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News Tuesday, 12/03/2013, 23:25

Signing a contract credit of 2070 billion for Bac Lieu Wind Power Plant Work project in the second period

On November, 7, in Ho Chi Minh City, the Development Viet Nam Bank co-operated with Build- Trade- Travel Cong Ly Limited Liability company organize a ceremony to sign a contract credit to invest Bac Lieu Wind Power Plant Work project in the second period

Photo: The  Development Viet Nam Bank Electricty News Page

Attending the ceremony, there are Mr.Vo Van Dung, Member of Central Party Committee, Provincial Party Committee Secretary; Mr. Pham Hoang Be, Chairman of Bac Lieu People’s Committee and delegates some Ministry, central branches, leaders of Southwest and consulate Embassy General, the United States Counsellor in Ho Chi Minh city.

Bac Lieu Wind Power Plant Work is invested by Build- Trade- Travel Cong Ly Limited Liability Company. This is the second Wind Power Plant Work project in Viet Nam and it is the biggest in the Mekong Delta, with 300 pillars with total power is 500MW. This is an important project in clean power development national strategy. The first period of project is started work from September, 2010 with 10 first pillars. It’s completed in May, 2013 with total power of 16MW. Up to now, the plant dissolved in National grid 10 million KW, to prepare the power generate achieve 55 million KWh per year.

In the second period of project, total investment is 4070 billion, among them, Development Viet Nam Bank loaned credit capital to invest of Nation with 2070 billion in a term of 12 years. After signed the credit contract, the investors will be sign a trade contract to import equipment from the United States to take the basic for Development Viet Nam Bank to conduct loan procedure J.P Morgan Bank, with to act as a guarantee for Export-Import Bank of the United Stated.

Deploying the second period project, power scale is 83,2 KW that lead total power up to 99MW with 62 pillars electricity. It’s expected to complete for using in September, 2014, that contribute in electricity national production 320 million KWh every years.

Speaking in signing ceremony, Mr. Pham Hoang Be, Chairman of Bac Lieu People’s Committee affirm that Bac Lieu Wind Power Plant Work project is a motivate project of province with intending of using wind power to dissolve National Grid that create jobs for workers and make advantage to develop economy-society  in Bac Lieu province.

Mr. Pham Hoang Be, Chairman of Bac Lieu People’s Committee congratulated well co-operation between Development Viet Nam Bank and Build- Trade- Travel Cong Ly Limited Liability Company. At the same time, they thank for the close concern with Wind Power Plant Work project of the Government and Ministry, Central Branches, Development Viet Nam Bank and active support of the United States Embassy in Ho Chi Minh city.

On this occasion, Mr. Pham Hoang Be, Chairman of Bac Lieu People’s Committee  suggested Build - Trade - Travel Cong Ly Limited Liability Company that after this signing ceremony, they should continue the plan to deploy project in rate of progress, ensure safe quality of project and satisfy best for defined target strategy.

   Written by TD

Translated by NG

 


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