Loan deal set for renewable energy projects

24/08/2020 10:12:44 - views: 138

The Việt Nam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Trung Nam Group have signed a comprehensive co-operation deal providing financial sources for renewable energy projects.
Solar panels are installed at the Trà Vinh Solar power plant. VietinBank agreed to provide loan for Trung Nam Group developing the project in Trà Vinh Province. 
A source from Trung Nam said the deal, which was agreed last week, will continue funding for the ongoing building of wind and solar power projects as well as infrastructure projects in the north, central region and the Mekong Delta river region.
Following the deal, VietinBank agreed to provide loans for Trung Nam Group to develop the 165MWp (megawatts) Trà Vinh solar power plant.
The plant, which began construction in January of 2019 on 171ha, will cost VNĐ3.5 trillion (US$152 million) and was designed with a total capacity of supplying 250 million KWh per year.
According to the group, VietinBank is seen as a key bank for renewable energy and construction projects of Trung Nam Group since 2016.
The Group has built solar and wind power plants on a total of 900ha in the south-central Ninh Thuận Province, supplying nearly a billion of KWh per year for the national grid.
Source: Vietnam news

 Gửi ý kiến phản hồi

Họ và tên Email
Tiêu đề Mã xác nhận


EVN lauded for ensuring power supply

Cập nhật 14/01/2021

Deputy Prime Minister Trinh Dinh Dung on January 12 lauded the Vietnam Electricity (EVN) for its efforts...


EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...


Construction of Hòa Bình hydropower's expansion project plant kicks off

Cập nhật 11/01/2021

Construction of the expansion of the Hòa Bình hydropower plant began in the northern mountainous province...


EVN aims to complete key power projects in 2020

Cập nhật 21/10/2020

Vietnam Electricity (EVN) planned to put two turbines of Thuong Kon Tum hydropower plant and Se San...


Power consumption rises as economy recovers from pandemic

Cập nhật 26/10/2020

Power consumption increased significantly in September as the economy started to find its feet after...