1. ACE intends to develop the Nam Pot Hydropower Project with capacity 14.5MW(11.5MW+3MW), located at Xiengkhouang Province on BOT basis in Laos (hereinafter collectively referred as “the Project”);
2. ACE also intends to SELL the project for the right partner.
3. ACE would like to sell the project for the value of 4,000,000 (Four Million Dollars). All documentation will be provided by ACE up to CA (Concession Agreement) stage.
4. Payment Tern: 10% after signing MOU, 10% after signing PPA, and 80% after signing CA.
5. Time Line for documentation: 60 Days after signing the contract.