The DakNe Hydroelectric Plant Starts Operation

The Dakne Hydroelectric Plant in Kon Ray District, Kon Tum Province has started running. The plant started construction in February 2007 and cost more than VND230 billion. Among those, VND180 billion equal to nearly 70 percent of the total capital was sourced from the An Binh Commercial Joint Stock Bank. The money granted by An Binh Bank was disbursed during the three year construction.

This has been the first hydroelectric plant in the Central Highland which registered to implement the Clean Development Mechanism (CDM) according to the Kyoto Protocol on dealing with climate change. The project was granted a certificate on greenhouse emission reduction. The DakNe Hydroelectric Plant has capacity of 8.1MW and produces 37.96 million of electricity annually.

By Thuy Tien

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