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Signing the credit and commercial loan contracts for Song Hau 1 Thermal Power Project
09:18 | 25/11/2016
According to information from PVN, on November 23, 2016 there was taken place the ceremony of signing credit contract and commercial loan contract with total value of USD 1.2 billion, between PVN and Korea Export-Import Bank (KEXIM) and Consortium of Nine Foreign Commercial Banks with the clue of Citibank for financing Song Hau 1 Thermal Power Plant (TPP) capacity of (2x600) MW. This TPP is a key project in Power Planning VII invested by PVN and allowed for development by special mechanism application to timely meet high electricity need in southern region in period to 2020.