Signs Fuel Depot Construction Contract
Hongsa Power Signs Fuel Depot Construction Contract with NTP Trading Petroleum to Strengthen Energy Infrastructure for Sustainable Growth
On June 9, 2025, Hongsa Power Company Limited participated in the signing ceremony for the construction of a fuel supply and service station, in collaboration with NTP Trading Petroleum Company Limited. The event, officially titled the "Signing Ceremony for New Fuel Depot Construction and Supply between NTP Trading Petroleum Company Limited and Hongsa Power Company Limited," was held at the Crowne Plaza Vientiane Hotel in the capital city of the Lao PDR.
The ceremony was honored by the presence of senior government officials of the Lao PDR, along with executives and distinguished guests from both the public and private sectors.
The contract encompasses the design, construction, and installation of a comprehensive fuel service station within the Hongsa Thermal Power Plant project area. With a total project value exceeding USD 977,851.31 and a continuous service term of 8 years, the project is considered strategically significant in reinforcing national energy security.
Hongsa Power has reaffirmed its strong commitment to supporting the domestic economy by empowering Lao businesses through employment opportunities, knowledge and technology transfer, and capacity building—especially within the energy and logistics sectors, which are vital to the country’s long-term economic growth.
This project also marks a major step forward in advancing ESG (Environment, Social, and Governance) principles. It reflects the company’s dedication to environmental responsibility, social contribution, and ethical governance—creating sustainable value for the organization, local communities, and the nation.
As a key power producer of the Lao PDR, Hongsa Power Company Limited remains steadfast in its mission of “Operational Excellence,” aiming to deliver stable energy and well-being for all. The company continues to operate with a focus on long-term stability while actively contributing to the improvement of people’s quality of life and the development of surrounding communities.