PVFC offers consulting services for arranging capital at thermo power plant project

The National Oil and Gas Group (PetroVietnam) and five international banks of China Development Bank, HSBC, Bank of Tokyo-Mitsubishi UFJ, Credit Suisse and Intesa SanPaolo planned to sign the credit contracts funding for Vung Ang 1 thermo power plant project.

HSBC has syndicated the first loans valued at $V904 million.
PetroVietnam Joint Stock Financial Corp (PVFC) has cooperated with PetroVietnam and other funing banks to carry out capital arrangement process.

At present, thermo power plant has total investment capital of $1.6 billion. It was expected that the first turbine would be officially put into operation in July 2012. – Dau tu chung khoan

Tags: Vung Ang 1 thermo power plant

Posted by VBN on Apr 22 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