Song Lam Construction and Investment Co, a privately owned Vietnamese company, is planning to develop two hydro plants with the combined capacity of 16.4 MW in the northwestern province of Son La, state media reports.
The developments, at a cost of some $20 million, are the 7.5 MW Nam Chim 2 plant and the 8.9 MW Nam Chim 3. A schedule has not been disclosed.
In addition, Hoa Long Co, another privately-owned enterprise, is set to develop the 1.9 MW Doal 3 hydro plant in the central highlands provinces of M,Drak district.
In related news, The PetroVietnam Finance Co has signed a $25 million finance agreement with the Song Da Corp for the development of the Nam Chien hydro station, also in Son La province.