Vietnamese hydropower plant to be built at $150-M

World Bank financed Vietnamese hydropower project.

This is a first in Vietnam, with $295.2 million of the total cost of $410 million being provided by the World Bank.

The Trung Son Hydropower Co Ltd signed a deal worth close to US$150 million with a joint venture company to build and equip the Trung Son Hydropower Plant.

The joint venture is formed between Samsung C&T Corporation and Construction Company 47.

Speaking at the signing ceremony, Ngo Viet Hai, chairman and director of the Trung Son company said yesterday that the deal was the biggest so far on the project.

Located on the Ma River in the Quan Hoa District of central Thanh Hoa Province, the plant – with its eventual capacity of 260MW – is expected to provide 1.55 billion kWh to the national power grid every year. A reservoir will be created, covering an area of about 13.13 sq.km.

EVN wants to increase its capacity for preparing hydropower projects that meet international standards.

The first rotor is expected to generate electricity by 2017 and project completion is expected by 2018.

For more.

Also Read

Eku Energy to develop its 1st BESS project in Japan

Alinta Energy and JERA Nex collaborate on Spinifex Offshore Wind Farm development

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit