Electricité du Laos (EDL) Generation Public Company, known as EDL-Gen, reported a financial comeback, recording a net profit of LAK 1.8 billion (USD 82.9 million) in 2025 after two consecutive years of deepening losses.
The result is a reversal for a company that had been profitable as recently as 2022 before sliding into the red in 2023 and again, more severely, in 2024, according to official data.
EDL-Generation Public Company is a Lao hydropower producer majority-owned by EDL, generating and exporting electricity mainly to Thailand, and operating ten hydropower dams across Laos. The company can export its energy through independent power producers.
Power Plants Lead the Charge
EDL-Gen’s plants generated 8,038 gigawatt-hours (GWh) of electricity in 2025, enough to power millions of homes, up from 6,970 GWh the previous year and nearly 19 percent above the company’s own target.
Hydropower facilities under EDL-Gen’s full ownership alone produced 18.20 percent above their individual plan.
Additional income from partner power projects also surged, after the Theun-Hinboun plant in Bolikhamxay and Khammouane Provinces fully repaid its debts and began paying out much higher dividends to EDL-Gen.
EDL-Gen also took decisive steps to strengthen its finances.
The company sold and transferred its stakes in several hydropower projects back to EDL and other investors, reducing its debt load and freeing up cash. Revenue more than doubled from LAK 3,003 billion (USD 136.5 million) in 2024 to LAK 6,842 billion (USD 311 million) in 2025, while the company’s debt burden relative to its assets fell by more than half.
Road Ahead
Despite the strong result, EDL-Gen is tempering expectations for 2026.
The company projects a much smaller profit of LAK 128 billion (USD 5.8 million) next year. Management is also bracing for a cash shortfall and plans to sell additional projects and seek government financial support to bridge the gap.
Still, after years of turmoil, EDL-Gen enters 2026 on far firmer ground, operating 1,657 megawatts (MW) of installed capacity, enough to supply electricity to a small country,or enough to power roughly one to 1.5 million homes.


