WB funds new power station in Thanh Hoa

A contract to construct the 260 MW Trung Son hydropower station, which is the first to be funded by the World Bank, was signed in Hanoi on October 22.

The signatories included the Trung Son Hydropower Company under the Electricity of Vietnam (EVN), contractors Sam Sung C&T and the Construction Joint Stock Company No. 47.

According to Ngo Viet Hai, the Chairman and CEO of the Trung Son Company, this phase will cost nearly US$150 million.

Keiko Sato, the World Bank’s Vietnam Portfolio and Operations Manager stated that this is an important project for Vietnam’s future and said she hopes that the WB’s financial assistance will be used effectively during the project’s construction.

With a total investment of around US$386 million, the Trung Son hydropower is being built on the Ma River, in Trung Son commune, Quan Hoa district, in the central province of Thanh Hoa and will comprise of four groups of turbines.

Once fully completed and fully in operation by 2018, the power station will produce 1.55 billion kWh annually.

Apart from generating power, the project will also help to control floods in the central region.

Theo Lê My

Same Category

Energy saving tips for your winter

04/10/2024

Clean energy brings stable electricity supply to Truong Sa Archipelago 02/11/2022
Energy shifting towards a green economy 07/10/2021
Reduce your energy bills this fall with these tips 28/09/2021
Looking to save on your energy bill? Here are some easy tips 28/09/2021

10 ways to save water at home 26/09/2021

As we face these effects of climate change, conserving water becomes increasingly important. Saving water also means saving money; the average American family spends more than $1,000 on water a year, which can be diminished significantly by addressing the way we use water in our daily lives.
Saving electricity – Practical tips that cut through the noise 26/09/2021

Power is essential for lighting and running appliances at homes and in businesses. With its ever-increasing costs, consumers constantly compare electricity in addition to other practical ways to save electricity.
Energy saving tips for the home – 7 ways to lower your bills 26/09/2021

Worried about soaring gas prices? Our energy saving tips for the home are a great way to lower gas and electricity bills and save precious cash
Quantum chemists conjure recipe to turn gold, silver and copper into vessels of green energy 23/09/2021

Quantum chemists believe gold, silver and copper could help the world take a leap towards green energy after discovering that compounds based on these metal elements and hydrogen are very promising candidates for hydrogen storage.
As heating bills go up, put your energy into keeping costs down 16/09/2021

With wholesale energy prices soaring, millions of householders will face bigger bills next month. But there are ways to save.
5 easy ways to improve energy efficiency 16/09/2021

In addition to navigating a deadly pandemic, improving energy efficiency is likely the top priority for today’s building owners facing costly, mandatory retrofits by 2025.
How to solve the investment puzzle of clean energy transitions in the developing world 19/02/2021

This article looks into three areas where efforts are needed to accelerate investments in clean energy transitions
Viet Nam News Economy Lessons from solar: Rush to invest in wind power plants to get high tariffs could overload grid 09/02/2020

The rush to invest in wind energy to take advantage of the Government's pricing incentives could lead to overloading of the national grid in a repeat of the solar scenario, experts warn.