(Yicai Global) July 25 -- Several days of heavy rain that collapsed a dam at Xe-Pian Xe-Namnoy Power (PNPC), a hydropower station under construction in Laos, caused no damage to electromechanical devices which a Zhefu Holding Group unit furnishes.
The hydropower station's auxiliary dam collapsed on July 23 and floods then swept through nearby villages, the company learned from the site's project management department.
The Laotian government has started emergency relief work and casualties are being tallied, per an announcement the Zhejiang-based electromechanical device supplier issued today.
As the hydropower station is dozens of kilometers away from the auxiliary dam, however, the collapse left the company's equipment and staff unaffected, the announcement said, but without disclosing further details on the collapse or its potential impact on further construction.
The company is still performing its supply agreement with the station's contractor, the announcement added.
The project lies in Champasak, in the Southeast Asian nation's southern province of Attapeu close to its frontiers with Vietnam and Cambodia. South Korea's SK Engineering & Construction, Korea Western Power, Ratchaburi Electricity Generating Holding and Lao Holding State Enterprise are jointly investing in and constructing it.
Zhefu Hydropower International Engineering, a wholly-owned subsidiary of Zhefu Holding Group, signed the USD74-million electromechanical equipment general contracting project contract with SK Engineering & Construction, the project's general contractor, in July 2014, with a term running from that month to February next year. Delivery of all the goods in batches is set to conclude by the end of this year, the announcement noted.
Editor: Ben Armour