1.6 trillion VND for upgrading northern power network

20/08/2009 10:19:17 - views: 2,180

The Power Company No. 1 said that it would invest nearly 1.6 trillion VND (89.6 million USD) in installing new electricity meters and upgrading low-voltage network in 19 northern provinces

Of the total investment, around 1.3 trillion VND will be loans from the German Bank for Reconstruction (KFW).

The three-year project, which will last until 2011, aims to replace 2.4 million electricity meters on at least 49,338km of the 0.4kV power line in nearly 2,640 communes.

Source: Vietnam News Agency

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