HDBank supports VND 3trillion for solar power projects in three provinces

HDBank and Sao Mai Group in the Mekong Delta province of An Giang has just jointly signed cooperation agreement to develop the Sao Mai solar power plant project.

HDBank supports VND 3trillion for solar power projects in three provinces

The project has total capacity of 210MWp covering an area of 275 hectares and having four phases. Of these, the first and second phases will be implemented in An Hao commune, Tinh Bien District in An Giang Province.

As per agreement, HDBank has approved to support the finance of VND 1,4trillion equal to 70 percent of total investment capital of the project.

Earlier, HDBank signed agreement to develop Fujiwara solar power project in the central province of Binh Dinh and My Son solar power project in Ninh Thuan province.

The three projects have been completed negotiations on electricity selling prices and the power purchase agreements. Investors are also speeding up to finish the construction works before June 30, 2019.

M.TRAM-Translated by Thanh Van

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