ID :
55721
Thu, 04/16/2009 - 07:07
Auther :
Shortlink :
http://m.oananews.org//node/55721
The shortlink copeid
Banks bankroll northern hydro-electric power plant
Hanoi (VNA) - Four domestic commercial banks signed with the Electricity of Vietnam (EVN) on April 15 a contract on a 2.6 trillion VND loan for the Ban Chat hydro-electric power project in northern Lai Chau province.
The loan providers included the Bank for Agriculture and Rural Development of
Vietnam (Agribank), the Bank for Investment and Development of Vietnam (BIDV), the
Bank for Foreign Trade of Vietnam (Vietcombank), and the Global Petro Commercial
Joint-stock Bank.
Of the total, Agribank has committed 1.46 trillion VND with a 13-year maturity and
a 3-year grace period.
The 220 MW Ban Chat project is being built at a cost of more than 8.6 trillion VND
on the Nam Mu river.
Scheduled to be operational in the first quarter of 2012, the plan will supply 1.3
billion kWh to the national grid each year, and help regulate water flows for the
lowlands.-Enditem
The loan providers included the Bank for Agriculture and Rural Development of
Vietnam (Agribank), the Bank for Investment and Development of Vietnam (BIDV), the
Bank for Foreign Trade of Vietnam (Vietcombank), and the Global Petro Commercial
Joint-stock Bank.
Of the total, Agribank has committed 1.46 trillion VND with a 13-year maturity and
a 3-year grace period.
The 220 MW Ban Chat project is being built at a cost of more than 8.6 trillion VND
on the Nam Mu river.
Scheduled to be operational in the first quarter of 2012, the plan will supply 1.3
billion kWh to the national grid each year, and help regulate water flows for the
lowlands.-Enditem
