News

Project

Staff Reporter

, Vietnam

Published:

13 years ago

Vietnam gets WB funding for hydropower project

The 260MW Trung Son hydro power plant, scheduled for construction this year and is expected to be fully operational by 2017, has receive funding.

The World Bank has signed a deal with the State Bank of Vietnam to provide a credit facility of $330m for the construction of a hydro power plant in Vietnam.

The country draws more than one-third of its electricity from hydropower but is trying to diversify its energy supply through coal-fired plants and other sources.

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