WB-loaned hydropower plant puts first turbine into use

February 21, 2017 - 16:51

The first turbine of the Trung Sơn plant, Việt Nam’s first hydropower project with credit loaned from the World Bank, in Thanh Hóa Province has begun generating electricity for the national grid.

Viet Nam News

HÀ NỘI — The first turbine of the Trung Sơn plant, Việt Nam’s first hydropower project with credit loaned from the World Bank, in Thanh Hóa Province has begun generating electricity for the national grid.
The Electricity of Việt Nam (EVN) Group said it is among four turbines with combined capacity of 260MW at the factory, located in Quan Hoa District.
The project is invested by Trung Sơn Hydropower Co Ltd, a subsidiary of the EVN Power Generation Corporation 2.
When fully operational, the plant is expected to provide more than 1 billion kWh for the national grid each year and will help to control flooding in the downstream Mã River.
Construction of the plant began in November 2012. The fourth turbine is scheduled to be put into operation in the second quarter of 2017, according to Trung Sơn company’s website. — VNS

Tags EVN Trung Sơn Hydropower

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

Vietnamese chicken breasts to be exported to Japan

The first batch of processed chicken breasts of a Đồng Nai-based poultry company will be sold in Japan in July.

Economy

Thái Nguyên boosts co-operation with Swedish firms

The northern province of Thái Nguyên hopes to co-operate with businesses from Ostergotland Province of Sweden in various fields, Như Văn Tám, vice chairman of the provincial People’s Committee, said.

Economy

Vietcombank to open subsidiaries in Laos, Cambodia

The Bank for Foreign Trade of Vietnam, one of the country’s four largest State-owned commercial banks, plans to open subsidiaries in Laos and Cambodia this year, a bank official said.

Economy

OCB and Bắc Á Bank allowed to set up remittance companies

The State Bank of Việt Nam has approved plans by two additional commercial banks, OCB and Bắc Á Bank, to set up subsidiaries specialising in providing overseas remittance services.

Economy

2011-16: VN gains almost $60b in footwear export

Việt Nam’s export value for leather and footwear gained stable growth every year during the 2011-16 period to reach US$57.5 billion in total.

Economy

IB Securities to issue $26.67m of bonds

The Hà Nội-based IB Securities JSC plans to issue VNĐ600 billion (US$26.67 million) worth of bonds in 2017.

Economy

Property stocks boost VN-Index

The benchmark VN-Index bounced back above 710 points yesterday, boosted by strong investments in property stocks as investors sought new opportunities in speculative shares.

Economy

High liquidity, but no drop in interest rates

Despite good liquidity in the banking system, the peculiarities in Việt Nam’s monetary policy management has prevented the decline of interest rates on deposits, a central economic report said.

Economy

VN steelmakers ask for dumping measures

Four Vietnamese steelmakers--including China Steel Sumikin Vietnam JSC, Phuong Nam Co. Ltd., Nam Kim Steel JSC, and Dong A Steel JSC-- continued to demand new measures to prevent coated steel sheets shipped from mainland China and South Korea from being sold at cheap prices in the market.