Thursday, August 17, 2017 - 10:39:30

Eximbank finances power projects in central region

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The Vietnam Export-Import Bank (Eximbank) and the National Power Transmission Corporation have signed a credit financing contract valued at 1.546 trillion VND (72.6 million USD) in the central city of Da Nang on August 15.

The package will be used for power projects in the central region, including the second phase of the Thanh My 500KV transformer station; a 220KV transmission line linking Song Bung 4, Song Bung 2 and the national power grid; a 220KV transmission line between Vinh Tan and Phan Thiet; and a 220KV Son Ha-Doc Soi line.

Work on the Thanh My station, which will transmit electricity from Xekaman 3 hydropower plant and those in the west of Quang Nam province to the national power grid, will be launched in October and is scheduled for completion in late 2014.

The other projects are also expected to become operational by the end of 2014 and are expected to serve the livelihoods of people in the central region.-VNA
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