Electricity of Vietnam (EVN) and the China National Technical Export and Import Corporation (CNTIC) have signed an agreement under which CNTIC will supply various equipment worth US$40.2M to the Serepok 3 hydroelectric power plant in northern Vietnam.
The 220MW plant, comprising two generating units, is being built on the Se Re Poc rRiver in Dac Lac province. Construction work started in early 2006, with completion expected by 2010. The construction cost will be close to US$300M.