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VND2.96 trillion for Trung Son Hydropower Plant

04/11/2012

The Trung Son Hydropower One-member Co., Ltd. under the Electricity of Vietnam (EVN) concluded an Engineering-Procurement-Construction (EPC) contract on October 22 in Hanoi for Package W-MW-01 on construction of the Trung Son Hydropower Project under a joint venture between the Sam Sung C&T and Irrigation Construction Joint Stock Company 47.

The Trung Son Hydropower One-member Co., Ltd. under the Electricity of Vietnam (EVN) concluded an Engineering-Procurement-Construction (EPC) contract on October 22 in Hanoi for Package W-MW-01 on construction of the Trung Son Hydropower Project under a joint venture between the Sam Sung C&T and Irrigation Construction Joint Stock Company 47.

Construction will cost about VND2.96 trillion worth of the World Bank's assistance funds.

Trung Son is the first hydropower project to receive loan from the World Bank following international standards on environment, society and safety. The project will provide a premise for other projects in the future.

The 260MW plant will be built in Trung Son Commune in Quan Hoa District, Thanh Hoa Province. It will contribute to increasing power production, preventing floods, supplying water to rice fields and boosting socioeconomic development in the northern central region.

The project is scheduled to start this coming November and be completed in 2017.

By My Le