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Vietnam Energy Forum
EVN and KfW Sign Loan Agreement for Tri An Hydropower Plant Expansion Project

EVN and KfW Sign Loan Agreement for Tri An Hydropower Plant Expansion Project

On June 24, 2025, in Frankfurt (Federal Republic of Germany), Vietnam Electricity (EVN) and the German Development Bank (KfW) signed a loan agreement worth EUR 65 million for the Tri An Hydropower Plant Expansion Project. This is the first project for which EVN has received direct financing from KfW without a government guarantee, marking a significant milestone in enhancing EVN’s financial credibility and its ability to access international capital markets.
EVN and KfW exchanged issues on capital for power plant and grid projects

EVN and KfW exchanged issues on capital for power plant and grid projects

On July 12, in Hanoi, Mr. Tran Dinh Nhan - General Director of Electricity of Vietnam (EVN), had a working with Mr. Stephan Opitz - General Director in charge of Europe - Asia regions of the German Reconstruction Bank (KfW). At the meeting, the two sides exchanged difficulties in arranging capital for the projects.
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