Vinh Tan 2 and Duyen Hai 1 thermo-electric plants have a combined capacity of 2,400 MW with total investment capital up to VND 52.7 trillion. Those two projects as part of a national master plan to develop power sources up until 2015 are expected to contribute further to the electricity system of the southern region and the country.
In accordance with the contract, VDB will provide EVN with a VND 2.5 trillion loan. In addition to the previous credit agreement signed between VDB and EVN on 24 Feb, 2012 with an amount VND 5 trillion. Total current commitments of VDB to EVN for those two projects are VND 7.5 trillion.
According to Mr. Nguyen Quang Dung - VDB General Director, about 39% of the bank’s total outstanding are for power projects, 45.6 % of which for EVN.
At the end of 2012, EVN has over 80 power supplies and grid projects sponsored by the VDB with a total commitment amount up to VND 36, 9 trillion. They included key national projects as Son La, Lai Chau, Huoi Quang and Ban Chat hydroelectric plants./.
VDB