Energy management principles:
Investors in biofuel production must first prepare a detailed “Biofuel Development Plan” consisting of a strategic plan, together with short, medium and long term plans. The investment must be “environmentally sustainable” and “economically viable”. The Ministry of Energy and Mines is responsible for working with the investor to prepare a suitable Biofuel Development Plan to submit to the Government for approval.
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Biofuel production is a concessionary business, requiring the investor to establish a project company in the Lao PDR and enter into a concession agreement for biofuel production with the Government. The project company must also obtain a specific operating license, to be issued by the Ministry of Energy and Mines.