Homepage

Business

March 29, 2022 | 12:07

EVN takes French loan of €80mln for southern grid

Mạnh Đức

An €80 million ($87.8 million) loan signed on March 28 between Electricity of Vietnam (EVN) and the French Development Agency (AFD) aims to strengthen Vietnam’s southern power grid, freeing up capacity of renewable energy sources in southern provinces and contributing to the country’s low-carbon and energy transition. AFD has committed total funding of about €350 million to EVN through unsecured government loans.

EVN takes French loan of €80mln for southern grid
The signing ceremony for the loan.

Most viewed

More in VET Exclusive

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate