Solar power projects boom
Signing of Power Purchase Agreement for Nhon Trach 3&4 Power Plant
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On October 4, 2024, in Hanoi, Vietnam Oil and Gas Power Corporation - Joint Stock Company (PV Power) and Electricity Trading Company (EVNEPTC) signed the Power Purchase Agreement (PPA) for Nhon Trach 3&4 Power Plant, one of the important contracts before the Plant goes into commercial operation.
PV Power signed a credit of 521.5 million USD for Nhon Trach 3 and 4 Power Plant Project
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On October 1, 2024, PV Power announced a credit contract of 521.5 million USD with Citi and ING, insured by KSURE and SERV, to finance the Nhon Trach 3 and 4 Power Plant Project.