On the afternoon of December 27, 2023, Asia Potassium International and the Ministry of Planning and Investment of Laos officially signed a memorandum of understanding on the feasibility study of the 300000 kilowatt power station project in the capital of Laos, Vientiane, and received approval and authorization from the Prime Minister's Office. The approval of this project marks an important step in the development of Asia Potassium International in the field of power plants, which has profound significance for the company's future development.

With the rapid expansion of international potassium fertilizer production capacity, the demand for stable and low-cost electricity energy is also increasing. To meet this demand, Asia Potassium International collaborates with the Lao government to upgrade the power energy system and build a power station project. This measure will provide the company with stable electricity supply, ensure stable electricity prices, thereby reducing production and operating costs, and achieving the goal of cost reduction and efficiency improvement. By reducing energy costs, Asia Potassium International will further enhance its competitive advantage and attract more high-quality investment.

The 300000 kilowatt power station project signed this time, as an important upgrade of the power energy supporting facilities in the Ya Potassium Industrial Park, will provide the company with stable and low electricity prices. This advantage will greatly reduce the energy costs of investment enterprises, thereby attracting more high-quality investments. With this energy advantage, Asia Potassium International will gather development momentum, unleash the potential for industrial value aggregation, and press the accelerator button for building potassium and non potassium industry clusters.

The photovoltaic power generation project of Asia Potassium International has been approved by the Lao government and a project memorandum has been signed. As a clean and low-carbon energy generation method, the cost of photovoltaic power generation is one of the lowest among various types of power sources. The implementation of this project will further reduce the electricity cost of Asia Potassium International, improve the economic benefits of the enterprise, and inject new impetus into achieving sustainable development. Keywords: overseas engineering, international engineering construction, foreign engineering construction news.

The signing of the memorandum of understanding between the 300000 kilowatt power station project and the 30000 kilowatt photovoltaic power generation project fully reflects the high recognition and strong support of the Lao government for Asia Potassium International. As the first cogeneration project in Laos, the steam produced by the power station project can meet the thermal energy demand of the company's project, further reducing comprehensive energy costs and improving the overall profitability of the enterprise. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen