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The Straits Times (24 March 2025)

Laos has signed a US$1.45 billion (S$1.94 billion) clean energy deal with a Chinese power plant equipment manufacturer as the South-east Asian country furthers its push into clean power generation and transmission.

China Western Power Industrial, along with a Singapore-based construction company, signed the agreement with Xekong Thermal Power Plant in Laos to design, supply, and build a 1,800-megawatt clean energy power project in southern Laos, according to a stock exchange filing by the Sichuan-based company on March 24.

Shares of the Shenzhen-listed firm jumped 9.9 per cent after the filing. So far in 2025, the stock has surged 46.3 per cent.

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