Loan for power plant

09:01, 11/01/2008

Three foreign banks-ANZ, Natixis and BNP Paribas and Petro Vietnam Finance Company have signed a deal to provide a loan of US$270 million for the construction of the Nhon Trach Power Plant in Dong Nai Province.

Three foreign banks-ANZ, Natixis and BNP Paribas and Petro Vietnam Finance Company have signed a deal to provide a loan of US$270 million for the construction of the Nhon Trach Power Plant in Dong Nai Province. The loan makes up 60% of the cost of the 450MW project, which is owned by Petro Vietnam and will run on natural gas from offshore.

(Source: SGT)