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PVFC HCM gave financial services for Project Nhon Trach 2
On Jan 12th 2010, in Hochiminh City, the Financial Advisory Contract between PV Power – Nhon Trach 2 and PVFC (HCM Branch) were successfully organized.
According to the Contract, PVFC HCM would provide advisory service, negotiating and arranging capital with co-ordinating bank for the project Nhon Trach Power 2 invested by PV Power with total planned fund about 500 millions USD.
The Nhon Trach 2 Electricity Factory, 750MW powered, has total investment fund up to 700 millions USD, equipped by F-Generation gas tourbin technology (advanced technology in worldwide nowadays) and 2-2-1 configuration, would supply 4.5 billions KWH of electricity for the national power network. The factory was invested in IPP form, owned by co-investors as following: Petrovietnam, EVN, VNPT, TKV, BIDV, Technology Development Ltd. (6 foundation shareholders - Petrovietnam was the biggest one with 51.8% total invested fund) and other investors.
According to PVN, the project has been timely worked out as targeted. The factory was planned to be completed in 30 months and would generate power by the 1st gas tourbin in 22 months, by the 2nd gas tourbin in 23 months.
(PVFC)
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