Additional VND10.8 trillion invested in power projects

JAN 6, 2010

VNBusinessNews.com - The Electricity of Vietnam Group (EVN) plans to invest VND58.5 trillion in power projects, an increase of more than VND10.8 trillion over last year’s investment.

Among these projects, Quang Ninh and Hai Phong thermal power plants, Ban Ve hydro-electric power plants and the first turbine group of the Son La hydro- electric power plant with a total capacity of more than 2,000MW will be put into operation this year.

For other power projects still in pipeline, EVN will work with local authorities to iron out snags in land clearance for them to get off the ground soon.

It has petitioned the Ministry of Industry and Trade and the Ministry of Finance to give priority to funding key power projects for which the Group is the main investor.

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