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Elecricite De France Withdraws from Laos Dam Power Deal - 2003-07-18


French utility "Electricite de France" has decided to withdraw from the long-delayed hydroelectric power project Nam Theun II in Laos, in which it has a 35% stake, of the planned 1-2 billion dollars dam. It said the decision is part of EDF's strategy to consolidate assets and refocus priorities in Europe.

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