Lao Holding State Enterprise (LHSE) is a business entity of the Government of Lao PDR (GOL) for investment in electric power sector. It is intended by GOL to use LHSE for holding GOL shares in IPP project companies and administer GOL interests under project Shareholder Agreements, etc.
The types of fund described below are related to investment of Lao Holding State Enterprise (LHSE) in Nam Theun 2 Hydropower Project. The fund provided to LHSE for financing its equity in Nam Theun 2 Power Company Limited (NTPC) is a package of loans from the Government of Lao PDR (GOL).
Fly ash is a byproduct from burning pulverized coal in electric power generating plants. During combustion, mineral impurities in the coal use in suspension and float out of the combustion chamber with the exhaust gases. As the fused material rises, it cools and solidifies into spherical glassy particles called fly ash.