📋 Tender Overview
Within the framework of the Vietnam -Italian Business Forum on September 4 in Hanoi, Vietnam Electricity Group (EVN) and the Italian State Development Bank (CDP) officially presented the cooperation letter to the project of Chua Ai Hydropower Plant - the first hydropower project of Vietnam, this is an important step in the realization of this strategic project, contributing to the Vietnamese enterprise. Italy, by the Ministry of Finance of Vietnam in collaboration with the Italian Trade Promotion Agency (ITA) and the Italian National Industry Federation (Confindustria), has gathered a large number of ministries, branches and Embassies of Italian in Vietnam and more than 200 Vietnamese enterprises and nearly 100 Italian enterprises. Deputy General Director of EVN Nguyen Xuan Nam (top, left) awarded a memorandum of understanding with the Italian State Development Bank partner, representing EVN, Mr. Nguyen Xuan Nam - Deputy General Director of EVN, signed the intention of CDP partner in the field of energy and infrastructure. This event took place under the witness of senior leaders from the two countries, demonstrating the strong commitment of both Vietnam and Italy in promoting economic cooperation, especially in the field of energy.The project of charity hydroelectric plant is the first hydropower project in Vietnam, which has been approved by EVN and is in the list of important source and power grid projects, prioritized for the volume of electricity. In 2050). The project has the largest capacity of up to 1,200 MW, playing a key role in: Power generation: Power supply at peak hours, help stabilize the national grid system. Energy storage: Pumping water from the bottom lake up to the upper lake at low points, optimizing power source. 6 international lending organizations, including the French Development Agency (AFD), the German reconstruction bank (KFW), Japan International Cooperation Agency (JICA), European Investment Bank (EIB), Italian State Development Bank (CDP) and Proparco Company, signed a general term (Term sheet) to arrange capital for the project, create a solid pose for the implementation of the subsequent implementation.
