Financing Project financing was required for the development of the 1,878 megawatt (MW) lignite-fired mine mouth power plant, comprising two separate power purchase agreement for each of the Electricity Generating Authority of Thailand and Electricité du Laos. In addition, two concessionary agreements were required to develop a lignite and limestone mine. Also included in the financing were a 67 kilometres (km), 500 kilovolt (kV) overhead powerline to the Thai-Lao border, 5 km and 110 km of 115 kV double circuit powerlines to two Lao substations, two dams to serve as reservoirs for the plant’s water supply, as well as a variety of other supporting infrastructure to accommodate the development. This was the first significant project delivered by primarily Chinese-led engineering, procurement and construction (EPC) contractors for each national electric company. Black & Veatch was hired as an LTA post-financial close and selection of EPC contractors. Taking advantage of loan disbursement milestones, Black & Veatch was able to steer contractors back to a more desired schedule and influence the selection of subcontractors on behalf of the lenders. The project development was complete in 2016. Black & Veatch continues to advise the lenders on how to optimize returns over the life cycle of the power asset. 0 Related Insights The Stormwater Resilience Roadmap: Integration of Delivery Frameworks and Financial Capacity A structured path to a paradigm shift in stormwater management can be developed by integrating an alternative program planning and execution framework, and by enhancing financial resilience through effective funding mechanisms. From Internet of Things to Internet of Water: How Integrated Data Can Help Stop "Day Zero" Water Utilities Urged to Exploit Data, Use Less Guesswork Water Meets "New Energy": Surging Renewables Has Utilities Eyeing Alternative Power Sources As the nexus of water and "new energy" becomes more common in the water sector's lexicon, Black & Veatch's 2019 Strategic Directions: Water Report survey shows that water and wastewater plant operators are embracing "master plans" meant to optimize their energy use. Amid Climate Change Worries, the Question: What to do With Too Much Water? Related Project Stories DIY Approach Makes Water Treatment Safer for Hong Kong Citizens The Hong Kong Water Supplies Department is bringing more clean drinking water to its citizens in much safer ways. Ultimately, the department set out to double the Tai Po Water Treatment Works’ production. Achieving that goal was an amazing feat in itself, but the department saw beyond the infrastructure to boldly address the equally complex challenge of safe and sustainable treatment. Lifting the Burdens of Capital Improvement Programs For more than 20 years, Black & Veatch worked with the Winston-Salem/Forsyth County Utility Commission to upgrade its wastewater treatment system on a project-by-project basis. There were many short-term wins, but resilience dated master plan made the long-term a bit less clear. The real win, and biggest cost savings, required a different approach. Customer Engagement Leads to Safer Natural Gas Operations for Community Baltimore Gas and Electric (BGE) is serious about their commitment to safe and reliable operations. To bolster their residential natural gas meter protection efforts, BGE partnered with Black & Veatch on an integrated plan to relocate and safeguard meters for more than 16,000 natural gas customers in the Baltimore, Maryland, region. Integrated Waste Management Facility to set new Global Standards Innovative long-term planning and advanced engineering at the upcoming Integrated Waste Management Facility (IWMF) in Singapore will enable the island nation reap the benefits of energy and resource recovery maximisation for years to come. Marine Corps Air Station Miramar Microgrid: From Design and Construction to Operations and Commissioning The energy security microgrid at Marine Corps Air Station Miramar, in San Diego, California will provide resiliency, incorporate renewable energy, and allow operations at mission-critical facilities to continue if the utility power grid is compromised or damaged.