Tuesday, March 13, 2012

Credit rating loans provided for electricity jobs

A credit rating long term contract really worth 820 billion dollars VND for 2 500kV and 220 kV powertransmission initiatives was finalized on Drive 12 while in the central town of DaNang.

According to Nation's Electric power Transmitting(NPT), signatories were the Vietnam Progress Standard bank (VDB), Fordi Nangbranch plus the Supervision Mother board of Main Electric power Projects (AMT).

Within the long term contract, VDB will provide the 500kV Pleiku-My Phuoc – CauBong project with 720 mil VND plus the 220 kV Dak Nong-PhuocLong-Binh Lengthy project with 100 billion dollars VND, to afford payment andresettlement while in the project vicinity.

The 2 projectswere also backed by Asia Progress Standard bank (ADB), the Vietnam Standard bank forIndustry and Industry (Vietinbank) and Standard bank for Expense and Developmentof Vietnam (BIDV), for other engineering performs.

Invested by NPT and dispersing along the areas of Gia Lai, Dak Lak,Dak Nong, Binh Phuoc, Binh Duong and Ho Qi Minh City , the projectsaim to relieve power cutbacks and be sure highest possible making potential ofpower stops and secure and constant electric power offer for southern areasand the nation in general.

NPT claimed the provisionof credit rating loans from Condition banking institutions for these particular initiatives is a component of theGovernment’s methods to speed within the execution of pressing powerplanning for energy tranny power grid progress.-VNA

Vietnam Today

No comments: