Rasita Power Co., Ltd. was incorporated in 2011 by Mrs. Banheuang OUDONE, an entrepreneur who heads the Longsheng Group ( a group of companies focused into the businesses of production and export of different seafood in frozen as well as canned forms) with a registered capital of USD 14.6 million and total capital of 40 million at present.
The Nam Hinboun Downstream Hydro Power Project (15 MW) was awarded to Rasita Power Co.,Ltd. for development on Built Operate and Own (BOO) basis for a Concession period of 30 years. The Feasibility Study for the project was done, the Power Purchase Agreement(PPA) was signed in December, 2015 with the state utility EDL for a period of 30 year. The Engineering, Procurement and Construction (EPC) contract to implement the project has recently been awarded to ANHE, a reputed Chinese firm. The construction of the project is to be started by November, 2016 and is stipulated to complete within 27 months.
The company has in its disposal a group of professionals having wide ranges of experiences right from development of Hydro Power project, Structural Engineering, Management of production enterprises, Financial analysis to HR management which provide the competencies to venture into Hydro Power and electricity business.
- The company has in its disposal a group of professionals having wide ranges.
- The company has in its disposal a group of professionals having wide ranges of professionals having wide ranges.
- The company has in its disposal a group of professionals having wide ranges of professionals having wide ranges