Eximbank finances power projects in central region
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 Vietnam Export-Import Bank (Eximbank) and the National PowerTransmission Corporation have signed a credit financing contract valuedat 1.546 trillion VND (72.6 million USD) in the central city of Da Nangon August 15.
The package will be used for powerprojects in the central region, including the second phase of the ThanhMy 500KV transformer station; a 220KV transmission line linking SongBung 4, Song Bung 2 and the national power grid; a 220KV transmissionline between Vinh Tan and Phan Thiet; and a 220KV Son Ha-Doc Soi line.
Work on the Thanh My station, which will transmitelectricity from Xekaman 3 hydropower plant and those in the west ofQuang Nam province to the national power grid, will be launched inOctober and is scheduled for completion in late 2014.
The other projects are also expected to become operational by the endof 2014 and are expected to serve the livelihoods of people in thecentral region.-VNA
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