VND 200 billion to construct Nuoc Trong Hydropower Company

Thứ sáu, 27/3/2009 | 11:19 GMT+7
In the morning of March 18, Nuoc Trong Hydropower Joint Stock Company (Quang Ngai) and Quang Ngai Branch of Agriculture and Rural Development Bank signed the credit contract for the project of Nuoc Trong hydropower plant.

Accordingly, the Branch will lend Nuoc Trong Hydropower Joint Stock Company nearly VND 200 billion in the period of 15 years, of which the period of grace is 3 years.

Nuoc Trong hydropower project is a part of the Project on Nuoc Trong reservoir, which is implemented in Son Bao commune, Son Ha district. This hydropower project which has the total investment of VND 303 billion has the installation capacity of 16.5 MW, the annual power output of 10 million kWh.

Constructed since May, 2008, this project has now been basically completed with the foundation excavation and is expected to generate power in April, 2011.

Theo: From People