Tokyo Electric wins $1.03 million consulting contract

Tokyo Electric Power Co., Asia’s biggest utility, has won an Asian Development Bank (ADB) contract to draft a plan to build transmission lines linking Cambodia, Laos and Vietnam.

The contract is worth about US$1.03 million, the utility said in a statement in Tokyo Thursday. A team of five employees, including engineers specializing in transmission, would work on the plan, company spokesman Hiroshi Itagaki said by telephone Thursday.

The Manila-based bank selected Tokyo Electric in response to requests from the three countries to build lines to transmit electricity from Laos.

Bloomberg

>   Provinces make little headway in business facilitation  (12/12/2008)

>   Trade ministry looks to streamline LPG pricing (12/12/2008)

>   Country gets first coffee exchange (12/12/2008)

>   HCM City to save energy via efficient lights (12/12/2008)

>   Total buys large Saigon Gas stake (12/12/2008)

>   Mekong Delta region sustains growth rate (12/12/2008)

>   Farmers cannot purchase fertilizer, despite big stocks (12/12/2008)

>   Not enough frozen farm produce to be exported to the US (12/12/2008)

>   Ministry to use new method to count mobile subscribers (12/12/2008)

>   HCM City requires 1 billion USD each year for infrastructure (12/12/2008)