Decree No. 02/GoL on the Approval and Promulgation of the Policy on Sustainable Hydropower Development (PSHD) in Lao PDR.

This Decree approves and promulgates the Policy on Sustainable Hydropower Development (PSHD) in Lao PDR. This policy aims at providing policy guidance and reference to the agencies responsible for overseeing the implementation of investment projects in the hydropower sector as well as to inform and encourage project developers/investors to be aware of the Government policy on sustainable development in Lao PDR. The policy is not catered only for large scale projects but to all scales as necessary. Hydropower development project stages include: planning, construction, operation and transfer of the project. Responsible agencies shall work closely and effectively under the guidance of the Inter-ministerial Committee at the Ministry level formed by Ministry of Energy and Mines to ensure effective implementation of the updated Policy on Sustainable Hydropower Development. The overall objectives of the Policy on Sustainable Hydropower Development shall be implemented based on the principles of economic, social and environmental sustainability.