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