Leaders of EVNCPC and Agribank signed credit contract for investment in construction of Central Power Corporation’s Solar Power Plant Project
The Central Power Corporation’s Solar Power Plant Project (in Cam An Bac commune, Cam Lam district, Khanh Hoa province) is invested at a total capital of VND 1,372 billion. In particular, loans from Agribank accounts for 58.5% of total pre-tax investment cost; the counterpart fund of EVNCPC is over VND 521 billion, accounting for 41.5% of the total pre-tax investment cost.
The project, with a total capacity of 50 MW, annually supplies average power output from 87,598GWh to 98,147GWh to the national power system, contributes to supplying power for the power system as well as increasing the proportion of renewable energy sources in Viet Nam's power source structure.
It is expected that the work will be put into operation in June 2019.