co-development Partner · 1 January 2026During the French Ambassador's visit in January 2026, meetings were held with AFD and IRD to discuss ongoing cooperation in sustainable development and research initiatives related to the Nam Theun 2 project.
• Government of France (via EDF connection)minorStrategic or Co-development Partner · 1 January 2026The French Ambassador H.E. Ms. Bénédicte Deschamps visited Nam Theun 2 from 26-28 January 2026, highlighting the long-standing Franco-Lao cooperation in sustainable development and renewable energy.
• Asian Development Bank (ADB)minorStrategic or Co-development Partner · 17 September 2025ADB Vice President Mr. Bhargav Dasgupta visited Nam Theun 2 on 17-18 September 2025 to reinforce commitment to sustainable development. The visit highlighted ADB's interest in the project's sustainability practices.
• Électricité du Laos (EDL)coreStrategic or Co-development Partner · 12 September 2025On 12 September 2025, NTPC and EDL signed a Landmark Memorandum of Understanding to strengthen cooperation in the Lao electricity sector. This partnership aims to enhance knowledge sharing and collaborative development initiatives.
• International Commission on Large Dams (ICOLD)minorStrategic or Co-development Partner · 1 May 2025Nam Theun 2 actively participates in ICOLD Congresses and activities. The company serves as Vice President of the Lao Association on Dams (LAD), contributing to international dam safety discussions and best practices sharing.
• Mekong River Commission (MRC) and Australian National University (ANU)minorStrategic or Co-development Partner · 1 January 2025In May 2025, a delegation from the Ministry of Energy and Mines, along with MRC and ANU, visited Nam Theun 2 for regional collaboration on sustainable hydropower. This partnership supports knowledge sharing and research cooperation.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ratch Group Public Company Limited: Ratch Group is one of Thailand's largest IPPs with a portfolio spanning hydro, gas, and renewables across Southeast Asia. It is a direct peer in cross-border Thai/Lao power generation and shares exposure to EGAT PPA dynamics that drive NT2's export revenue.
• Electricity Generating Public Company Limited (EGCO): EGCO is a 35% shareholder of Nam Theun 2 Power and operates as a Thai-listed independent power producer with a portfolio including hydro, gas, and coal assets. It is directly comparable as a regional IPP focused on Thai power demand, with overlapping hydropower operations and shareholder/operator overlap.
• CK Power Public Company Limited: CK Power is a Thai-listed IPP with major hydropower assets in Laos (including Nam Ngum 2 and Xayaburi), making it a direct Southeast Asian hydropower peer with similar BOT concession structures, Lao/Thai PPA offtake dynamics, and country risk profile.

Regional players

• Aboitiz Power Corporation: Aboitiz Power is a major Philippine-listed IPP and hydropower operator with diversified generation across hydro, geothermal, and thermal. It is a regional peer comparable on Southeast Asian hydropower operations, IPP business model, and emerging-market utility exposure.
• Gulf Energy Development Public Company Limited: Gulf Energy is one of Thailand's largest private power producers with a portfolio focused on gas-fired generation and renewables. While primarily thermal, it is a regional Thai IPP peer sharing the same Thai EGAT PPA counterparty dynamics as NT2's export business.

Others

• Mitsubishi Corporation (Power Sector): Mitsubishi Corporation has significant investments in Southeast Asian IPPs and hydropower projects, including Lao and Thai assets. It is comparable as a Japanese strategic investor in regional hydropower and a potential partner/peer shareholder in similar Lao concession structures.
• International Finance Corporation (IFC): IFC is a major financier of hydropower projects in emerging markets including Laos. While not a direct operator, IFC is comparable as an ecosystem participant providing capital, ESG standards, and advisory support to BOT hydro concessions similar to Nam Theun 2.

Broad incumbents

• China Southern Power Grid International (CSGI): CSGI operates large-scale transmission and generation assets across Southeast Asia, including hydropower projects in Laos and Cambodia. It is a broad incumbent comparable on cross-border Mekong power infrastructure and Lao operations.
• Statkraft AS: Statkraft is Europe's largest generator of renewable energy and a global hydropower operator. It is a broad incumbent peer comparable on technical hydropower operations, reservoir management, and IPP concessions in emerging markets.
• Électricité de France (EDF): EDF is the 40% majority shareholder of Nam Theun 2 Power and one of the world's largest hydropower operators, with extensive hydroelectric generation globally. As the parent and technical operator, EDF provides directly comparable hydro operating expertise and is a broad incumbent peer in the IPP and hydro space.

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/namtheun2
• LinkedInlinkedin.com/company/ntpc---nam-theun-2-power-company

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nam Theun 2 Power