Government approves US$379 million investment in hydropower plant - News Summed Up

Government approves US$379 million investment in hydropower plant


Government approves US$379 million investment in hydropower plantDeputy Prime Minister Trinh Dinh Dung recently signed a decision on ratifying a plan to expand the country’s second largest hydropower plant in Hoa Binh province at a cost of nearly VND8.6 trillion (US$379 million). Hoa Binh Hydropower Plant is recognized as an important project to national securityUnder Decision No. 389/QĐ-TTg, the expanded project of the Hoa Binh Hydropower Plant will include two turbines with total capacity of 480MW. The Hoa Binh hydro power plant, located in the northern province of Hoa Binh, is the second largest hydropower plant in Vietnam, after the Son La hydro power plant, with an annual electricity output of over 10 billion kWh. The Hoa Binh Hydropower Plant was recognized as one among seven projects of significant importance to national security last year according to a Government’s decision.


Source: VietNamNet News April 15, 2018 08:48 UTC


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