Laos, Malaysia and Thailand kick off ASEAN multilateral power trading

Laos, Malaysia and Thailand on Wednesday have inked an agreement that paves the way for multilateral trade in electric power by 2018. This represents a push for regional cooperation to enhance connectivity and sharing of resources. Under the Memorandum of Understanding signed by the three neighboring countries, Malaysia will import up to 100 megawatts of hydroelectric power from Laos, which will be transmitted on the existing power grid that passes through Thailand.

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