ABB wins $63 million order for hydropower in Laos

Key power project will bring electricity to remote areas of Thailand and Laos

Zurich, Switzerland, June 2, 2005 - ABB, the leading power and automation technology group, said today that it has won a $63 million contract for its part in building an 1100 MW hydroelectric power plant in Laos that will bring sustainable power to remote regions of Thailand and Laos.

Head contractor EDF (Électricité de France) has awarded three civil and two electro-mechanical contracts to construct the $1.2 billion Nam Theun 2 hydroelectric project. ABB is part of a consortium lead by GE Energy that won an electro-mechanical contract.

“This order underscores the significance of our Asian Pacific markets, where there is increasing demand for ABB’s high-end technology as the region’s power infrastructure improves and expands,” said Peter Smits, head of ABB Power Technologies division. “We are proud to be part of a development project supported by the World Bank and the Asian Development Bank.”

The turnkey order will draw equipment and systems from ABB units in Canada, Sweden, Switzerland and Thailand, including: static generator excitation systems; one 500 kilovolt (kV) substation; one 115 kV substation; thirteen 90 megavolt ampere (MVA) single-phase transformers; two 50 MVA 3-phase transformers; a SCADA system; electrical protection systems and telecommunication systems.

The project is designed to provide Thailand with 5,600 gigawatt hours (GWh) of electricity per year, and Électricité du Laos (EDL) with 300 GWh per year. It has been identified by the World Bank as a key project for the economic and social development of Laos.

The project is owned by the Nam Theun Power Company (NTPC), which will build the power plant and operate it for 25 years, at which time it reverts to the Laotian government.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 102,000 people.

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