Further promoting sustainable cooperation between EVN and AFD

On June 9, in Hanoi, EVN’s President and CEO Tran Dinh Nhan welcomed and worked with the high-level delegation of the French Development Agency (AFD) on the cooperation relationship between the two sides.

The AFD’s high-level delegation was headed by Mr. Philippe Le Houerou - Chairman of the Board of Directors.

At the meeting, Mr. Philippe Le Houerou emphasized that EVN was one of the important partners of AFD and highly appreciated the good cooperation relationship with EVN over the years.

Mr. Philippe Le Houerou highly appreciating good cooperation relationship with EVN over the years

In line with Vietnam's commitments to the energy transition and net zero emissions by 2050, AFD has been considering expanding support to EVN through new concessional loans, as well as the exchange of technical experience with stakeholders in the near future.

EVN’s President and CEO Tran Dinh Nhan speaking at the meeting

EVN’s President and CEO Tran Dinh Nhan expressed his sincere thanks and wished that AFD would continue to support EVN's projects through concessional loans. The leader of EVN believes in effective cooperation with AFD in the future, based on the good accomplishments achieved by the two sides over the past years. EVN is committed to devoting the best resources to maintaining, developing, and elevating this partnership to new heights through cooperation activities in the field of energy transition in the coming time.

AFD is a prominent financier of EVN with concessional non-sovereign loans for clean energy and renewable energy projects such as Hoa Binh HPP Extension, Ialy HPP Extension, Se San 4 Solar Farm, grid projects to absorb renewable energy capacity such as the Southern Power Grid project. AFD's loans have contributed to supporting EVN to effectively solve financial arrangement challenges, enhancing the diversity of financial sources, and optimizing financing costs without increasing public debts of the Government of Vietnam.


  • 09/06/2023 06:11
  • evn.com.vn
  • 131