Nam Tha 1 Lao Power Company Limited                05/08/2017


Nam Tha 1 Lao Power Company Limited

2017 Semi-Annual Meeting

On the 4th of August, 2017, Nam Tha 1 Lao Power Company Limited (The Company) convened a 2017 semi-annual meeting. The meeting was led by Mr. Xie Zhengdu, Chief Engineer of the Company, participants include Mr. Sun Peng, General Manager, Mr. Liu Jian, Deputy General Manager and all departments of the Company.

The meeting started with a speech on the key idea of CSGI 2017 Semi-Annual Meeting delivered by Mr. Liu Jian, followed by half year work report from each department, and ended with a half year work report from General Manager.

Mr. Sun Peng pointed out in his report that the first half of 2017 had been smooth in general. The Company achieved safe construction goal with zero casualties, zero accidents, and zero quality incident. Progresses of construction, resettlement work and asset management was in control. We had no financial security accident, violation of party discipline, or contract dispute. All work had moved forward steadily to the goal planned in the beginning of the year.

However, in the first half of 2017, the Project has faced with great difficulty due to the landslide on the left bank above spillway. On the basis of current situation analysis, Mr. Sun Peng pointed out that the accident of landslide had caused an immense negative impact on the construction progress, resulted in a tighter timeframe and higher pressure on various tasks following the accident. Treatment and solution for the spillway slope was of top priority among others, and must be completed within the first half of 2018. He demanded all to continue working hard on related work, ensure all conditions for impoundment are meets in the first half of 2018. For work on the second half of 2017, Mr. Sun gave out 17 main tasks to all departments, which cover safety, quality, progress, financing, preparation for production, resettlement, team building etc.

Through this meeting, all employees faced with the difficulty head on, recognized and understood the situation which promoted fighting spirit, and shall strictly implement all work according to the arrangement made by the General Manager, in order to ensure all work complete as scheduled. 

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