Trung Nam wind power plant in Thuan Bac District, Ninh Thuan Province, February 2019. Photo by VnExpress/Quynh Tran

 

Vietnam Electricity (EVN) will borrow 80 million euros (over US$88 million) from the French Development Agency (AFD) to integrate renewable energy with the power grid in southern Vietnam.

 

The loan agreement will fund a project that aims at strengthening the power grid in the south of Vietnam and the integration of newly installed renewable energy capacities. The non-sovereign loan was pledged by AFD in 2018 to the Southern Power Corporation (EVNSPC), an EVN subsidiary, a French embassy press release Tuesday.

 

Work will be carried out on nearly 540 km of distribution lines and electrical substations with a capacity of approximately 900 MVA.

 

Full Story: https://e.vnexpress.net/news/news/french-loan-to-facilitate-renewable-energy-power-grid-integration-4444827.html

 

-- © Copyright VN Express 2022-03-30

Good  to hear that the French who wont refund  me my 65000 baht air  ticket AIR FRANCE  that theyve held for two  years will give money to Vietnam, guess  that means Im funding it  being as they  have billions of French govt  money to  support  them..............and  you thought Thai Air was  bad!