The Nam Ngiep 1 Power Company is co-owned by KPIC Netherlands (45%), a subsidiary of Japan's Kansai Electric Power, EGAT International (30%) of Thailand, and the Lao Holding State Enterprise (25%). The project's objective is to provide electricity to the Lao national grid and to neighbouring countries to earn foreign exchange needed for national development.

To be developed as a build-operate-transfer project, with an annual power generation of around 1,620GWh, Nam Ngiep 1 will sell its output to EGAT and Electricite du Laos (EdL) for 27 years under a power purchase agreement and the company's concession agreement with the Lao government. After this the project will be transferred to Lao public ownership.

International social and environmental standards are built into the company's agreement with the government and Nam Ngiep 1 is committed to building an environmentally sustainable project that contributes to improved livelihoods for local communities and Lao people in general.