EVN secures credit for Lai Chau hydropower plant

Electricity of Vietnam Group (EVN) has secured a credit agreement with Vietnam Development Bank for handling the resettlement of local people who gave land to the Lai Chau hydropower plant.
The VND4.6 trillion credit, signed in Hanoi on May 19, will also be used for the manufacture of machinery in service of the Lai Chau power plant, which is located in the northern province of the same name.

Construction of the Lai Chau hydropower plant, estimated to cost VND37.5 trillion, started in January this year.

Once completed in 2017 as planned, it will have three turbines with a total capacity of 1,200 MW. – VIR

Tags: Lai Chau hydropower plant

Posted by VBN on May 20 2011. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry